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  #8821 (permalink)  
Old 13-09-2020, 02:44 PM
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No front load nonsense though
s://.asiaone.com/News/The%2BBusiness%2BTimes/Story/A1Story20100304-202263.html#:~:text=Under%20the%20revised%20scheme %2C%20part,'

"This is similar to what the foreign firms do - which is to frontload and then pay out a smaller bonus at the end of the year"

seems like intl firms do this front load thing too? bmwl included?

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  #8822 (permalink)  
Old 13-09-2020, 03:38 PM
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how does the bonus in a front-loaded pay package compare to one without front loading? how many months' bonus can each expect?



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  #8823 (permalink)  
Old 13-09-2020, 05:25 PM
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generally does a junior partner at a B4 firm make more or a senior assoc at an offshore firm? comparing the 2 different paths

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  #8824 (permalink)  
Old 13-09-2020, 06:41 PM
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generally does a junior partner at a B4 firm make more or a senior assoc at an offshore firm? comparing the 2 different paths
A 2pqe to 4pqe can make 15k to 18k in an offshore 'MC' firm as an assoc. A fresh junior partner (6 to 8pqe) makes around 15k in a B4.
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  #8825 (permalink)  
Old 13-09-2020, 07:37 PM
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Updated figures as of 2020:

NQ. 1PQE. 2PQE. 3PQE. 4PQE
A&G 5,600. 6,600. 7,600. 9,000
Drew 5,600. 6,800. 8,000. 9,200
R&T 5,800. 6,600. 7,600. 8,800. 9,300
WongP 5,400. 6,100. 7,200. 8,300 (after temp 10% cut)
Rodyk 5,000.
Baker 7,500. 8,500. 9,500.
SLB 5,400.

Collated from the recent few comments. Please update/correct/add on accordingly. For other firms too.

Update #2 - Thanks for new inputs please keep them coming

Student here isit after 4PQE no more advancement?
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  #8826 (permalink)  
Old 13-09-2020, 09:08 PM
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Student here isit after 4PQE no more advancement?
No lah. What happens after 4pqe differs from individual to individual. The first 3 years pay are more or less stanardized.
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  #8827 (permalink)  
Old 13-09-2020, 09:14 PM
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A 2pqe to 4pqe can make 15k to 18k in an offshore 'MC' firm as an assoc. A fresh junior partner (6 to 8pqe) makes around 15k in a B4.
NQ at an MC firm (equivalent to 2PQE on sg scale) can make 13-15k, with a 1.5-2k pm yearly increment. So at 7PQE on sg scale an MC associate should be making around 20-24k before bonus. I dont know about the figures for junior partners but I doubt even the fresh ones are making so little - the 15k figure presumes that there is no pay bump from assoc to SA, and from SA to JP.
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  #8828 (permalink)  
Old 13-09-2020, 10:06 PM
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Quote:
Originally Posted by Unregistered View Post
Updated figures as of 2020:

NQ. 1PQE. 2PQE. 3PQE. 4PQE
A&G 5,600. 6,600. 7,600. 9,000
Drew 5,600. 6,800. 8,000. 9,200
R&T 5,800. 6,600. 7,600. 8,800. 9,300
WongP 5,400. 6,100. 7,200. 8,300 (after temp 10% cut)
Rodyk 5,000.
Baker 7,500. 8,500. 9,500.
SLB 5,400.

Collated from the recent few comments. Please update/correct/add on accordingly. For other firms too.

Update #2 - Thanks for new inputs please keep them coming
Anyone has figures for tsmp?
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  #8829 (permalink)  
Old 13-09-2020, 10:18 PM
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A 2pqe to 4pqe can make 15k to 18k in an offshore 'MC' firm as an assoc. A fresh junior partner (6 to 8pqe) makes around 15k in a B4.
Personally I know of a few batchmates who made partner after 3-4 PQE in small firms and they are making >15k at that level too
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  #8830 (permalink)  
Old 13-09-2020, 10:31 PM
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NQ at an MC firm (equivalent to 2PQE on sg scale) can make 13-15k, with a 1.5-2k pm yearly increment. So at 7PQE on sg scale an MC associate should be making around 20-24k before bonus. I dont know about the figures for junior partners but I doubt even the fresh ones are making so little - the 15k figure presumes that there is no pay bump from assoc to SA, and from SA to JP.
Yep. The MC figures the previous poster gave are accurate but the B4 junior partner salary is definitely wrong.

Let's be real - there are no B4 partners on this forum. So people who have been giving figures have been pretty much just been guesstimating, but 15k is a terribly inaccurate estimate given what we know of annual increments and SA pay at B4.

I am confident that a B4 partners outearns the MC assoc at the same PQE. Before partnership, the MC assoc will definitely make significantly more, especially at the early years.
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