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 MALAYSIAN BANK RATE COMPARISON !, SALARY, BENEFIT, COMPENSATION.

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TSLG Human Resource
post Apr 19 2008, 12:28 PM, updated 18y ago

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FOR FRESH GRADUATE



MAYBANK @ 1/2 year probation period
Salary started@ RM 1800-2000
BONUS @ 2-4 months ( last year low position e.g clerk no bonus paid !!! )
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 8%



AMBANK
Salary started@ RM 1800 (Firm) @ 1 year probation period
BONUS @ 2 months (maximum)
Allowance 70 cent per kilometre
Commission: Average Low
Yearly salary increment rate: 5%




Alliance Back @ 1/2 year probation period
Salary started@ RM 1850-2000
BONUS @ 2-4 months (Sales Staff no Bonus because the commision paid is good !!!)
Allowance 80 cent per kilometre (No commission claim for sales staff)
Commission: Very High
Yearly salary increment rate: 8%



CIMB Bank @ 1/4 year probation period
salary started @ RM1800-1900
BONUS @ 2-4 months or higher
Allowance 80 cent per kilometre
Commission: Average higher
Yearly salary increment rate: 10%



Hong Leong Bank @ 1/2 year probation period
salary started @ RM1800
BONUS @ 3-4 months or higher
Allowance 70 cent per kilometre (got sales target only can claim)
Commission: Average higher
Yearly salary increment rate: 9%



RHB Bank @ 1/2 year probation period
Salary started@ RM 1800-2200
BONUS @ 2-4 months or higher
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 8%




Public Bank @ 1/2 year probation period
Salary started@ RM 2600-2800
BONUS @ 2-4 months or higher
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 8%




EON BANK @ 1/2 year probation period
Salary started@ RM 2500-2800
BONUS @ 2-4 months or higher
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 7%




HSBC Bank @ 1/2 year probation period
Salary started@ RM 2200-2500
BONUS @ 4-6 months or higher
Allowance 70 cent per kilometre
Commission: Low or no commission
Yearly salary increment rate: 11%





UOB Bank @ 1/2 year probation period
Salary started@ RM2600-2800
BONUS @ 2-3 months or higher
Allowance 70 cent per kilometre
Commission: Average middle
Yearly salary increment rate: 9%
(UOB Management suck and political fighting issues heavy in this bank !!!)




OCBC Bank @ 1/2 year probation period
Salary started@ RM1900-2200
BONUS @ 2-3 months or higher (No bonus for lower level staff)
Allowance 80 cent per kilometre
Commission: Average good
Yearly salary increment rate: 10%




Standard Charthered Bank @ 1/2 year probation period
Salary started@ RM1500-2000
BONUS @ 2 months or higher
Allowance 70 cent per kilometre
Commission: Average good
Yearly salary increment rate: 10%


This post has been edited by LG Human Resource: Apr 19 2008, 12:31 PM
bennyhwl
post Apr 19 2008, 12:31 PM

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huh? my fren last year joined maybank when fresh graduate, starting pay is 2600++ ler. -.- Are you wrong? i think should be difference depends on position
b00n
post Apr 19 2008, 12:32 PM

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You never specified what positions and department are those targeted at.
There can never be general as I personally knew what was listed regarding SCB is not accurate whereby I worked there before in year 2004.

This post has been edited by b00n: Apr 19 2008, 12:32 PM
Chester
post Apr 19 2008, 12:57 PM

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Yup it is not accurate if its for IT tongue.gif Very wrong..
jcvstlys
post Apr 19 2008, 02:09 PM

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Based on the rate, CIMB seem to be the best,
princessgalaria
post Apr 19 2008, 02:28 PM

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CIMB the best? of course not, in the market best now should be PBB ..
Petrol claim is 80cents not 70 for PBB
Medical for staffs is unlimited, just go to any panel no need to pay a cent
benefits in PBB alot more, too lazy to list all out

the starting salary is by grade, applies to every bank, whether you're a SPM/diploma/degree/MBA holder

Higher grade higher pay, diploma holder only RM2100-2200 starting

the list above is not complete ...

but one thing .. not many ppl can stand the environment of banking industry even though the benefits is good, in branch mostly everyday you're doing routine work, also a promotion in banking industry will be slower compare to other industry, normally ppl aged 45-50++ only they can make it to branch managerial level ... there are pros n cons

This post has been edited by princessgalaria: Apr 20 2008, 03:26 PM
andybravo
post Apr 19 2008, 03:27 PM

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QUOTE(princessgalaria @ Apr 19 2008, 04:28 PM)
CIMB the best? of course not, in the market best now should be PBB ..
Petrol claim is 80cents not 70 for PBB
Medical for staffs is unlimited, just go to any panel no need to pay a cent
benefits in PBB alot more, too lazy to list all out

the starting salary is by grade, applies to every bank, whether you're a SPM/diploma/degree/MBA holder

Higher grade higher pay, diploma holder only RM2100-2200 starting

the list above is not complete ...

but one thing .. not many ppl can stand the environment of banking industry even though the benefits is good, in branch mostly everyday you're doing routine work, also a promotion in banking industry will be slower compare to other industry, normally ppl aged 45-50++ only they can make it to managerial level ... there are pros n cons
*
However....PBB hardly provide training to its new employees (for sales fresh grad position)...coz everyone is busy with their own work and in chase to fulfill their RM1 million target per month.
princessgalaria
post Apr 19 2008, 09:57 PM

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QUOTE(andybravo @ Apr 19 2008, 03:27 PM)
However....PBB hardly provide training to its new employees (for sales fresh grad position)...coz everyone is busy with their own work and in chase to fulfill their RM1 million target per month.
*
Uhh? Not true ... who told you about this?
As I know the last batch of loan sales people just finish their training one week ago, and I just finish my training for the insurance, they just had their training since monday until today

the following week there are other training as well, for how to achieve target kinda stuffs...

also it's a MUST for all the employees to attend training at least once a year no matter what position you're in
SUSkevin23
post Apr 19 2008, 11:48 PM

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QUOTE(andybravo @ Apr 19 2008, 03:27 PM)
However....PBB hardly provide training to its new employees (for sales fresh grad position)...coz everyone is busy with their own work and in chase to fulfill their RM1 million target per month.
*
FYI,PBB has a TRAINING CENTRE in BANGI dedicated just for training staff.
kb2005
post Apr 20 2008, 12:13 AM

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QUOTE(bennyhwl @ Apr 19 2008, 12:31 PM)
huh? my fren last year joined maybank when fresh graduate, starting pay is 2600++ ler. -.- Are you wrong? i think should be difference depends on position
*
2.6k is quite high especially in banking industry. What is your friend position ?
arthurlwf
post Apr 20 2008, 02:00 AM

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If the information is true, then the top company thats good to work is:
1) Public Bank, EON Bank (Because starting salary is high)
2) HSBC (Starting salary is average but above average in terms of increment)
3) OCBC (Starting salary is average but above average in terms of increment)

The bottom company listed would be:
1) Standard Chartered Bank (Lowest starting salary, even the above average increment would require few years to catch up with other bank)
2) Ambank (Lowest starting salary and lowest increment)
3) Hong Leong Bank, Maybank, Alliance Bank (Low starting salary with low yearly increment)

Note
1) RHB - Bank with average package & benefit
2) UOB is suppose to be in section top listing. If you enjoy being a taichi master, then this would be a very good environment for you. Otherwise, no point putting effort in political company.

I wonder what is Citibank's package and benefit

This post has been edited by arthurlwf: Apr 20 2008, 10:00 AM
robertngo
post Apr 20 2008, 06:06 AM

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QUOTE(arthurlwf @ Apr 20 2008, 02:00 AM)
2) UOB is suppose to be in this section. If you enjoy being a taichi master, then this would be a very good environment for you. Otherwise, no point
practice tachi everyday is good for your health tongue.gif laugh.gif

how about the salary in IT department of foreign bank? for experienced staff.

