| Today 06:36 PM |
| Unregistered |
^ bro spent his day looking through the last 10 pages lmfao nerd
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| Today 11:47 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
^ Clearly a troll post - Here's some education for the ignorant
s://.asiaone.com/lifestyle/imagine-taking-university-classes-firing-range-woman-shares-unusual-career-path-saf
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So hou just conveniently ignored the "unusual" in title
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| Today 11:43 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
wtss why are all these techies being paid so handsomely..???
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Coz
Boasting cost nothing on internert, especially when anonymously.
Tech is always at the bottom of the food chain in banks, especially local banks. In some banks tech are not even considered banking staff but need to sign separate contract with an independent (usually bank wholly owned) technology legal entity when one move from business unit to tech side.
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| Yesterday 08:57 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
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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Pay little bonus but high base to save cost on CPF?
Wtf are you talking about lmfao
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| 23-04-2024 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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| 23-04-2024 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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| 23-04-2024 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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| 23-04-2024 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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| 23-04-2024 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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| 23-04-2024 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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