DBS Graduate Associate Program - Page 26 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




DBS Graduate Associate Program

Reply
 
Thread Tools
  #251 (permalink)  
Old 11-04-2016, 09:22 PM
Unregistered
Guest
 
Posts: n/a
Default 2850

Quote:
Originally Posted by Passerby - Monday View Post
The only thing variable is year-end bonus.

The intake is likely to decrease with the headcount freeze due to the unfavourable economic situation. As prestigious as the programme may sound, the job may be routine in nature depending on your posting.

I see people leaving within the first year because they do not see value in the daily day-to-day operations of the bank and project opportunities are limited.

That said, there are also people who excel in the programme - I see people reaching senior associate in 3 years because they are passionate in what they are doing.
whats ur impression of retail banking and sme banking?

Reply With Quote
  #252 (permalink)  
Old 12-04-2016, 01:33 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
whats ur impression of retail banking and sme banking?
3.8k base. Bonus depends on performance. Increment depends on luck.

For ops, prepare for mostly processing work. There is very very little non processing role available. Most people do processing for 2 years in a role. Lucky ones do 1 year.

Techs are mostly BA roles, supporting PM. prepare to set meeting, book room and send email to support your projects.

SME and retail are sales

Reply With Quote
  #253 (permalink)  
Old 26-04-2016, 06:07 PM
Unregistered
Guest
 
Posts: n/a
Default

To those who have signed the contract offer - any idea when will we get the signing bonus?

Reply With Quote
  #254 (permalink)  
Old 26-04-2016, 07:05 PM
Banned
 
Join Date: Jun 2012
Posts: 270
temp111 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
To those who have signed the contract offer - any idea when will we get the signing bonus?
Havent even start working for one day and alrd talk abt bonus.

Better wake up your f***ing idea.
Reply With Quote
  #255 (permalink)  
Old 26-04-2016, 10:10 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by temp111 View Post
Havent even start working for one day and alrd talk abt bonus.

Better wake up your f***ing idea.
DBS graduate associates are earning 3.8k base...more than you
Reply With Quote
  #256 (permalink)  
Old 26-04-2016, 11:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by temp111 View Post
Havent even start working for one day and alrd talk abt bonus.

Better wake up your f***ing idea.
It's called signing bonus for a reason

Go back to HWZ and EDMW where you belong
Reply With Quote

  #257 (permalink)  
Old 26-04-2016, 11:43 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
To those who have signed the contract offer - any idea when will we get the signing bonus?
there's a signing bonus now? thats something new
Reply With Quote
  #258 (permalink)  
Old 28-04-2016, 01:31 AM
Unregistered
Guest
 
Posts: n/a
Default

Signing bonus is a fallacy. At least I didn't hear anyone from my batch got it.

Most Ops GAs (me) leave Ops within the first 2 years.. moving into mid/front office.
Most IT GAs are really passionate about what they do so they stayed in IT.
SME/Retail GAs are doing generally doing sales and are constantly motivated by awards.

We are promoted every year.. Senior Associate at the end of 3rd year.
Increment at least once a year (this varies.. I get about 7% pa)

Pro:
-prestige and faster promotion
-higher starting pay (3.8k) than average fresh grads
-easier to enter than foreign banks and other MAPs
-internal mobile after 2 years

Con:
-we are second-class MAs..
-salary is considered on the low-side
-DBS GA aren't recognized outside... maybe only by OCBC? I been looking out for quite a while but no luck

Sometimes, I feel we are cheap and good labor, brainwashed to believe we are future leaders and hence ignore the low salary. My 5 cents.
Reply With Quote
  #259 (permalink)  
Old 28-04-2016, 04:04 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Signing bonus is a fallacy. At least I didn't hear anyone from my batch got it.

Most Ops GAs (me) leave Ops within the first 2 years.. moving into mid/front office.
Most IT GAs are really passionate about what they do so they stayed in IT.
SME/Retail GAs are doing generally doing sales and are constantly motivated by awards.

We are promoted every year.. Senior Associate at the end of 3rd year.
Increment at least once a year (this varies.. I get about 7% pa)

Pro:
-prestige and faster promotion
-higher starting pay (3.8k) than average fresh grads
-easier to enter than foreign banks and other MAPs
-internal mobile after 2 years

Con:
-we are second-class MAs..
-salary is considered on the low-side
-DBS GA aren't recognized outside... maybe only by OCBC? I been looking out for quite a while but no luck

Sometimes, I feel we are cheap and good labor, brainwashed to believe we are future leaders and hence ignore the low salary. My 5 cents.
Regarding your con about recognition... what if the GA has really good results in his/her work? surely it will be noticed by people... have u seen/heard anyone getting headhuntered by other companies?
Reply With Quote
  #260 (permalink)  
Old 28-04-2016, 08:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Signing bonus is a fallacy. At least I didn't hear anyone from my batch got it.