This post has been edited by robertngo: Apr 20 2008, 06:06 AM
arren86
post Apr 20 2008, 06:25 AM

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How true is this rating?

And why there is no Citibank.
navilink
post Apr 20 2008, 09:14 AM

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the starting salary is for diploma or degree holder?
for cimb bank...should be 1/2 year probation not 1/4...
yen1022
post Apr 20 2008, 09:41 AM

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1 wondering how come they offer high basic for sales position?
deodorant
post Apr 20 2008, 01:34 PM

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QUOTE(princessgalaria @ Apr 19 2008, 02:28 PM)
normally ppl aged 45-50++ only they can make it to managerial level
*
rofl this is so untrue.

my department has 3 managers aged 30-ish. The previous department head was 28. Her boss was 32. So what is this 45-50+ you are talking about?
Chester
post Apr 20 2008, 01:59 PM

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QUOTE(navilink @ Apr 20 2008, 09:14 AM)
the starting salary is for diploma or degree holder?
for cimb bank...should be 1/2 year probation not 1/4...
*
and bonus shud be from 0 to 7 months.. whistling.gif
princessgalaria
post Apr 20 2008, 03:30 PM

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QUOTE(deodorant @ Apr 20 2008, 01:34 PM)
rofl this is so untrue.

my department has 3 managers aged 30-ish. The previous department head was 28. Her boss was 32. So what is this 45-50+ you are talking about?
*
I'm saying Branch Manager or some higher managerial level not some department manager, that one senior level 3years who also can make it there already la if ur stupid of course you can't .. well bank always call heads as Manager even your just head of a 3 person loan Dept in a branch
You might know alot, but I'm just saying based on what I've seen so far, you can just say ur department is a different situation, don't need to simply flame ppl as if you're very smart


slynn
post Apr 20 2008, 04:02 PM

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currently I am applying for few bank. a very tough interview and assessment. mostly for management trainee post. for wat I knoe tis is wat they offered:-

UOB management associates RM 3500
Alliance Young Exec Programme RM 2300 (upon confirmation, rm 2500 - after 6 mnth)
Standard Chartered: International Graduate Program RM 2800

N tis r wat i get fr some of the ppls i meet during assessment/interview:-

Citibank RM 2600
Standard Chartered: International Graduate Program (for oversea graduate) RM 3100
Maybank RM 2600
CIMB RM 2300 (but need to sign 2 yr contract)

*Most of the above positions are for management trainee post.

anyone from scope international? I heard d working environment there not so good. need to work till very late n a lot of political issues there? any advice?
deodorant
post Apr 20 2008, 04:42 PM

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QUOTE(princessgalaria @ Apr 20 2008, 03:30 PM)
I'm saying Branch Manager or some higher managerial level not some department manager,
*
Hmm, didn't mean to flame.

Branch Manager actually is not that high up also in the banking hierarchy btw. For example, my department has 40-ish people, and the previous head was 28. Her boss (the 32 year old one), was banded (i.e. high rank enough for profit sharing), which is a lot higher than any branch manager.

Maybe it's different in commercial banking, I have no experience there, but from wholesale banking sales and operations, I see a lot of young (late 20's - late 30's) people in very high up positions earning a ton of money. From what I see generally, 30-ish is the average entrance into lower/middle management. I will agree with you that 40++ will probably be the minimum for upper management but really isn't this the same as every other organization? Unless you start your own business, I can't imagine any big company that will promote you to their board before 40 either, no matter how good you are.

(unless you are the son/daughter of the CEO/Chairman, that one doesn't count la)


Added on April 20, 2008, 4:45 pm[edit]@ slynn >> Intl Graduate program if you can get in is awesome. 2 years, you report more or less directly to the SCB group CIO (who can obviously pull a lot of strings for you), and you get to go all over. My IG friend spends as much time in India, China and Singapore as he does in Malaysia.

This post has been edited by deodorant: Apr 20 2008, 04:45 PM
princessmei
post Apr 20 2008, 08:19 PM

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probation for fresh grad with ambank is 6 mths.. and bonus should be 2-4 months (depends). 2 months bonus is for clerks... it is contractual bonus. for exec is definitely more.

one more thing.. i'm not sure where you got the annual increment figure from.. it's around 7% to be exact.

This post has been edited by princessmei: Apr 20 2008, 08:26 PM
Chester
post Apr 20 2008, 08:22 PM

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And HLBB annual increment is 4%
violin_player84
post Apr 20 2008, 11:09 PM

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i heard standard charted 14 months pay
terryykf
post Apr 20 2008, 11:34 PM

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QUOTE(bennyhwl @ Apr 19 2008, 12:31 PM)
huh? my fren last year joined maybank when fresh graduate, starting pay is 2600++ ler. -.- Are you wrong? i think should be difference depends on position
*
wow....so high oh...with higher education of coz higher pay lar...

QUOTE(yen1022 @ Apr 20 2008, 09:41 AM)
1 wondering how come they offer high basic for sales position?
*
Sales ppls brings profits to the Bank ma,thats why Bank offers them high salary...
now Banking industries looks very seriously in sales...
without sales how are they going to make money??
yen1022
post Apr 21 2008, 08:16 PM

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QUOTE(terryykf @ Apr 20 2008, 11:34 PM)
wow....so high oh...with higher education of coz higher pay lar...
Sales ppls brings profits to the Bank ma,thats why Bank offers them high salary...
now Banking industries looks very seriously in sales...
without sales how are they going to make money??
*
becos some other company (not bank) they offer low bassic as commission high. its a diff scenario in banking.
danielwan
post Apr 22 2008, 09:21 AM

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How about some of those middle east bank? Ive heard the mostly their full package is good!
4 z a
post Apr 22 2008, 10:11 PM

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UOB where got 2 months bonus!!!!!

I am 101% SURE their two months bonus already included in your basic salary...
UOB normally bluff ppl with high salary and never tell ppl they the bonus already included in the basic salary...

Beware of this malay HR lady (Nur Eliza) from UOB, she never explain properly during interview... especially about bank's benefits part.

And alot AVP there don't have real talents one... only know to "POLISH SHOES"

Real story!!!! I was in UOB as fresh graduate smile.gif

Luckily I left after few months thank god I got another bank's offer.

UOB NEVER appreciate staff one...

AND PLS CORRECT ME IF I AM WRONG smile.gif
Chester
post Apr 22 2008, 10:28 PM

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4 z a, i always hear UOB got a higher basic? UOB no bonus? Which bank are you in now tongue.gif
kb2005
post Apr 22 2008, 10:35 PM

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QUOTE(violin_player84 @ Apr 20 2008, 11:09 PM)
i heard standard charted 14 months pay
*
Really ? shocking.gif
slynn
post Apr 22 2008, 10:45 PM

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QUOTE(deodorant @ Apr 20 2008, 03:42 PM)


Added on April 20, 2008, 4:45 pm[edit]@ slynn >> Intl Graduate program if you can get in is awesome. 2 years, you report more or less directly to the SCB group CIO (who can obviously pull a lot of strings for you), and you get to go all over. My IG friend spends as much time in India, China and Singapore as he does in Malaysia.
*
deodorant,

You sure or not? ur fren oversea graduate or local Uni graduate? I heard tat only oversea graduate will have the chance to go oversea. If local graduate, dun have the chance at all. Tis is wat i heard. a bit confuse.@_@

Act i went to alliance, standard chartered and UOB for management trainee post n i've pass mostly all the assessment. they like finding CEO. a lot of assessment. however, I would say very interesting and challenging. waiting for the end result. dunno which 1 to choose @_@ .....blur......


deodorant
post Apr 22 2008, 10:59 PM

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QUOTE(slynn)
I heard tat only oversea graduate will have the chance to go oversea. If local graduate, dun have the chance at all. Tis is wat i heard. a bit confuse.@_@
100% false. Once you get accepted as an International Graduate (IG), you are on par with all other IGs regardless of where you graduated from. It's not an easy program to get into, though.

