Banks' Pay and Bonuses - Page 8 - 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
  #71 (permalink)  
Old 31-05-2015, 11:22 AM
Unregistered
Guest
 
Posts: n/a
Default

What a ****ing cunt of a loser who doesn't know **** or anyone in those circles.

Really hopeless. Asset management ISN'T paid the same as IB. HHHAHAHAHHAA. Real joke.

I dare you to verify your claims. Stop repeating lame ****, ****ing poser.

Reply With Quote
  #72 (permalink)  
Old 31-05-2015, 12:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What a ****ing cunt of a loser who doesn't know **** or anyone in those circles.

Really hopeless. Asset management ISN'T paid the same as IB. HHHAHAHAHHAA. Real joke.

I dare you to verify your claims. Stop repeating lame ****, ****ing poser.
So angry for what? Why take it so personally? Was that your pride and ego speaking?

Reply With Quote
  #73 (permalink)  
Old 31-05-2015, 12:19 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
So angry for what? Why take it so personally? Was that your pride and ego speaking?
Haha, I'm a different poster from the above. But I have to agree that people who likes to talk rubbish when they don't know much are really irritating though. Just like the person who said the following:

"Wrong, previous comment about the compensation (9.6k) in front office positions at bulge brackets is correct. Why is this so hard to believe? We are talking about the biggest banks here... Must be another kuku bird who isn't in FO."

If you don't have accurate and reliable first-hand information, why would you want to give wrong information to others?

Having said that, we should chill a little here. As long as you're in BB FO, the pay would be way above the average. The difference between that 9.6k and 8.5k isn't all that much. If you're arguing over that 1.1k difference, it is likely more about ego rather than about satisfying your personal needs.

And yes, FO employees in BBs are paid differently across the IB/AM/WM/ER divisions.

Reply With Quote
  #74 (permalink)  
Old 31-05-2015, 03:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Haha, I'm a different poster from the above. But I have to agree that people who likes to talk rubbish when they don't know much are really irritating though. Just like the person who said the following:

"Wrong, previous comment about the compensation (9.6k) in front office positions at bulge brackets is correct. Why is this so hard to believe? We are talking about the biggest banks here... Must be another kuku bird who isn't in FO."

If you don't have accurate and reliable first-hand information, why would you want to give wrong information to others?

Having said that, we should chill a little here. As long as you're in BB FO, the pay would be way above the average. The difference between that 9.6k and 8.5k isn't all that much. If you're arguing over that 1.1k difference, it is likely more about ego rather than about satisfying your personal needs.

And yes, FO employees in BBs are paid differently across the IB/AM/WM/ER divisions.
Hi you seem very well informed...

Do u know the range between FO for those divisions?

I heard a PB ARM gets about 4-5k... Not sure about Er,am trading and ibd
Reply With Quote
  #75 (permalink)  
Old 31-05-2015, 05:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post

And yes, FO employees in BBs are paid differently across the IB/AM/WM/ER divisions.
Exactly, they are paid differently across various divisions.

But the difference isn't all that minuscule because it adds up (across salary and bonuses).
Reply With Quote
  #76 (permalink)  
Old 31-05-2015, 05:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi you seem very well informed...

Do u know the range between FO for those divisions?

I heard a PB ARM gets about 4-5k... Not sure about Er,am trading and ibd
Which bank and function do you want to know? S&T and IB are usually paid around the same while there is a greater variance amongst AM/WM depending on bank and function.
Reply With Quote

  #77 (permalink)  
Old 31-05-2015, 06:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Which bank and function do you want to know? S&T and IB are usually paid around the same while there is a greater variance amongst AM/WM depending on bank and function.
well would be great if u could list those that u know? I've always wondered if the AM or pb guys get more than us...

I work in a Bb 2nd year and I draw about 13k basic these days... Bonus not much though...

Thinking if it's worth the effort to jump ship. Feel underpaid
Reply With Quote
  #78 (permalink)  
Old 31-05-2015, 06:12 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
well would be great if u could list those that u know? I've always wondered if the AM or pb guys get more than us...

I work in a Bb 2nd year and I draw about 13k basic these days... Bonus not much though...

