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).
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.
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.
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 10:45 AM

» 30 Recent Threads
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,426 Replies, 4,850,325 Views
GovTech ( 1 2 3... Last Page)
5,845 Replies, 2,311,614 Views
Lawyer Salary ( 1 2 3... Last Page)
21,165 Replies, 10,479,176 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,126 Replies, 5,115,050 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,686 Replies, 2,395,649 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
752 Replies, 416,790 Views
Working in SMRT ( 1 2 3... Last Page)
41 Replies, 58,903 Views
Career as Teacher ( 1 2 3... Last Page)
11,213 Replies, 6,853,769 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,354 Replies, 3,468,206 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,828 Replies, 1,449,983 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,352 Replies, 1,168,463 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
331 Replies, 380,934 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,047 Replies, 1,089,975 Views
ST Electronics ( 1 2 3... Last Page)
3,812 Replies, 1,581,155 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,164 Replies, 3,809,916 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,508 Replies, 1,404,593 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,903 Replies, 4,733,945 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,285 Replies, 640,411 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,220 Views
Work culture in IHiS ( 1 2 3... Last Page)
723 Replies, 555,543 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
419 Replies, 502,854 Views
Compare civil service salary ( 1 2 3... Last Page)
16,441 Replies, 12,608,734 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
31 Replies, 17,045 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,768 Replies, 1,519,958 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,489 Replies, 807,268 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 20,284 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
825 Replies, 390,801 Views
NUS (National University of... ( 1 2 3... Last Page)
323 Replies, 328,528 Views
DBS ACE Programme ( 1 2 3... Last Page)
163 Replies, 83,338 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 452,787 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 09:33 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2