Managers Command High Salaries - 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




Managers Command High Salaries

Reply
 
Thread Tools
  #1 (permalink)  
Old 15-03-2008, 06:46 PM
Salary.sg
Guest
 
Posts: n/a
Default Managers Command High Salaries

In the Business Times about 2 weeks ago was a report from HRBS Solutions comparing the income of Singapore managers working locally and their counterparts working abroad.

What's informative in the BT article are the numbers.

The article lists the "annual fixed cash + perks" of the various levels of managers working in Singapore:

- Manager - US$77,141
- Senior Manager - US$114,021
- Director - US$165,704
- VP - US$240,096
- Senior VP & above - US$343,419

So, if your boss promotes you to a VP, ask for US$240,096.

http://www.salary.sg/2008/managers-c...high-salaries/

Reply With Quote
  #2 (permalink)  
Old 15-03-2008, 09:51 PM
Howcome---
Guest
 
Posts: n/a
Default 1098

These titles can be misleading. In some investment banks I've worked for, Director is a level above VP. (it goes thus: AVP -> VP -> Director -> MD).

Reply With Quote
  #3 (permalink)  
Old 16-03-2008, 12:59 AM
Collin---
Guest
 
Posts: n/a
Default 1100

Yup, just like a normal bank where the position of AVP/VP is easily attained with relevant degree and experience.

Reply With Quote
  #4 (permalink)  
Old 16-03-2008, 07:56 AM
Howcome---
Guest
 
Posts: n/a
Default 1102

Even more confusingly, I've worked in an investment bank where the bands are named like this: Executive -> Manager -> Associate Director -> Director -> Managing Director.

I think a more interesting discussion is how to break through the VP/Associate Director level and become a Director. Because this is where you have to go Global (as in your candidacy for directorship has to be presented and agreed upon on a Global level).


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone 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
  #5 (permalink)  
Old 16-03-2008, 07:54 PM
Kevin---
Guest
 
Posts: n/a
Default 1105

US Manufacturing MNCs follow the order stated in Business Times.


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone 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
  #6 (permalink)  
Old 24-03-2008, 11:16 PM
High positions---
Guest
 
Posts: n/a
Default 1160

Local banks in Singapore use the AVP position for a role that is equivalent to a team leader - so you see a lot of AVPs strutting proudly around. Example - Call Centre Manager = VP, Team Leader = AVP.

You should see their faces when they exchange namecards with you!
Reply With Quote

  #7 (permalink)  
Old 25-03-2008, 07:20 AM
Howcome---
Guest
 
Posts: n/a
Default 1164

Well VP does sound nice And some VP are really doing pretty impressive things at the global level. (I'm talking about foreign banks though.)

And AVP does sound nicer than "Senior Software Engineer"...
Reply With Quote
  #8 (permalink)  
Old 25-03-2008, 09:06 AM
Because no go---
Guest
 
Posts: n/a
Default 1166

Yes it does but the title should be reflective of the responsibilities you carry out for your role. If you are a supervisor, then you may call yourself a team leader or group leader instead of AVP
Reply With Quote
  #9 (permalink)  
Old 25-03-2008, 11:40 AM
David Seah---
Guest
 
Posts: n/a
Default 1169

Great discussions.

High Position: Agree !! I have seen their cocky looks. Big Deal leh
Reply With Quote
  #10 (permalink)  
Old 27-03-2008, 07:38 AM
Howcome---
Guest
 
Posts: n/a
Default 1186

Well the title is bestowed upon you by the company. So just enjoy it while you can eh? It's not like you can ask the bank to change your namecard to say "team lead" or "group lead" instead of AVP.

From what I've gathered I have a feeling the title AVP comes with more $ than team leads too... I know of AVPs who make more than so called "Director of X" in other non-financial companies.


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone 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
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
Managers and Professionals - are your Salaries above the Median? Salary.sg Income and Jobs 27 11-12-2008 09:45 AM

» 30 Recent Threads
MCI and IMDA
0 Replies, 13 Views
Roles in accenture singapore ( 1 2 3... Last Page)
270 Replies, 186,470 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
590 Replies, 272,561 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
2,405 Replies, 1,132,113 Views
Career as Teacher ( 1 2 3... Last Page)
1,761 Replies, 1,159,003 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,351 Replies, 482,912 Views
How much savings do you have? ( 1 2 3... Last Page)
1,250 Replies, 481,787 Views
Lawyer Salary ( 1 2 3... Last Page)
4,526 Replies, 1,634,314 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,554 Replies, 411,819 Views
Compilation of MAs/Analysts Gross... ( 1 2)
18 Replies, 1,494 Views
Getting MBA worth? ( 1 2 3... Last Page)
97 Replies, 58,807 Views
Working Culture in IRAS ( 1 2 3... Last Page)
52 Replies, 55,142 Views
DBS BANK Interview replies ( 1 2 3... Last Page)
420 Replies, 236,036 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
815 Replies, 615,579 Views
How is life as a doctor in... ( 1 2 3... Last Page)
705 Replies, 682,757 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,475 Replies, 843,978 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,612 Replies, 679,761 Views
GIC career ( 1 2 3... Last Page)
220 Replies, 270,865 Views
Pay grade at CSA ( 1 2 3... Last Page)
65 Replies, 8,520 Views
fresh grad seeking a career,but no... ( 1 2 3... Last Page)
37 Replies, 11,967 Views
Compare civil service salary ( 1 2 3... Last Page)
8,394 Replies, 4,674,726 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,532 Replies, 1,501,087 Views
ST Electronics ( 1 2 3... Last Page)
303 Replies, 126,524 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,194 Replies, 914,963 Views
Dilemma - SAP or Data analytics?
2 Replies, 302 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
100 Replies, 61,022 Views
working under singhealth ( 1 2 3)
21 Replies, 13,749 Views
Standard Chartered International... ( 1 2 3... Last Page)
47 Replies, 42,470 Views
Salary for engineer at Singapore...
9 Replies, 9,519 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:21 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2