Having said that my friend graduated from Australia yawn.gif ...
4 z a
post Apr 23 2008, 07:16 AM

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QUOTE(Chester @ Apr 22 2008, 10:28 PM)
4 z a, i always hear UOB got a higher basic? UOB no bonus?  Which bank are you in now tongue.gif
*
The basic salary sounds higher... RM2600 << RM2200 + RM400 (Contractual bonus divided and added in your basic salary).

So you will be only entitled one bonus which is perfomance bonus.


Added on April 23, 2008, 7:17 am
QUOTE(kb2005 @ Apr 22 2008, 10:35 PM)
Really ?  shocking.gif
*
14 months pay?

This is wrong. Standard Chartered officer level staff have 30 annual days leave which is the highest among the banks.

This post has been edited by 4 z a: Apr 23 2008, 07:17 AM
b00n
post Apr 23 2008, 09:35 AM

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btw, a lot of the banks are working towards 14 months pro-rated pay into a 12 month pay scheme.
Maybank did that thus you see a lot of protest and signs on "Bank robs our bonus" during last year.
But did the bank did anything wrong?!...

Yes, SCB currently has the highest annual leave compensation which is 30 days.
HSBC however has 7 days or 5 days paternity leave can't remember so well. Anyone working for HSBC?....can verify whether the old MOU of RM1,400 is still around?!
slynn
post Apr 24 2008, 12:09 AM

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need some advice here, i have gone through few assessment for management trainee post. a lot of stages but i've passed most of the stages they required. up to now, i've finished the interview at:

Alliance Bank and they have give me an offer: RM 2300 (Upon confirmation, RM 2500). 24 day Annual leave. RM 400 for dental. staff loan rate and etc.

UOB- however, still have one round to go. They offer RM 3500

Standard Chartered - they ask me to wait for 1 to 2 week(s) for their decision. They offer RM 3000.

which one to go? alliance need me to reply them asap eh......how ah? shld i accept it? or wait for others???? can any ppl give me some advice? alliance say they willing to pay of my 3 mnths notice period fr my company. will they ask me to sign any contract??? any alliance ppl out there?

I was wondering whether UOB and Stand Chart will need their employee to sign contract or not.


gary_cheah85
post Apr 24 2008, 12:50 AM

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QUOTE(4 z a @ Apr 23 2008, 07:16 AM)
The basic salary sounds higher... RM2600 << RM2200 + RM400 (Contractual bonus divided and added in your basic salary).

So you will be only entitled one bonus which is perfomance bonus.


Added on April 23, 2008, 7:17 am

14 months pay?

This is wrong. Standard Chartered officer level staff have 30 annual days leave which is the highest among the banks.
*
HSBC IT officer has 30 days annual leave as well biggrin.gif
and sick leave not exceeding 30 days
basic salary RM2800 with bond 2 years


Added on April 24, 2008, 12:55 am
QUOTE(b00n @ Apr 23 2008, 09:35 AM)
btw, a lot of the banks are working towards 14 months pro-rated pay into a 12 month pay scheme.
Maybank did that thus you see a lot of protest and signs on "Bank robs our bonus" during last year.
But did the bank did anything wrong?!...

Yes, SCB currently has the highest annual leave compensation which is 30 days.
HSBC however has 7 days or 5 days paternity leave can't remember so well. Anyone working for HSBC?....can verify whether the old MOU of RM1,400 is still around?!
*
MOU? u mean lifestyle allowance? I think it should be RM1200 depending on which level.
Higher level officer will definitely have higher allowance.

BTW, TS should categorize the salary and benefit according to job title/scope coz its not fair for ppl in management to be compared with those from IT

This post has been edited by gary_cheah85: Apr 24 2008, 12:57 AM
cutegurl
post Apr 24 2008, 11:38 AM

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yeah, is the salary for fresh in IT department is the same as per discussed?
emino
post Apr 24 2008, 12:05 PM

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TS, you can add this to your collection:

AGROBANK (formerly known as Bank Pertanian Malaysia)
IT Position for Fresh Diploma Graduates (Executive II)
Starting salary - RM2k + 300 living allowances
Benefits - medical, dental, a few more and some really low interest staff loan (we're talking about 2.5-3% for car and house loan).
6 months probation.

This post has been edited by emino: Apr 24 2008, 12:06 PM
hmspower
post May 4 2008, 07:00 AM

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if someone (fresh grad especially) wants some info on RHB Bank, well here it is..

IT Position for fresh grad - contract for 1 year (convert to permanent based on ur performance, n ur boss also yawn.gif )
Salary - RM2k sweat.gif
mileage claim - 55sen per km cry.gif
medical - pay first at clinic panel, then claim back shakehead.gif
no OT claim, eventho u got involved in important things such as DR exercise n others doh.gif
once converted to permanent, increment is just RM10 (heard this from my senior.. hope its not true) icon_question.gif

conclusion: u r working as if u r the permanent staff with lesser benefits than them..


just saw an ad about public bank yesterday, their statement "..Fresh graduate will be paid basic salary of not less than RM2800 per month" really catch my interest.. hmm.. any advice brows.gif
premier123
post May 4 2008, 09:45 AM

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Good or bad really depends on which department you go to. It depends on who you work under or work with. Banks are large corporates and large corporates are bound to have politics due to the hierarchical structure of the organization. Some worse than others...

Generally, bank's increments are low and quite fixed. Even if you are a top notch employee, there's only this much % your increment can be. With this in mind, try to negotiate a higher pay when you join. Trust me. I'm speaking from experience. Of course, this is not applicable to those trainee programs because the salaries are fixed.

grotesk
post May 4 2008, 11:08 AM

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For PBB, issit possible to become managerial at the age of 27? Not internally promoted, but hired from outside.

Also I got question on the benefits. Are all bank giving 16% for EPF, 24 days annual leave, and have loan subsidies?

Please advice. notworthy.gif
bryan829
post May 4 2008, 11:21 AM

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Currently working in PBB, I wonder I am in the right department after 6 months as my position need to work shift. I am totally agree with some of the forum friends saying that bank work is kind of routine work. Although bank offered an attractive or numerous package of benefits but in the end of the day you will end your career there as you can't find any job that suit you after joining bank. Even if you managed to get a better offer but you will find that benefits are still better in bank and you decide to stay on.

As for me, I can't stand with daily routine work and decide to quit PBB as soon as possible. My opinion is that, if you are looking for more money in your early stage of your career then go for bank, if you are looking to get more experience at your early state, PLEASE don't choose bank! You will regret once you notice that promotion and increment in bank are not as easy as you thought. One of my senior spent his life working there for 20+ years and recently just got promotion to become assistant manager post only.

Remember also that bank career only started when you are a manager there as you will enjoy it, but not for officer level! You will be squeez until no spiritual as you need to standby on call 24x7 (for IT position) as bank daily operations is more important than your family matters!!!

If you doubt with my words here, you may ask your friend that is currently working in bank (especially PBB). Prove me I am wrong...

Just my 2 cents worth for freshies...

This post has been edited by bryan829: May 4 2008, 11:26 AM
grotesk
post May 4 2008, 11:39 AM

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QUOTE(bryan829 @ May 4 2008, 11:21 AM)
Currently working in PBB, I wonder I am in the right department after 6 months as my position need to work shift. I am totally agree with some of the forum friends saying that bank work is kind of routine work. Although bank offered an attractive or numerous package of benefits but in the end of the day you will end your career there as you can't find any job that suit you after joining bank. Even if you managed to get a better offer but you will find that benefits are still better in bank and you decide to stay on.

