Originally Posted by Unregistered (Post 111472)

I see, but outside resignation, is there any other variables that may increase chance of conversion say degree type or backgrounds or whatnot?

Originally Posted by Unregistered (Post 111485)

Way I see it, either performance is outstanding or you have really good relationship with ur boss and also alot of luck. U might even need to have two of the above before u get promoted as ultimately it also depends on whether they have headcount to spare. In many cases, for the strangest reasons, they rather hire perm from outside than to promote internal long standing contract staff. Have also seen cases where pay increment for contract staff are delayed for several months or taxi claims for overtime work not being processed. Not sure about other departments, but contract staff are usually given the less important or most undesirable jobs to do that no one wants to do. In some departments, especially where local talent is scarce like in IT, the team is dominated by foreign bosses of a race and it appears that the hirng or promo opportunities are given to their own kind

Originally Posted by Unregistered (Post 111492)

Thanks for the detailed explanation

Originally Posted by Unregistered (Post 111493)

you got a contract offer in some department?

Originally Posted by Unregistered (Post 111495)

Yep, been contract for a couple of months so was wondering whats the possibility of a perm, its an IT department

Originally Posted by Unregistered (Post 111497)

Your still very new, most likely have to wait till at least 1 year, before they even consider. are you local ?

Originally Posted by Unregistered (Post 111658)

Hello everyone,

I have just recently gotten a contract offer in the analytics department dbs
How the work hours and culture are like? Should I accept?

Originally Posted by Unregistered (Post 111643)

Hi anyone knows whats the payscale like for associates? Can pls share

Originally Posted by qwerty (Post 155545)

Anybody knows how much a senior data scientist with 8 years of experience can draw in DBS?

Originally Posted by Unregistered (Post 155555)

Depends on how hard you negotiate ;)

I am assuming you are joining as a VP? The range is probably 10 to 18K per month.

Originally Posted by Unregistered (Post 159775)

Hi ,
For the analyst contract role in IT will it be hard to get to a perm position?

Originally Posted by Unregistered (Post 155557)

I see. What about those on contract thru NTT?

Originally Posted by Unregistered (Post 159881)

then u look under ntt pay., not dbs

Originally Posted by Unregistered (Post 160127)

Any contracts here that recently converted to analyst perm able to share their salary and the negotiation process?

Originally Posted by Unregistered (Post 160271)

kena rejected

Originally Posted by Unregistered (Post 160271)

kena rejected

Originally Posted by Unregistered (Post 160283)

At what stage did it get rejected?

Originally Posted by Unregistered (Post 188322)

Hi, I am currently in the midst of the offer and negotiation stage in DBS after 3 rounds of interviews and posted to consumer banking group.

My profile is 5-6 years of experience with Cloud/DevSecOps with systems design skills.

I just want to know how much should I be expecting and what rank am I at?

Originally Posted by Unregistered (Post 188341)

Probably senior associate/ avp

Originally Posted by Unregistered (Post 188378)

Thx, any insight in salary range?

Originally Posted by Unregistered (Post 188420)

When I spoke to dbs for another role they were alluding that avp is around 7-9k

Originally Posted by Unregistered (Post 188420)

When I spoke to dbs for another role they were alluding that avp is around 7-9k

Originally Posted by Unregistered (Post 189203)

AVP only 7 to 9k? Local bank really no standard

Originally Posted by Unregistered (Post 189345)

Same case in some US BBs please. Lol I came from there.

Originally Posted by Fantasista (Post 28571)

Hi, I noticed that most of the threads are talking about bank graudate position, associate position and above. However, what I would like to know is the advancement starting from Entry position in DBS. I heard that there is grading in each level, such as Bank Executive a,b,c,d. Please correct me if I'm wrong.

(Once again, correct me if I'm wrong) The advancement structure as the following (shall stop at director):

Bank Executive -> Analyst -> Associate -> AVP -> VP -> SVP -> Director


1) What is the estimated time to advance to next position for FO as well as BO, assume that one's performance is good?
2) What are the grades in each position, assuming there is such grading?
3) What is the salary to be expected at each position?
4) What is the norm for the annual increment, assuming the one's performance is good?

Hope you guys are willing to share such information! No sarcasm please, as this is for the sake of sharing only. Thank you! :D

Originally Posted by softarts (Post 189360)

FYI:
ASSO/Snr ASSO: 5-9K
AVP: 7k - 11.5K
VP: 11K - 18K
SVP: 15K - 25K
ED: 20K - 30K

Originally Posted by Unregistered (Post 190045)

DBS pay philosophy is based on Annual Total Compensation. Which means you shouldn't look only at your monthly guaranteed cash.

i.e - if you had a low monthly basic salary but do above average/good performance for the year. Ur Variable bonus will get a bump to match your peers at the same rank on the annual total comp.

There are also no more bank executives. The name has been changed.

Bank Executive C change to Assistant Officer
Bank Executive B change to Officer
Bank Executive A change to Senior Officer

At the Assistant Officer/Officer/Senior Officer rank, you get a 13th bonus (AWS) as part of ur guaranteed cash. After you get promoted to Analyst, the 13th month bonus gets embedded into your monthly basic and you will stop receiving the AWS.

Originally Posted by Unregistered (Post 189961)

Thanks for sharing, it is insightful! People would agree the pay range is rather huge which is totally normal in banking where your pay hinges largely on your previous salary.

Perhaps a more detailed breakdown would be to understand the following:

1. Associate -> Senior Associate
How many years on average to promote from Assoc -> S. Associate?
What is the pay increase?

2. Senior Associate -> AVP
How many years on average to promote from S. Associate -> AVP
What is the pay increase?

Originally Posted by Unregistered (Post 28616)

Analyst - 1 yr - 5000 to 6000
Associate - 2 yr - 6800 to 8000
AVP - 2yr - 8000 to 13000
VP - 5yr - 13000 - 29000
SVP - ?? - 25000 - 52000
MD - ?? - >60000