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Topic Review (Newest First)
Today 02:04 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Anyone knows whats the increment from AD2 to DD1?
Like any normal yearly increment.
Yesterday 05:49 PM
Unregistered Anyone knows whats the increment from AD2 to DD1?
Yesterday 05:11 PM
Unregistered Yep just got an offer from a FI. 15% increment.
Yesterday 04:15 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
MAS claims they mark to 75th percentile of financial sector pay. I think they must be referring to bank teller's pay package.

Comments here are quite accurate. Big open wound and the management is using plaster to patch. Don't believe the management about work prioritisation anymore.

MAS is quite half hearted about the work it does and falls prey to big words and empty trends like ESG and DeFi without dedicating resources to study the regulatory risks and rewards. It is ridiculous that the one and only central bank and integrated financial regulator faces a brain drain and tries to save on salaries for staff doing, by definition, cutting edge and forward looking work for Singapore as financial centre.
Definitely not paying competitively.
Yesterday 03:00 PM
Unregistered Hi, I was invited for an interview 2 weeks ago and have yet to hear back from MAS (the HR person said they will revert in 1-2 weeks). Any idea what to expect?
Yesterday 01:27 PM
Unregistered MAS claims they mark to 75th percentile of financial sector pay. I think they must be referring to bank teller's pay package.

Comments here are quite accurate. Big open wound and the management is using plaster to patch. Don't believe the management about work prioritisation anymore.

MAS is quite half hearted about the work it does and falls prey to big words and empty trends like ESG and DeFi without dedicating resources to study the regulatory risks and rewards. It is ridiculous that the one and only central bank and integrated financial regulator faces a brain drain and tries to save on salaries for staff doing, by definition, cutting edge and forward looking work for Singapore as financial centre.
26-10-2021 12:20 PM
Unregistered Anyone gotten offer from MAS recently? Do they just match your last drawn (including bonus) to the dollar? or will there be slight increment?
19-10-2021 02:20 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I think the last sentence is really a bit too harsh. Humans are naturally curious, and this extends to all of us, including the management team. But curiosity should be grounded in reality. Thought experiments should remain as thought experiments unless you have the necessary resources to carry them out.

Some of the projects now, I would say, are akin to a General asking his medics to perform a commando raid on an enemy outpost. The medics are specialists in their fields, but they are clearly not trained as special forces. The General thinks this is not an issue, and simply request the medics to ask the commandos for some advice on how to perform the raid. He then expects the medics to perform the raid. Not only that, he still expects the medics to perform their medic duties at the same time while preparing for the raid. Such thinking is actually rather pervasive.
Maybe this is their so called thinking out of box or creativity? Non group-think mindset?
Having had a stint in CS, I can see similar patterns. One only need to look at the background/training of our ministers and the portfolios they are taking onů
16-10-2021 06:23 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
The biggest problem with this organisation is that senior management is unaware of their own blind spots. They throw out lines that they are emphatic about the ever increasing workload while creating 101 unnecessary new projects. They do not realise that they are the ones creating the additional work in the first place and assume work is arising because of other factors. Every meeting has follow-ups or new work streams created.

Many times, the work created is a waste of time. Its predominantly some egoistical exercise for them to flex their arms.
I think the last sentence is really a bit too harsh. Humans are naturally curious, and this extends to all of us, including the management team. But curiosity should be grounded in reality. Thought experiments should remain as thought experiments unless you have the necessary resources to carry them out.

Some of the projects now, I would say, are akin to a General asking his medics to perform a commando raid on an enemy outpost. The medics are specialists in their fields, but they are clearly not trained as special forces. The General thinks this is not an issue, and simply request the medics to ask the commandos for some advice on how to perform the raid. He then expects the medics to perform the raid. Not only that, he still expects the medics to perform their medic duties at the same time while preparing for the raid. Such thinking is actually rather pervasive.
16-10-2021 04:55 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Mid career switch - possible to get a pay bump at market rate?
This is civil service. Your pay is at a discount to private sector. Unlikely you will see a bump unless your are currently underpaid.
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