As for me, I can't stand with daily routine work and decide to quit PBB as soon as possible. My opinion is that, if you are looking for more money in your early stage of your career then go for bank, if you are looking to get more experience at your early state, PLEASE don't choose bank! You will regret once you notice that promotion and increment in bank are not as easy as you thought. One of my senior spent his life working there for 20+ years and recently just got promotion to become assistant manager post only.

Remember also that bank career only started when you are a manager there as you will enjoy it, but not for officer level! You will be squeez until no spiritual as you need to standby on call 24x7 (for IT position) as bank daily operations is more important than your family matters!!!

If you doubt with my words here, you may ask your friend that is currently working in bank (especially PBB). Prove me I am wrong...

Just my 2 cents worth for freshies...
*
Hey Bryan,

Thanks for the input. Yah I do agree that bank can provide very good benefits that are too good to let go.
Have you ever think of applying for other department? Since you cannot stand with the 24x7 stand by mode.

Currently there are some opening from PBB main branch which I am pretty interested in. May I know for the management in PBB, are they all Chinese ppl? How do you find the way they manage your team? Issit very conservative?
Chester
post May 4 2008, 11:55 AM

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Not all banks are giving 16%
bryan829
post May 4 2008, 11:57 AM

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QUOTE(grotesk @ May 4 2008, 11:39 AM)
Hey Bryan,

Thanks for the input. Yah I do agree that bank can provide very good benefits that are too good to let go.
Have you ever think of applying for other department? Since you cannot stand with the 24x7 stand by mode.

Currently there are some opening from PBB main branch which I am pretty interested in. May I know for the management in PBB, are they all Chinese ppl? How do you find the way they manage your team? Issit very conservative?
*
I have tried to ask for transfer but you will hardly get the chances as there are only 3 ways:-

1) Health problem (which need doctor letter of approval)
2) Disciplinary act like fight with your colleague or arguement with your department head)
3) Higher level of education achievement (Degree -> Master)

PBB main branch? Do you mean Menara PBB near KLCC? Most of the managerial posts are occupied by chinese(especially in ITD). I just can say that every teams are doing only their own parts, and when problem occured, they attempt to be escape from trouble by covering their "backside" and pushing the problem around like a "ball". In terms of conservative, I think yes...else why do you think they still manage their own IT but not outsource to other company like what other banks did? hmm.gif
amir77
post May 4 2008, 01:36 PM

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for HSBC MDP programme

you will get 4k++ (almost 5k) plus guaranteed increment on ur salary after you completed 30 months training. ( u will start as a resident manager [RM] after training)..

http://www.hsbc.com.my/1/2/careers/graduate-opportunities

rclxms.gif
princessgalaria
post May 4 2008, 03:16 PM

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QUOTE(bryan829 @ May 4 2008, 11:21 AM)
Currently working in PBB, I wonder I am in the right department after 6 months as my position need to work shift. I am totally agree with some of the forum friends saying that bank work is kind of routine work. Although bank offered an attractive or numerous package of benefits but in the end of the day you will end your career there as you can't find any job that suit you after joining bank. Even if you managed to get a better offer but you will find that benefits are still better in bank and you decide to stay on.

As for me, I can't stand with daily routine work and decide to quit PBB as soon as possible. My opinion is that, if you are looking for more money in your early stage of your career then go for bank, if you are looking to get more experience at your early state, PLEASE don't choose bank! You will regret once you notice that promotion and increment in bank are not as easy as you thought. One of my senior spent his life working there for 20+ years and recently just got promotion to become assistant manager post only.

Remember also that bank career only started when you are a manager there as you will enjoy it, but not for officer level! You will be squeez until no spiritual as you need to standby on call 24x7 (for IT position) as bank daily operations is more important than your family matters!!!

If you doubt with my words here, you may ask your friend that is currently working in bank (especially PBB). Prove me I am wrong...

Just my 2 cents worth for freshies...
*
Bryan ..
Finally at last there's someone that feels like the situation I'm in now ..
Me here same as you wanting to quit PBB as well, I totally agree with what you said on the earlier stage, wanting to earn more money but slow increments and lack of career advancement. The main point I want to leave is because I don't see any advancement and the scope is only limited .. I've now realise that starting money is not that important if compare to learning experience which will eventually pay you more later. Also routine jobs and boring life where everyday is practically repeating itself .. If you're one who can tahan all this, you're welcome to join the banking industry.

Bank might have the highest salary for starting but increment and promotion may be slow, or they might have the best benefits among all the industry. But somehow I feel that passion for work is important or else you won't be motivated to work even how well they pay. I guess me and Bryan are the same type of ppl ..

Seriously this is really a good advice for freshies, only those who had experience before really know how it feels to be inside, before you join please do consider .. or else you'll regret like the situation I'm in now.

bryan829
post May 4 2008, 06:03 PM

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QUOTE(princessgalaria @ May 4 2008, 03:16 PM)
Bryan ..
Finally at last there's someone that feels like the situation I'm in now ..
Me here same as you wanting to quit PBB as well, I totally agree with what you said on the earlier stage, wanting to earn more money but slow increments and lack of career advancement. The main point I want to leave is because I don't see any advancement and the scope is only limited .. I've now realise that starting money is not that important if compare to learning experience which will eventually pay you more later. Also routine jobs and boring life where everyday is practically repeating itself .. If you're one who can tahan all this, you're welcome to join the banking industry.

Bank might have the highest salary for starting but increment and promotion may be slow, or they might have the best benefits among all the industry. But somehow I feel that passion for work is important or else you won't be motivated to work even how well they pay. I guess me and Bryan are the same type of ppl ..

Seriously this is really a good advice for freshies, only those who had experience before really know how it feels to be inside, before you join please do consider .. or else you'll regret like the situation I'm in now.
*
Yeah, princess...at last i found somebody who understand my situation, someone who really really feel the same as me. PASSION is the right words to describe what I really hope for. What you written here really my words from heart.

Freshies, think hard before you make decision to join banking industry. This is my advise as one day you will fall into situation like us.

lwb
post May 4 2008, 07:07 PM

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yes, everybody started out as a freshie somewhere..
it's easy to dump the bucket of blame and having scorn on the higher ups(managerial levels)..

if you allow me to perhaps offer you a fore-sight.. the higher one gets paid, the tighter the squeeze will come albeit on a different place.

you may feel squeezed on the balls for all your hardwork.. but try to think this way, the higher up you go, the squeeze is on the head.

can you handle those kind of pressure? (usually this pressure is not seen by the working level, it's behind closed doors) and of course, the general lamenting is "the pasture is always greener on the other side"

raZorblAde
post May 4 2008, 08:20 PM

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someone mentioned that there is a repetition on d the work...

but however, i would like to know what sort of repetition of work? and how is it different from other fields of work...thanx...


vivienne85
post May 4 2008, 09:21 PM

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QUOTE(amir77 @ May 4 2008, 01:36 PM)
for HSBC MDP programme

you will get 4k++ (almost 5k) plus guaranteed increment on ur salary after you completed 30 months training. ( u will start as a resident manager [RM] after training)..

http://www.hsbc.com.my/1/2/careers/graduate-opportunities

rclxms.gif
*
sounds nice
checked out the link..but how to apply for that programme?

