| Yesterday 11:20 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
yea lol what a blatant lie
backoffice pay is like this
associate 6.5k, 2 months bonus = 13k
senior associate 7.5k, also 2 months = 15k
avp around 8.5k, bonus = 17k
vp around 10k, bonus = 20k
svp = 23k a month? bonus 5 months? lmfao what? so bonus is 115k for svps? yea ok bro
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Seriously base part is reasonable. Dbs restructure comp last year moving bonus to base to be more "competitive" in job market against foreign banks which are know to pay little bonus but high base (to save cost on cpf).
But bonus part sounds a bit high. Back office in dbs bonus for svp usually 3-4 months especially after restructuring, 5month not very real.
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| Yesterday 11:08 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Ocbc ED, 15k base and 125k bonus
(In OCBC, ED > MD > MD 1 > GroupMD) late 30s
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Private banking or commission type role only. Normal role in local bank, svp and below, no bonus more than 6 months one.
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| Yesterday 11:07 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
you're lowballed hard as sh1t.
just think about it, let's look at all the local banks and their tech program ( which are incredibly easy to get in )
dbs seed = 5.5k p.m, after 2 yr program, 6.5k
uob tdp = 4.5k p.m, after 1 yr program, 4.8k
ocbc program = 5k p.m ( dunno how long this prog is )
these are all 0-2 years of experience people
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Not as easy as you think, very limited headcount actually. Like less than 5-10% of normal school hire.
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| Yesterday 11:02 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
This is true.
DBS has been doing lots of pay restructuring since 2022. In fact they have a popular tech program called DBS SEED in which they give SEEDers 5.5k starting, reaching up to 6.8k after 2 years completion, bonus is over 3 months.
There's also almost no layoff unless you do stupid nonsense like insult SG flag or say PAP sucks etc. If you work like a normal civilized human being, you'll never get laid off.
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Very true. Only downside dbs compare to foreign bank is much more workload, as headcount is always stressed. Like 30%more work. You go to mbfc after 6pm and see which tower/lift lobby got the most food delivery...
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| Yesterday 10:58 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
ops/compliance peeps in dbs - how much bonus did you get this year?
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2-3 months vp and below. 3-4 months vp-ed. Md and up no idea but definitely more, plus stocks/options.
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| Yesterday 10:50 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
What’s the base pay range for ED in OCBC?
To me total package of 300k a year is still great for late 30s
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It's actually very good if late 30s. In dbs, usually senior svp or entry ed get 300k base, most mid-40 already. Those commission based role like private banker, trader maybe different, but how many such role are there?
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| Yesterday 10:45 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
DBS bonus for SVP is insane lol friend's uncle is SVP after 20 years in technology & operations, hes getting 23k a month, bonus is 140k in 2022, 150k in 2023 and 145k this year
what in the actual fk?
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Base part true bonus pure BS. Tech in any bank has the least bonus. At svp in tech, bonus 3months tops. Not to mention dbs just did 2 rounds of comp restructuring in 2022 ans 2023 to move part of bonus to base to make its offer more inline with global bank so appears more competitive
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| Yesterday 10:39 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
sounds like a load of bs
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The scb director m22 base of 200k is qute reasonable. As I was director m23 with base 260k.
The uob fvp 240k base also sounds plausible, as I know a recently joined vp with base 216k.
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| 22-04-2024 07:16 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
DBS bonus for SVP is insane lol friend's uncle is SVP after 20 years in technology & operations, hes getting 23k a month, bonus is 140k in 2022, 150k in 2023 and 145k this year
what in the actual fk?
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no surprise, DBS pays a lot for bonus lol just look at their financial reports, im confused as to how they make profit every quarter even after tech outrage.
if DBS put in more money into tech, they can easily eat up UOB but too bad, treat tech like cost center, get cheapo devs who code rubbish and cause bugs and crashes.
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| 21-04-2024 08:36 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
DBS bonus for SVP is insane lol friend's uncle is SVP after 20 years in technology & operations, hes getting 23k a month, bonus is 140k in 2022, 150k in 2023 and 145k this year
what in the actual fk?
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so many outages still getting fat bonuses...what a joke
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