Banks' Pay and Bonuses
What are the salaries and bonuses in banks today like? I understand that there are lots of new regulations over the past few years, which have impacted the salaries/bonuses significantly.
Does anyone know what are the approximate figures for both salaries and bonuses for: 1) Top-front office (IB/S&T) 2) Front office (Corp B/Private B/Commercial B) 3) Middle office (Compliance/Risk/Finance/HR) 4) Back office (Ops/Tech) Appreciate all replies. Thanks. |
I am in back office. Recently got 10% increment and 5 months bonus. May sound impressive but then again, i'm not in a bank. I'm in a sovereign fund.
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Back office, 15 yrs experience, Director level, $20K per month (fixed), bonus 2-3 months
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yup
Am in category 1...
1 year of experience... Bad year, Base 13k per month... 2.5 months bonus... |
Back office, 2 years exp
6% increment 2.5mths bonus sound not too good, hope to do it better next year |
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Thanks. |
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Annual package of 72k (exclude 5-6 mths bonus). Must always achieve band 1 in AML regulations or else face the immediate risk of losing job. |
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End of the day there's no other industry that is as lucrative |
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Thanks. |
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