This post has been edited by vivienne85: May 4 2008, 09:26 PM
amir77
post May 4 2008, 09:50 PM

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QUOTE(vivienne85 @ May 4 2008, 09:21 PM)
sounds nice
checked out the link..but how to apply for that programme?
*
from link stated...choose which business stream that you think that suits you...n then there will be a button to apply for the programme..
u will need to go thru a few stages of test ( normal psychometric test) n interviews before they can offer u a place for RM training..
smile.gif



edit:
Given the Bank’s adoption of Market-Related Pay wef 01APR2005, all RM’s monthly salary of RM 4,920 and below will be under a ‘protected’ salary range, i.e. minimum guaranteed 10% annual salary increment of the bonus pool, the amount of which as determined based on the annual appraisal rating. Once the RM’s salary exceeds RM 4,920, it will then be pitched against the market accordingly.

frm banking services operations n support team mdp

http://www.hsbc.com.my/1/2/careers/graduat...-support-stream
sweat.gif

This post has been edited by amir77: May 4 2008, 09:54 PM
Chester
post May 4 2008, 11:04 PM

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Actually, repetition varies from department to department. Im passionate of whatever im doing in the bank and honestly i see a vast oppurtunities there. Works are challenging at times and loads of projects that never seems to end.
Darkmage12
post May 4 2008, 11:28 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(grotesk @ May 4 2008, 11:08 AM)
For PBB, issit possible to become managerial at the age of 27? Not internally promoted, but hired from outside.

Also I got question on the benefits. Are all bank giving 16% for EPF, 24 days annual leave, and have loan subsidies?

Please advice. notworthy.gif
*
what loan subsidies? they offer loan at 2% interest rates
princessgalaria
post May 4 2008, 11:37 PM

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No PBB only give 12% for EPF

I guess different people have different type of personality, everyone have their preference towards different kind of job. Some can stand banking and some cannot .. some would rather choose the passion in work, compare to money which comes later.

I guess I've finally realise after all, I'm a person that would choose the passion in work compare to money. I really see money as an important factor in the beginning and now no more. I want an industry where I can see myself grown within, an industry where I can learn the things I like or the industry where I think I'm good in. I think this is what the freshies should consider before joining, really go through and think what is that you want for future.

Many people are loyal to a company is because of the enthusiasm they have in work. I guess, everyone have different opinions and likings. That's why we have so many industry in the working world now =)
Darkmage12
post May 5 2008, 12:00 AM

shhhhhhhhh come i tell you something hehe
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princessgalaria may i know how much does a PBB branch manager draws on the average?
princessgalaria
post May 5 2008, 12:25 AM

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I not too sure ... RM60-75k annually? Someone correct me if I'm wrong ..
PB has a grade over all the officer, namely A1,A2,A3 and so on ..
Banking Manager said he worked for 35years until he got to this position O.O
lwb
post May 5 2008, 12:27 AM

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hi darkmage12,

perhaps it is also known as subsidized loan. well, it's just an arbitrary way of referring to it.

QUOTE(Darkmage12 @ May 4 2008, 11:28 PM)
what loan subsidies? they offer loan at 2% interest rates
*
vivienne85
post May 5 2008, 08:11 AM

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QUOTE(amir77 @ May 4 2008, 09:50 PM)
from link stated...choose which business stream that you think that suits you...n then there will be a button to apply for the programme..
u will need to go thru a few stages of test ( normal psychometric test) n interviews before they can offer u a place for RM training..
smile.gif
edit:
Given the Bank’s adoption of Market-Related Pay wef 01APR2005, all RM’s monthly salary of RM 4,920 and below will be under a ‘protected’ salary range, i.e. minimum guaranteed 10% annual salary increment of the bonus pool, the amount of which as determined based on the annual appraisal rating. Once the RM’s salary exceeds RM 4,920, it will then be pitched against the market accordingly.

frm banking services operations n support team mdp

http://www.hsbc.com.my/1/2/careers/graduat...-support-stream
sweat.gif
*
how come i didnt see any button to apply for that programme?! cry.gif
need some help...LOL
grotesk
post May 5 2008, 09:19 AM

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QUOTE(bryan829 @ May 4 2008, 06:03 PM)
Yeah, princess...at last i found somebody who understand my situation, someone who really really feel the same as me. PASSION is the right words to describe what I really hope for. What you written here really my words from heart.

Freshies, think hard before you make decision to join banking industry. This is my advise as one day you will fall into situation like us.
*
Geezzz, I'm thinking of switching company as current one has lost it challenges, and kinda boring..
So I think I should have to reconsider huh? Jump from company A (lack of career advancement) to company B (lack to career advancement and routine job TOO).. yawn.gif

Regarding the subsidized housing loan, 2% is it meaning that employee have to pay only 2%, and the company will bear the rest? If this is true, then this will be a very very attractive selling point.. Cause I know MBB is giving out 3.5%, tenure at least 1 year.
*devilelle*
post May 5 2008, 10:00 AM

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QUOTE(andybravo @ Apr 19 2008, 03:27 PM)
However....PBB hardly provide training to its new employees (for sales fresh grad position)...coz everyone is busy with their own work and in chase to fulfill their RM1 million target per month.
*
i've my training even before my confirmation letter being issue to me... i think its the best among the rate especially in bonus coz once the brance performance is high, your bonus sure very high one..... plus if your branch won some sort of inter branch award, money reward will be given and divided among the staff.... this is another plus.....
Darkmage12
post May 6 2008, 11:29 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(princessgalaria @ May 5 2008, 12:25 AM)
I not too sure ... RM60-75k annually? Someone correct me if I'm wrong ..
PB has a grade over all the officer, namely A1,A2,A3 and so on ..
Banking Manager said he worked for 35years until he got to this position O.O
*
hmm then which grade are they in?
ammaraffandi
post May 7 2008, 11:39 AM

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can i know, if i work at maybank call center, can i get tat benefit?? ex: bonus 2-4 mth,staff loan and etc??

leng_leng
post Jun 27 2008, 11:42 PM

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Can I know bout how much employer's EPF is given for diff bank?
SUS2HK
post Jun 28 2008, 04:43 PM

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All banking has big time politics esp the front end side and guys beware , they talk equal opportunity for women - what this means in banking terms is that if you are a attractive woman and you shake your ass for the boss , you will get in , no matter how lousy your are .

I known female traders who make losses for bank and later get offer for US bank in HK - go figure.

NO body will tell you this except for me , this is insider stuff - why ? once you know , then you are more confident and confidence is important , they can't c**k tease you so easy.

Men take this knowledge as a weapon so you can be prepared for it.

Take it from a guy who's been there and done it.
jonrwg
post Jun 28 2008, 08:07 PM

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what position would i be in if i got a Master in Finance?
otyew
post Jun 28 2008, 11:19 PM

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education qualifications doesnt really matters but experience. i got some colleague with masters but they are still sales rep. but their manager is jus diploma or degree holders. nowadays, if u throw a stone, u can hit few degree holders, master is getting common now. but nowadays we got masters holder but no work experience....

so, experience matters most...........
jonrwg
post Jun 28 2008, 11:28 PM

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if master plus working experience?
clngu
post Jun 29 2008, 09:19 AM

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Master degree holder with less than 5 years working experience, normally won't able to sit at managerial position and above. furthermore, certain banks job leveling is broad ie. job grade 1-30++.
yeeshyan
post Jun 29 2008, 10:42 PM

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Do anyone know when did UOB pay the performance bonus?
nabelon
post Jun 30 2008, 06:06 PM

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guys, i got an offer from ambank as management trainee, assessment this this Wednesday..nervous, don't know how things would go.
keaizer
post Jun 30 2008, 06:13 PM

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bank islam dont have ka??
gunnerboy
post Jul 8 2008, 11:20 PM

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aik...maybank starting salary for a customer service representative is rm2967 (including allowance)..so i think ur "chart" is wrong..


stanley99
post Jul 11 2008, 12:27 AM

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I am degree holder and got an offered from Hong Leong Bank for the post of customer relationship executive call centre, salary RM2550 + RM400 performance allowance, should i take it ?

I want job prospect and more career advancement, which is more suitable to me ??

PLEASE HELP!
HBK-reloaded
post Jul 11 2008, 09:45 AM

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How bout KFH (KUWAIT FINANCE HOUSE) and AR Rajhi bank?
clngu
post Jul 11 2008, 10:09 AM

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QUOTE(stanley99 @ Jul 11 2008, 12:27 AM)
I am degree holder and got an offered from Hong Leong Bank for the post of customer relationship executive call centre, salary RM2550 + RM400 performance allowance, should i take it ?

