Depends on who you compare with. Of course banks pay higher than SME, GLC or less profitable industries like manufacturing and services. If you compare against top MNCs like Nestle, P&G, Exxon, Shell, Microsoft, Pfizer, Novartis etc., then yes banking HR pay & benefits is generally lower.

The main thing I dislike about doing HR in banks is not the pay, but the fact you have little decision making power unless yours is a local bank and you sit in Group. Otherwise it's all about cascading whatever is fed to you from upstairs, follow instructions, ensure compliance and file the necessary reports and approvals. I was heading Singapore HR and couldn't even make a tweak to the our insurance coverage without seeking approval from 3-4 guys on top.

Internship only use is to get to know people in the HR field and hopefully get a good reference in the process. There’s not much value in the actual work per se when you are looking for a full time job. There is a limit to how much you can bull about your MS Office experience or your problem solving skills… Like I said earlier, you might get a slight advantage over freshies but it is unlikely to be a game changer.

I’m in the Infotech industry now. You best concentrate on securing a job first, all that talk about managing your career can come few years later when you have some broad experience in HR. Try to broaden your scope to just banking, unless you are going for FO jobs, I do not see any point in getting hung up about being in a bank especially in a support function.

I find it funny also, can understand wanting to be frontline in banks, but why must be HR in banks?

okie thanks for the input.
As per say i was just asking, its not a must.... if can get shiok.
If cant get go else where? the main thing is need to get a job

AVP for HR in a well known insurance company, been in HR since graduation in 2005.

Earning $9300 now, hopefully with the increment coming in April will finally reach 5 figure...

is this still your 1st job??

Sort of, I only had a 4 month stint before that in a role that was not suitable.

like that , mean in just 7 years you manage to hit almost 10k salary, some more in the same company!!!

assume you starting pay is $3000 in 2005 and $10000 in 2012..., mean your annual increment is alot??!?!
promotion increment is 50%???

can stated your yearly salary, if got promotion please state too.

2005>>Starting pay?
2006>>??
2007>>??
2008>>??
2009>>??
2010>>??
2011>>??
2012>>expected to hit $10K

Hr, us mnc
 

Saw an ad for Senior HR Specialist (Safety) at UPS, Singapore, to be in charge of safety. Anyone knows more about the progression there? Any chance to switch to other HR fields?

Thanks for your advice.

$9300 is your Basic salary or u factored in your bonuses averaged over 12 mths?

Cant remember the exact progression clearly. Only remember some important milestones.

2005 = 3400
2007 = 5200 (promoted to AM)
2008 = 6k+ (promoted to M)
2010 = 8400 (Promoted to AVP)
2011 = 9300