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 Working in Singapore V16, Badminton 04th Oct @ Sportshub

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keeganz
post May 15 2014, 12:39 AM

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QUOTE(Mackiddo @ May 14 2014, 09:30 AM)
if you follow the conversations in this forum long enough, you'll notice most of forumers here who are in banking industry easily earn > s$100k p.a.
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If you are not in the sales line. Then only the VPs could earn that figure.
However if you are in the sales line, every position have a fair chances.Sky is limit. But Avp & VP chances is higher.
keeganz
post Jun 5 2014, 08:12 PM

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QUOTE(IEE @ Jun 5 2014, 05:57 PM)
recently there are so many successful person posting here in this humble thread, I wonder they have so much time here, when they should be sipping Pina Colada in Bora bora island. If you all insist to post here,at least impart you wisdom to all the noobie here how to successful like you all.
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I heard that someone here working in banking industry and manage to jump from 2k starting salary to 100k pa in just 3 years. Mind to teach or share your journey?

Seriously that could be very helpful to people like me who just join the bank and having a personal banker role.

Willing to treat a meal(food court, I only could afford that)

Thanks in advance, sifu
keeganz
post Jun 6 2014, 02:31 PM

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QUOTE(robertchoo @ Jun 6 2014, 10:52 AM)
3 years to 100k p.a. salary while not a myth is extremely difficult to achieve. The only 2 successful methods which i have seen to achieve that is either a hotshot trader or a well connected private banker. Oh, also possible if you are in a tier 1 investment bank i.e. goldman and these people don't start at sgd2k for sure. One common trait you will notice is that these people are extremely smart and present extremely well able to rub shoulders with the whose who without feeling out of depth. Most are also ivy league unis maybe except for the private bankers. But private bankers must have the connections and most come from well to do families anyway.As for the rest of the banking sector, all myths.
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Hi robertchoo. That's a wonderful insight from you. It's really informative and could help me in planning my path in banking industry. However your hard truth seems to dampen my hope. Those position or segment is far from my current level.

Thanks for the advise. It's a long one and full of information for me. I'm from a poor family and doesn't have much network or connection to royal family.
I do know a big shot from Royal family in southern, but I doubt he will entertain me.

I just manage to break into SG banking industry which have plenty of myth saying the banker could easily earn 100k, or most will be elite in few years time.

I'm just wondering does till applicable to local grad or those in Ivy League. I'm starting from personal banker and the most junior level in banking.

When I saw someone here post that it's possible to earn 24k p.a to 100k p.a. I'm impress. Would want to know more.

Anyone more willing to share.


keeganz
post Jun 7 2014, 06:11 PM

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QUOTE(PepsiCo @ Jun 7 2014, 09:39 AM)
I certainly is in this cmi group. Don't say $100k, $50k also is a struggle.
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I guess as robertchoo said earlier on, don't obsess with the 100k pa thingy. Although you are earning 50k pa, so long you get the work life balance. That's more important.

I learn this from my fellow friend which I idolize.
keeganz
post Jun 7 2014, 06:14 PM

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QUOTE(Fiona Chin @ Jun 6 2014, 06:36 PM)
Yea bingo, something like that. Starting salary is not 2k, maybe more than twice of that for local ivy league's cream.
24k p.a. was my ex bf. After he got 100k p.a. he them become my fiance. Maybe he hit 200k then I can finally become the Mrs.
Troll~
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Wow, your fiancé must be someone legendary. Any chance for him to give me some hint. Willing to trade a plate of char Kuew teow for that. Let me know.


keeganz
post Jun 7 2014, 06:17 PM

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QUOTE(deodorant @ Jun 6 2014, 06:38 PM)
probably one way to estimate a person earning I guess is to see what his credit card limit is, if for example it's 25k limit then likely the owner is on $12.5k monthly liao.
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Maybe, but sometime limit in CC can be temporary increase. It won't be that accurate.

However the most accurate would be looking at theirs lifestyle like travelling. Eg: someone who could afford travel to South Africa for a cup of choco milk. That's shows that prolly they earn more than 100k.

IMHO
keeganz
post Jun 7 2014, 06:19 PM

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QUOTE(robertchoo @ Jun 6 2014, 06:56 PM)
Hard truth: No chance. Stop obsessing about sgd100k pay package. Most bankers don't get paid that much even after 15-20 years. Some won't even hit half that amount in their entire banking career. Stop comparing yourself to the cream of the crop (unless you are one, in which case you won't be "wondering" anyways).  If you ever wondered if you have the chops to earn sgd100k a year in 3 years, the answer is you don't. Coz people who do don't wonder. They know they can and they go out and do it.
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Thanks robertchoo. I kinda agree on what you said, instead of looking for hint and tips. I guess it's time for me to work hard and be one of them.

Give me 3 years. If I could manage to transform my pay from 24k pa to 100k pa or more. First to thanks would be you.

Thanks for the hard truth
keeganz
post Jun 10 2014, 12:15 AM

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QUOTE(seantang @ Jun 9 2014, 03:23 PM)
Look at it this way... if the money is not spent on BR1M, it will be spent on cronies and corruption.

And BR1M is not as if one person gets it, another person will not get.

If you do not take yours (regardless of whether you are working in Sg or not), rest assured that someone will use your IC number and take it for you. Lots of people went to collect their BR1M and discovered that someone "already collected on their behalf".
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I second this, anything could happen in bolehland. Br1m its more like robin hood effect. Government tax the rich and pass to the poor. If you doesn't have income in malaysia and in legal way, you can apply for it. Why not?

keeganz
post Jun 11 2014, 02:44 PM

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QUOTE(reeve-826 @ Jun 10 2014, 11:47 PM)
Anyone able to response about this  sad.gif
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Basically we doesn't know you referring to which industry or job. However some of us here did face then same as you before. As Alaskannunny said peserverance is the key.

However, try to think why they didnt contact you? Do your resume has some problem?

Do you apply to the correct job, based on your qualification?

Or do you request for a high starting pay if compare to the market rate?

There must be some reason which you could change. Instead of keep sending the resume blindly.

Ponder bout it. IMHO
keeganz
post Jun 13 2014, 09:23 PM

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QUOTE(studyboy @ Jun 13 2014, 07:38 PM)
Thanks for your suggestions!  biggrin.gif It is not so much about the money really but rather the guarantee that I won't default on my bond.
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Although I'm willing to help you but I doesn't earn that much as stated by living in a box. However if you seriously need help, maybe you could find Fiona chin.

She's the dai ka jie here

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