I want job prospect and more career advancement, which is more suitable to me ??

PLEASE HELP!
*
are you fresh graduate ? take it if yes. for career advancement, call centre suit you best if you are passionate about the environment.
stanley99
post Jul 11 2008, 11:26 AM

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Yup, I am a fresh graduate, from Nottingham University, but unfortunately i got second-lower grade.

You mean call centre is good for career advancement, but why? how's the career ladder? i heard from my friend they all said very BORING one !!

Actually I am passionate to join management trainees, seems can learn a lot of things and good career ladder. BUT MOST BANK REQUIRE 2nd UPPER DEGREE !!! HUHUHU

WHAT SHOULD I DO ?? PLS HELP
shk312
post Jul 12 2008, 12:49 AM

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QUOTE(stanley99 @ Jul 11 2008, 11:26 AM)
Yup, I am a fresh graduate, from Nottingham University, but unfortunately i got second-lower grade.

You mean call centre is good for career advancement, but why? how's the career ladder? i heard from my friend they all said very BORING one !!

Actually I am passionate to join management trainees, seems can learn a lot of things and good career ladder. BUT MOST BANK REQUIRE 2nd UPPER DEGREE !!! HUHUHU

WHAT SHOULD I DO ?? PLS HELP
*
my comment is think carefully b4 u join in a call centre job, must gt prepare with various type of customer call sweat.gif

juz my opinion la...
mahsiuling
post Jul 12 2008, 01:44 AM

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QUOTE(arthurlwf @ Apr 20 2008, 02:00 AM)
If the information is true, then the top company thats good to work is:
1) Public Bank, EON Bank (Because starting salary is high)
2) HSBC (Starting salary is average but above average in terms of increment)
3) OCBC (Starting salary is average but above average in terms of increment)

The bottom company listed would be:
1) Standard Chartered Bank (Lowest starting salary, even the above average increment would require few years to catch up with other bank)
2) Ambank (Lowest starting salary and lowest increment)
3) Hong Leong Bank, Maybank, Alliance Bank (Low starting salary with low yearly increment)

Note
1) RHB - Bank with average package & benefit
2) UOB is suppose to be in section top listing. If you enjoy being a taichi master, then this would be a very good environment for you. Otherwise, no point putting effort in political company.

I wonder what is Citibank's  package and benefit
*
U have bad exp with UOB? lolz.....
Citibank Management trainee starts at 3K


Added on July 12, 2008, 1:47 am
QUOTE(shk312 @ Jul 12 2008, 12:49 AM)
my comment is think carefully b4 u join in a call centre job, must gt prepare with various type of customer call  sweat.gif

juz my opinion la...
*
i was from call center.
If u dont have other jobs better.u may go for bank's call center.
Bear in mind you be very stress out by difficult customers!
what boring u're talking? Its not plain taking calls lil ~boy try for yourself when u're being hammered by insane customers....

This post has been edited by mahsiuling: Jul 12 2008, 01:47 AM
lgs
post Jul 12 2008, 03:51 PM

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looks like salary has been just revise smile.gif , since from what I see here , CIMB & Hong Leong offer ard RM3k , and hrd tht RHB offering similiar one .
stanley99
post Jul 12 2008, 04:42 PM

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QUOTE(mahsiuling @ Jul 12 2008, 01:44 AM)
U have bad exp with UOB? lolz.....
Citibank Management trainee starts at 3K


Added on July 12, 2008, 1:47 am

i was from call center.
If u dont have other jobs better.u may go for bank's call center.
Bear in mind you be very stress out by difficult customers!
what boring u're talking? Its not plain taking calls lil ~boy try for yourself when u're being hammered by insane customers....
*
IC... Then If second-lower got chance to join management trainee or not ah ? most of them require second-upper leh..
mir_nofx
post Jul 13 2008, 02:58 PM

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hi,

anyone here knows about bank negara?
i was thinking of applying..but it would really help if someone could
explain briefly what dept are there and which is interesting and all
and probably about the perks and benefits as well..

thanx..would appreciate the info cz need to see if it suits what i want..

Spade
post Jul 13 2008, 05:25 PM

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QUOTE(princessgalaria @ Apr 19 2008, 02:28 PM)
CIMB the best? of course not, in the market best now should be PBB ..
Petrol claim is 80cents not 70 for PBB
Medical for staffs is unlimited, just go to any panel no need to pay a cent
benefits in PBB alot more, too lazy to list all out

the starting salary is by grade, applies to every bank, whether you're a SPM/diploma/degree/MBA holder

Higher grade higher pay, diploma holder only RM2100-2200 starting

the list above is not complete ...

but one thing .. not many ppl can stand the environment of banking industry even though the benefits is good, in branch mostly everyday you're doing routine work, also a promotion in banking industry will be slower compare to other industry, normally ppl aged 45-50++ only they can make it to branch managerial level ... there are pros n cons
*
A lot my foot! Yes you can go to prestigious private hospital. But they only cover you alone. They don't even cover your spouse and children. This happen to my bro-in-law. My sis have to use her own panel for her self and kids. PBB is sucks!!!

mahsiuling
post Jul 13 2008, 09:06 PM

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QUOTE(stanley99 @ Jul 12 2008, 04:42 PM)
IC... Then If second-lower got chance to join management trainee or not ah ? most of them require second-upper leh..
*
You're rite.
Some Management Trainee/Associate requires second upper.
Some aslo mention second lower +banking experience "may" be consider.


Added on July 13, 2008, 9:08 pm
QUOTE(leng_leng @ Jun 27 2008, 11:42 PM)
Can I know bout how much employer's EPF is given for diff bank?
*
Generally EPF would be:
local banks around 12%(plus minus 1%)
foreigh banks 16%(plus minus 1%)

This post has been edited by mahsiuling: Jul 13 2008, 09:08 PM
SUSkevin23
post Jul 13 2008, 10:58 PM

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QUOTE(Darkmage12 @ May 5 2008, 12:00 AM)
princessgalaria may i know how much does a PBB branch manager draws on the average?
*
BM earn around 12-20k / month depending on grade...

If Regional Manager can reach up to 30k..


Btw,PBB just changed their mileage claim,last time was RM0.80/km ...now is RM 1.10 /km..
jinyee80
post Jul 14 2008, 10:47 PM

Jinyee? Me lor =)
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QUOTE(yeeshyan @ Jun 29 2008, 10:42 PM)
Do anyone know when did UOB pay the performance bonus?
*
Every March.
razorzx66
post Jul 15 2008, 10:09 AM

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MMM i thought work in banking is sucks..but it got a very good pays..no offence...i always see cimb clerk wearing tag "bank rob our bonus"...its pity only them are not given the bonus...

but i remember for meeting with human resources manager (He want to recruit my Uni student which in finance and i help him) of Hong Leong (not sure banking or unit trust) he said their managerial level drive Ferrari to office..the highest bonus paid is 30month and an average is 18 month..i said wtf...watching the sky and wishing got banking background..


kanasai88
post Jul 15 2008, 08:47 PM

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QUOTE(razorzx66 @ Jul 15 2008, 10:09 AM)
MMM i thought work in banking is sucks..but it got a very good pays..no offence...i always see cimb clerk wearing tag "bank rob our bonus"...its pity only them are not given the bonus...

but i remember for meeting with human resources manager (He want to recruit my Uni student which in finance and i help him) of Hong Leong (not sure banking or unit trust) he said their managerial level drive Ferrari to office..the highest bonus paid is 30month and an average is 18 month..i said wtf...watching the sky and wishing got banking background..
*
Drive Ferrari ? that one you need to work like dog ler... no live one..
I believe he is talking about investment bank...


razorzx66
post Jul 16 2008, 12:25 PM

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no i don't think he work very hard...it just maybe he responsible for rm1 to 2 billion fixed deposit...but i don't know...maybe in unit trust..
shk312
post Jul 19 2008, 12:09 AM

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QUOTE(razorzx66 @ Jul 15 2008, 10:09 AM)
MMM i thought work in banking is sucks..but it got a very good pays..no offence...i always see cimb clerk wearing tag "bank rob our bonus"...its pity only them are not given the bonus...

but i remember for meeting with human resources manager (He want to recruit my Uni student which in finance and i help him) of Hong Leong (not sure banking or unit trust) he said their managerial level drive Ferrari to office..the highest bonus paid is 30month and an average is 18 month..i said wtf...watching the sky and wishing got banking background..
*
30mths bonus rclxub.gif , average 18 mths blink.gif

wah lau eh, some ppl even 1 mths oso hard 2 gt.....

it's de real world sweat.gif
keithcky
post Jul 19 2008, 09:47 AM

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QUOTE(kevin23 @ Jul 13 2008, 10:58 PM)
BM earn around 12-20k / month depending on grade...