Most Ops GAs (me) leave Ops within the first 2 years.. moving into mid/front office.
Most IT GAs are really passionate about what they do so they stayed in IT.
SME/Retail GAs are doing generally doing sales and are constantly motivated by awards.

We are promoted every year.. Senior Associate at the end of 3rd year.
Increment at least once a year (this varies.. I get about 7% pa)

Pro:
-prestige and faster promotion
-higher starting pay (3.8k) than average fresh grads
-easier to enter than foreign banks and other MAPs
-internal mobile after 2 years

Con:
-we are second-class MAs..
-salary is considered on the low-side
-DBS GA aren't recognized outside... maybe only by OCBC? I been looking out for quite a while but no luck

Sometimes, I feel we are cheap and good labor, brainwashed to believe we are future leaders and hence ignore the low salary. My 5 cents.
The poster seems like a nice chap so I feel kinda bad saying what I'm going to say. But don't care, I still have to say my piece because there are quite a few fallacies in the quoted post.

1. No, there isn't confirmed promotion every year, and you are not guaranteed to rise to Senior Assoc by the end of your third year. You have to perform well to be promoted, that's that. The only round of promotion that is guaranteed for the GAs (and MAs) is from Analyst to Assoc at the end of second year.

2. If you are able to see the fact that GAP is much easier to get in than MAP or other foreign banks, then I think there isn't much to complain about the 3.8k starting pay. Because for a job that "is easier to enter", 3.8k is a pretty darn decent starting pay.

3. Once again, if you are able to see the fact that GAP is considerably easy to get, then there shouldn't be any qualms with being treated as "second class MAs" (MAP is indeed much more difficult to get in) or the fact that GAs are "not recognized outside".

Lastly, just want to state that DBS GAP is quite a good avenue for those who are interested to get a relatively good starting position in the banking industry. Furthermore, DBS is a pretty decent bank to start a career at, I don't think anyone can reasonably deny that.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Singtel Management Associate Program 2015 samtanjw Income and Jobs 1133 24-06-2022 10:01 PM
DBS Management Associate Program 2015 samtanjw Income and Jobs 1855 26-02-2021 01:36 AM
Insurance Management Associate Program (IMAP) Cron Income and Jobs 65 11-12-2020 04:55 PM
Management Associate Program hexengeist Income and Jobs 0 05-09-2013 01:40 PM
Dive Management Associate Program Rickykoh Marketplace and Find Work 0 20-01-2013 01:30 PM

» 30 Recent Threads
SIA AO grades ( 1 2 3... Last Page)
68 Replies, 28,052 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
934 Replies, 198,298 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
8,429 Replies, 2,449,572 Views
Lawyer Salary ( 1 2 3... Last Page)
17,199 Replies, 6,489,272 Views
Career as Teacher ( 1 2 3... Last Page)
5,667 Replies, 3,527,728 Views
Jumping into the tech private... ( 1 2 3... Last Page)
69 Replies, 8,899 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,616 Replies, 3,111,858 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,188 Replies, 580,890 Views
Roles in accenture singapore ( 1 2 3... Last Page)
4,886 Replies, 974,277 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,985 Replies, 1,934,120 Views
GovTech ( 1 2 3... Last Page)
3,202 Replies, 866,688 Views
Compare civil service salary ( 1 2 3... Last Page)
14,252 Replies, 8,961,537 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
971 Replies, 637,525 Views
Micron starting pay ( 1 2 3... Last Page)
460 Replies, 166,145 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,611 Replies, 2,037,087 Views
Medical lab job (medical...
3 Replies, 1,043 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,156 Replies, 522,346 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
633 Replies, 161,981 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
220 Replies, 74,632 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,301 Replies, 711,839 Views
ST Electronics ( 1 2 3... Last Page)
2,811 Replies, 854,309 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
896 Replies, 555,711 Views
High Finance Thread ( 1 2 3... Last Page)
1,221 Replies, 262,037 Views
Facebook (Meta) ( 1 2 3... Last Page)
52 Replies, 10,971 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
526 Replies, 147,325 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,063 Replies, 380,204 Views
Engineer Pay ( 1 2 3... Last Page)
473 Replies, 245,739 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,631 Replies, 894,454 Views
Official 2022 Retrechment thread ( 1 2 3... Last Page)
90 Replies, 12,157 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,983 Replies, 754,018 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:39 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2