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Bank executives work long hours

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Old 24-06-2007, 12:43 AM
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Default 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/

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Old 25-05-2008, 12:58 PM
peanuts---
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Default 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.



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Old 25-05-2008, 04:02 PM
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Default 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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