If Regional Manager can reach up to 30k..
Btw,PBB just changed their mileage claim,last time was RM0.80/km ...now is RM 1.10 /km..
*
BM 12K? ARE YOU SURE?

ONE OF MY BUSINESS PARTNER HE HAS BEEN WORKING FOR PBB FOR PAST 15YRS, MORE THAN 5YRS AS BM

NOW HE CAME OUT TO DO SALES (MORTGAGE)
ernie_yong
post Jul 25 2008, 01:54 PM

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[COLOR=purple][cool.gif

so guys....how about working in RHB as the management associate? thy are offering 3k for fresh grad.provided you got through all the interview and asessments......
smallP
post Jul 25 2008, 02:14 PM

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QUOTE(ernie_yong @ Jul 25 2008, 01:54 PM)
[COLOR=purple]

so guys....how about working in RHB as the management associate? thy are offering 3k for fresh grad.provided you got through all the interview and asessments......
*
My fren in there..not bad for learning..or starting point in banking env


Added on July 25, 2008, 2:16 pm
QUOTE(Spade @ Jul 13 2008, 05:25 PM)
[cool.gifA lot my foot! Yes you can go to prestigious private hospital. But they only cover you alone. They don't even cover your spouse and children. This happen to my bro-in-law. My sis have to use her own panel for her self and kids. PBB is sucks!!!
*
u sure ar? coz my ex-colleague's wife medical also got covered when she was hospitalised in SJMC..

This post has been edited by smallP: Jul 25 2008, 02:16 PM
ernie_yong
post Jul 26 2008, 08:43 AM

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anyone know abt the RHB benefit or the working environment? interested with their offer but just wonder the place thier....can anyone tell abt the management associate program? rclxub.gif rclxub.gif OR even any contract like CIMB?

thaks.
gecodine
post Jan 7 2009, 12:19 AM

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QUOTE(ernie_yong @ Jul 26 2008, 08:43 AM)
anyone know abt the RHB benefit or the working environment? interested with their offer but just wonder the place thier....can anyone tell abt the management associate program? rclxub.gif  rclxub.gif OR even any contract like CIMB?

thaks.
*
yeah, i oso like to know bout RHB benfit and its working environment... For fresh grad executive and management associate?

This post has been edited by gecodine: Jan 7 2009, 12:21 AM
santaclaus
post Jan 7 2009, 10:45 AM

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this is wat i noe bout hong leong

i'd been thr as mortgage n my fren as pfc

salary damn low ... 1800 but now not sure but i think nothing changes
commission oso low
claim sucks
bonus = money they pay to beggars

the year i left a lot of sales get damn low bonus ... my fren achive annual branch target n his manager appraise very good ( bonus 0.75 month shakehead.gif )

the next year heard some frens told hong leong EARN LESS than previous year and bonus mostly 0 ( a few branch manager who work for more than 10yrs oso kena )

u can ask any1 from hong leong ... their annual staff turnover especially salesperson damn high coz everyone cant tahan hong leong kiam siap-ness.
SilverSpoon
post Jan 7 2009, 12:35 PM

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QUOTE(santaclaus @ Jan 7 2009, 10:45 AM)
this is wat i noe bout hong leong

i'd been thr as mortgage n my fren as pfc

salary damn low ... 1800 but now not sure but i think nothing changes
commission oso low
claim sucks 
bonus = money they pay to beggars

the year i left a lot of sales get damn low bonus ... my fren achive annual branch target n his manager appraise very good ( bonus 0.75 month  shakehead.gif  )

the next year heard some frens told hong leong EARN LESS than previous year and bonus mostly 0 ( a few branch manager who work for more than 10yrs oso kena )

u can ask any1 from hong leong ... their annual staff turnover especially salesperson damn high coz everyone cant tahan hong leong kiam siap-ness.
*
My friend just got his bonus. He is from hong leong too.
He get 2.5 months, not bad huh?
gecodine
post Jan 8 2009, 11:20 AM

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no one from RHB ere???
creep
post Jan 10 2009, 02:44 AM

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QUOTE
FOR FRESH GRADUATE



MAYBANK @ 1/2 year probation period
Salary started@ RM 1800-2000
BONUS @ 2-4 months ( last year low position e.g clerk no bonus paid !!! )
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 8%


where did u get this from ?
maybank clerk got their 2 months bonus every december....
ryl
post Jan 10 2009, 11:44 AM

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hey all this positions that is going around r related to the sales field in banking industry??
what if a graduate has a degree in economics or business??
for an economic holder is there any specific job for it other than sales or marketing??

This post has been edited by ryl: Jan 10 2009, 12:18 PM
deodorant
post Jan 10 2009, 12:04 PM

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QUOTE(ryl @ Jan 10 2009, 11:44 AM)
hey all this discussion that is going around r related to the IT field right/?

lol, learn2read.
SilverSpoon
post Jan 10 2009, 05:15 PM

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Do bank operation staff with a long banking experience have any opportunity to become branch manager if they are a diploma holder? (No Degree, just diploma)
And what is the average salary for a branch manager?
Please advise. Thanks.
terryykf
post Feb 21 2009, 01:04 AM

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hi there,
i nid some help here.
i wanna know what are the benefits offered by Public Bank for their clerical staffs?
i mean annual leave,bonus,medical benefits,marriage leave and so on...
plz help me....
twentyfour24
post Feb 21 2009, 04:48 PM

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so attractive.
i want to become a banker...
creep
post Feb 22 2009, 02:31 AM

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QUOTE(SilverSpoon @ Jan 10 2009, 05:15 PM)
Do bank operation staff with a long banking experience have any opportunity to become branch manager if they are a diploma holder? (No Degree, just diploma)
And what is the average salary for a branch manager?
Please advise. Thanks.
*
of course can....my 1st Branch manager join the bank as a clerk with SPM....most my superior that time also start from clerk and 1 even from despatch/office boy ..... 1 General Manager at HQ was from clerk also b4 he join another bank and triple his salary

not sure about the salary though but almost everything can claim....got car wth driver , entertainment allowance abt 15K per month (depends on grade of the branch)....even buy curtain for the house also can claim....

quite heavy responsibility.....those working in problematic area have to deal with the taiko.....afraid to bounce their cheque sure kene one.....my last branch manager b4 i left was demoted to normal officer because one of his staff comit fraud involving 300K


Added on February 22, 2009, 2:36 am
QUOTE(terryykf @ Feb 21 2009, 01:04 AM)
hi there,
i nid some help here.
i wanna know what are the benefits offered by Public Bank for their clerical staffs?
i mean annual leave,bonus,medical benefits,marriage leave and so on...
plz help me....
*
clerical basically the same for all bank bcoz they all under NUBE.....later i ask my fren izzit still the same....=

