Banks' Pay and Bonuses - Page 22 - 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




Banks' Pay and Bonuses

Reply
 
Thread Tools
  #211 (permalink)  
Old 05-05-2021, 01:22 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What level is this
Associate level

Reply With Quote
  #212 (permalink)  
Old 05-05-2021, 10:59 PM
Unregistered
Guest
 
Posts: n/a
Default

DBS pay is generally pretty good, people like to lump the 3 local banks tgt but DBS (both base pay and total comp) significantly ahead of the other 2. Of course below BB but about same as other major banks like SC and HSBC

Reply With Quote
  #213 (permalink)  
Old 05-05-2021, 11:26 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Associate level
Lol associate level > 7k? If you are associate forever for 10 years, maybe 7k is possible as that is the ceiling pay for associate. But on avg associate should be 5k. All grads after 1 year should be promoted to associate.



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #214 (permalink)  
Old 06-05-2021, 12:03 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lol associate level > 7k? If you are associate forever for 10 years, maybe 7k is possible as that is the ceiling pay for associate. But on avg associate should be 5k. All grads after 1 year should be promoted to associate.
>7k actually, so 7k is probably not the ceiling. Also 1 year experience.
Reply With Quote
  #215 (permalink)  
Old 06-05-2021, 12:24 AM
Unregistered
Guest
 
Posts: n/a
Default

What is the most prestigeous local bank to join?
Reply With Quote
  #216 (permalink)  
Old 06-05-2021, 12:58 PM
Unregistered
Guest
 
Posts: n/a
Thumbs down

Quote:
Originally Posted by Unregistered View Post
What is the most prestigeous local bank to join?
What difference does it make and why do you care if its prestigious or not? Better you focus on the role and the select the boss and the working environment. No point being in prestigious bank but toxic environment doing something you don't enjoy for some boss who regularly berates you.
Reply With Quote

  #217 (permalink)  
Old 07-05-2021, 01:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
im currently at one of the local banks at avp rank with 5 years exp, earning 5.9k pm. im pretty sure i'm an underpaid avp. so 5.5k for a manager rank sounds fair.
that sounds very low. local bank really try to low ball anyone using their "big brother" brand.
im actually expecting around 6.5k-7.5k for manager role with >5y exp

so > mgr > avp > vp

anyone in tech can easily go to any tech company and command much higher pay than this.
Reply With Quote
  #218 (permalink)  
Old 07-05-2021, 01:36 PM
Unregistered
Guest
 
Posts: n/a
Default

there is a saying recently that because of the border closure, local sinkie/pr can actually ask for more as there is short of supply. even they get to it, they won't even have chance to get on a work permit at such low pay. usually heard start from 5 figure n above.
Reply With Quote
  #219 (permalink)  
Old 08-05-2021, 10:17 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
that sounds very low. local bank really try to low ball anyone using their "big brother" brand.
im actually expecting around 6.5k-7.5k for manager role with >5y exp

so > mgr > avp > vp

anyone in tech can easily go to any tech company and command much higher pay than this.
Another thing that local banks are infamous for doing is inflating titles. Half their staff are Assistant Vice Presidents and above.... LOL.
Reply With Quote
  #220 (permalink)  
Old 08-05-2021, 11:05 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Another thing that local banks are infamous for doing is inflating titles. Half their staff are Assistant Vice Presidents and above.... LOL.
If you are able to get offers from tech company, you should even consider offers from bank regardless whether it is BB bank or local bank. It will be very hard for them to match. Senior engineer can earn 300k at FANG in Singapore which is more than salary at SVP level at DBS.
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
Annual increment and bonuses at NUH and NUS darkstar Income and Jobs 3 19-01-2014 04:10 PM
Bonuses !! uturn Income and Jobs 50 19-03-2013 09:54 PM
IT in banks sochews Income and Jobs 7 08-12-2011 09:45 AM
More Pay and Bonuses for Teachers Salary.sg Income and Jobs 7 05-12-2009 06:45 PM
MINDEF and SAF Sign-On Bonuses Salary.sg Income and Jobs 9 16-08-2009 03:40 PM

» 30 Recent Threads
Jumping from Stat Board into...
2 Replies, 170 Views
Lawyer Salary ( 1 2 3... Last Page)
13,697 Replies, 4,607,477 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,648 Replies, 1,278,451 Views
Asset Management Salary ( 1 2 3)
26 Replies, 3,507 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,848 Replies, 608,272 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,011 Replies, 521,420 Views
Career as Teacher ( 1 2 3... Last Page)
4,004 Replies, 2,499,926 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,061 Replies, 2,522,950 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,688 Replies, 4,353,297 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,913 Replies, 1,748,420 Views
Compare civil service salary ( 1 2 3... Last Page)
12,577 Replies, 7,343,049 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
79 Replies, 22,433 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
83 Replies, 133,973 Views
UOB Management Associate Program ( 1 2 3... Last Page)
438 Replies, 274,662 Views
Banking - Back Office ( 1 2 3... Last Page)
239 Replies, 159,349 Views
Citibank Singapore ( 1 2 3... Last Page)
135 Replies, 100,031 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
632 Replies, 139,767 Views
IMDA (under MCI) ( 1 2 3... Last Page)
114 Replies, 57,432 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,750 Replies, 1,410,655 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
233 Replies, 108,586 Views
ST Electronics ( 1 2 3... Last Page)
2,332 Replies, 572,144 Views
business analyst
1 Replies, 2,782 Views
Perm to contract, increase > 2k... ( 1 2 3... Last Page)
31 Replies, 4,326 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,516 Replies, 731,479 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
625 Replies, 98,596 Views
DBS tech seed programme ( 1 2 3... Last Page)
867 Replies, 222,174 Views
HDB (under MND) ( 1 2 3... Last Page)
458 Replies, 369,950 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
735 Replies, 198,940 Views
Anyone work in AVA Animal Health... ( 1 2)
14 Replies, 8,926 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,022 Replies, 738,120 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:48 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2