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-   -   Bank executives work long hours (https://forums.salary.sg/income-jobs/540-bank-executives-work-long-hours.html)

Salary.sg 23-06-2007 11:43 PM

Bank executives work long hours
 
According to a survey by eFinancialCareers.sg, the well known "financial job marketplace" portal, Singapore bank executives work the longest number of hours.

As reported in the Straits Times, 44% of our bankers work more than 55 hours a week, with Hong Kong and UK not too far behind at 43% and 41% respectively.

The global average is 38.5%.

As for bank executives working less than 35 hours a week, the global average is 7%. We are not too bad at 4%. Hong Kong is perhaps a little better at 8.6%.

The reason for our bankers working so hard is quite apparent:
Quote:

"... with fat pay cheques, bumper bonuses and career advancement opportunities, local bank executives do not seem to mind the long hours."
Would you?

http://www.salary.sg/2007/bank-execu...rk-long-hours/

peanuts--- 25-05-2008 11:58 AM

1748
 
Bankers put in an upwards of 100+ hours a week. If you count the number of hours analysts work, they are paid minimum wage by US standards. Better off working in McD.

mango--- 25-05-2008 03:02 PM

1751
 
peanuts: your calculations are way off. Even if McD pays US$10/hr, that's US$1k+ per week, which is no where near the US$100k pa these slogging analysts are getting.


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