Thinking if it's worth the effort to jump ship. Feel underpaid
Why not jump into PE/HF?

PB: I would not jump into PB unless I know I can secure clients. Base will definitely not be that high. I'm not too sure about this, but I think that JPM pays the highest here; probably slightly below $8k/mth? The other banks (non-bb) usually pay <$6k/mth. Your future compensation will be determined by how many clients you can secure. If you're not able to get a minimum number of clients, you would likely to be cut-off after a number of years.

I'm not sure about AM though. Fresh grad $8.5k/mth for BB sounds about right.
Reply With Quote
  #79 (permalink)  
Old 31-05-2015, 07:04 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Why not jump into PE/HF?

PB: I would not jump into PB unless I know I can secure clients. Base will definitely not be that high. I'm not too sure about this, but I think that JPM pays the highest here; probably slightly below $8k/mth? The other banks (non-bb) usually pay <$6k/mth. Your future compensation will be determined by how many clients you can secure. If you're not able to get a minimum number of clients, you would likely to be cut-off after a number of years.

I'm not sure about AM though. Fresh grad $8.5k/mth for BB sounds about right.
Are you in the finance industry?

Because PE is so ridiculously small here that it makes no sense to jump into PE. Maybe, better hours... But the pay from many of the shops are crap.

Hedge fund...? Few ibankers have transferable skills to hedge fund and they rarely transit over; unless he's in a trader role?
Reply With Quote
  #80 (permalink)  
Old 01-06-2015, 04:53 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Are you in the finance industry?

Because PE is so ridiculously small here that it makes no sense to jump into PE. Maybe, better hours... But the pay from many of the shops are crap.

Hedge fund...? Few ibankers have transferable skills to hedge fund and they rarely transit over; unless he's in a trader role?
I would actually argue that alot of bankers have transferable skills to hedge funds...especially HFs that employ a fundamental bottom up strategy. In fact, investment bankers have MORE transferable skills compared to traders. If you're a trader in say a macro product such as FX or rates, then yes...perhaps a role in a macro fund would be perfect but in almost all other HFs that employ a different strategy, bankers have the better skill set to transfer. A sell-side trader mainly trades flow and manages risk; very little detailed security analysis involved...how is that transferable at all to a non-macro oriented HF?
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
Career as Teacher ( 1 2 3... Last Page)
4,154 Replies, 2,670,051 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
644 Replies, 327,855 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
33 Replies, 40,864 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
3,869 Replies, 1,500,188 Views
GovTech ( 1 2 3... Last Page)
692 Replies, 378,136 Views
DBS Wealth Manager Fresh Grad...
0 Replies, 57 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
343 Replies, 474,842 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,850 Replies, 4,473,546 Views
Lawyer Salary ( 1 2 3... Last Page)
14,765 Replies, 5,023,465 Views
UOB Management Associate Program ( 1 2 3... Last Page)
541 Replies, 306,924 Views
IMDA (under MCI) ( 1 2 3... Last Page)
206 Replies, 79,651 Views
How to start a small business ( 1 2)
15 Replies, 8,412 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,169 Replies, 1,751,152 Views
Relocation to the US or stay in SG? ( 1 2 3)
24 Replies, 1,677 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
173 Replies, 54,295 Views
Compare civil service salary ( 1 2 3... Last Page)
12,904 Replies, 7,636,645 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,299 Replies, 2,663,017 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,057 Replies, 1,871,770 Views
Putting company name in resume ( 1 2)
12 Replies, 2,186 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
176 Replies, 49,724 Views
Sign On After 30? ( 1 2 3... Last Page)
54 Replies, 29,289 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,921 Replies, 645,854 Views
Year end bonus for civil service ( 1 2 3... Last Page)
334 Replies, 68,618 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
841 Replies, 241,568 Views
PSA Undergraduate Scholarship...
0 Replies, 141 Views
Singapore LNG Corporation (SLNG)
3 Replies, 355 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
162 Replies, 57,765 Views
NUS (National University of... ( 1 2 3... Last Page)
140 Replies, 128,046 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,211 Replies, 1,527,277 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:57 AM.


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