This post has been edited by creep: Feb 22 2009, 02:36 AM
geo
post May 28 2009, 08:58 PM

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i would like to know more about UOB pls?
anyone can share?
Winning11
post May 28 2009, 10:36 PM

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as long as you can excedd sales, the sky is your limit. everything in the bank is all about sales sales sales. unless you are back office or IT.
geo
post May 28 2009, 10:46 PM

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is credit management trainee consider as sales?e
ju146
post May 29 2009, 06:01 AM

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QUOTE(slynn @ Apr 20 2008, 04:02 PM)
currently I am applying for few bank. a very tough interview and assessment. mostly for management trainee post. for wat I knoe tis is wat they offered:-

UOB management associates RM 3500
Alliance Young Exec Programme RM 2300 (upon confirmation, rm 2500 - after 6 mnth)
Standard Chartered: International Graduate Program RM 2800

N tis r wat i get fr some of the ppls i meet during assessment/interview:-

Citibank RM 2600
Standard Chartered: International Graduate Program (for oversea graduate) RM 3100
Maybank RM 2600
CIMB RM 2300 (but need to sign 2 yr contract)

*Most of the above positions are for management trainee post.

anyone from scope international? I heard d working environment there not so good. need to work till very late n a lot of political issues there? any advice?
*
if i m not mistaken, uob rm3500 will oli offer to those who are exactly excellent.. otherwise offer will goes down to rm2600... izit true?
geo
post May 29 2009, 10:22 AM

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hmm.. i only heard that the rate will be bout 2.6k..
mb if u know how to talk to the managers then they will offer u bit more?
ju146
post Jun 1 2009, 11:57 PM

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QUOTE(amir77 @ May 4 2008, 01:36 PM)
for HSBC MDP programme

you will get 4k++ (almost 5k) plus guaranteed increment on ur salary after you completed 30 months training. ( u will start as a resident manager [RM] after training)..

http://www.hsbc.com.my/1/2/careers/graduate-opportunities

rclxms.gif
*
!!!. are u sure? wat will be the required educational level? master?
Jacky Phang
post Jun 13 2009, 08:13 AM

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QUOTE(ju146 @ May 29 2009, 07:01 AM)
if i m not mistaken, uob rm3500 will oli offer to those who are exactly excellent.. otherwise offer will goes down to rm2600... izit true?
*
Slynn mentioned Management Associate...average Joe wont get into MA programme!
AutumnFoliage
post Jun 13 2009, 08:54 AM

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QUOTE(twentyfour24 @ Feb 21 2009, 04:48 PM)
so attractive.
i want to become a banker...
*
teacher should be better gua..~!!@@ rclxms.gif
amir77
post Jun 13 2009, 11:32 AM

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QUOTE(ju146 @ Jun 1 2009, 11:57 PM)
!!!. are  u sure? wat will be the required educational level? master?
*
Requirements

Basic Bachelor’s Degree (with Honours) in any discipline
Drive and motivation to work in a fast-paced environment where winning business and meeting targets are essential
Actively enjoy meeting and getting to know new people, communicating with all types of people and building customer relationships
Ability to inspire trust and lead by example, showing commitment to deliver highest quality service to customers and colleagues, with drive and resilience to become future business leaders
Fluent in English; excellent communication, interpersonal and presentation skills
Energetic, enthusiastic and adaptable to different environment
Team-worker with dynamic leadership capabilities
Ambitious and self-motivated
Ability to interpret and analyse data / information and make sound business decisions
Creative and innovative with confidence to challenge status quo
Entrepreneurial flair and ability to generate new ideas to improve personal and team performance
Mobility throughout entire Bank's network of 40 branches
Malaysian citizen

Given the Bank’s adoption of Market-Related Pay wef 01APR2005, all RM’s monthly salary of RM 4,920 and below will be under a 'protected' salary range, i.e. minimum guaranteed 10% annual salary increment of the bonus pool, the amount of which as determined based on the annual appraisal rating. Once the RM’s salary exceeds RM 4,920, it will then be pitched against the market accordingly.

joanalooidog
post Jan 1 2010, 01:23 PM

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hi...i heard that hong leong bank are get more than 2 mths bonus ler...not bad also la....but increment is low...less than 100 like that....
kaiserwulf
post Jan 1 2010, 03:31 PM

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QUOTE(ju146 @ May 29 2009, 06:01 AM)
if i m not mistaken, uob rm3500 will oli offer to those who are exactly excellent.. otherwise offer will goes down to rm2600... izit true?
*
My old secondary school clown got that job- taking back 3.5 every mth. What you think? Not as hard as it seems, or am I a nerd who mixes with the top two classes every year?


Added on January 1, 2010, 3:37 pm
QUOTE(ju146 @ May 29 2009, 06:01 AM)
if i m not mistaken, uob rm3500 will oli offer to those who are exactly excellent.. otherwise offer will goes down to rm2600... izit true?
*
My old secondary school clown got that job- taking back 3.5 every mth. What you think? Not as hard as it seems, or am I a nerd who mixes only with the top two classes in school every year?

This post has been edited by kaiserwulf: Jan 1 2010, 03:37 PM
shk312
post Jan 2 2010, 02:04 AM

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anyone with citi bank, how's their pay, bonus & increment?
DarReNz
post Jan 2 2010, 03:04 AM

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nice to keep jumping banks until full circle
DDSFan8
post Jan 2 2010, 03:33 AM

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Be banker not easy. In fact, you will kind of regret...
lwb
post Jan 2 2010, 03:05 PM

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sometimes i wonder why you guys are so touchy about mileage claims? as though most of you are required to travel all the time..

reading this thread.. i found something missing was the employer's epf contribution rate..

i can see that perhaps this thread is catered mostly for freshies/lower rank staff.. but a difference between 4% in the epf rate means alot!!

for example.. at 16+12=28% ... my epf alone, is on par with some of your starting pay.. think about this "free money" from the company guys.
kaiserwulf
post Jan 2 2010, 07:43 PM

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QUOTE(lwb @ Jan 2 2010, 03:05 PM)
sometimes i wonder why you guys are so touchy about mileage claims? as though most of you are required to travel all the time..

reading this thread.. i found something missing was the employer's epf contribution rate..

i can see that perhaps this thread is catered mostly for freshies/lower rank staff.. but a difference between 4% in the epf rate means alot!!

for example.. at 16+12=28% ... my epf alone, is on par with some of your starting pay.. think about this "free money" from the company guys.
*
Same here. Its a significant amount when you get top up contribution. Unless ofc your boutique bank practices pension scheme (that is even better) but doubt we have much practicing that here.
tata88
post Jan 2 2010, 11:09 PM

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QUOTE(lwb @ Jan 2 2010, 03:05 PM)
sometimes i wonder why you guys are so touchy about mileage claims? as though most of you are required to travel all the time..

reading this thread.. i found something missing was the employer's epf contribution rate..

i can see that perhaps this thread is catered mostly for freshies/lower rank staff.. but a difference between 4% in the epf rate means alot!!

for example.. at 16+12=28% ... my epf alone, is on par with some of your starting pay.. think about this "free money" from the company guys.
*
People are discussing about bank here. So it is normal when people do not include epf 16% or 12% in discussion because banks normally pay 16% but i heard recently(starting from 1 or 2 years ago) there is/are bank pay only 12% for new recruitment.
(but there are people who still get 16% in that company who just joined. So i think it is hard to discuss about the 12 or 16 because you will only know how much the bank is going to contribute to you until you get the offer letter).


shk312
post Jan 4 2010, 12:48 AM

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Is that foreign bank normally offer higher rate for epf contribution?
kirk_
post Feb 4 2010, 10:52 PM

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.

This post has been edited by kirk_: Apr 26 2010, 10:14 PM
ranul
post Feb 19 2010, 05:22 PM

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what are the standard benefits at alliance bank for degree holders in terms of annual leave, medical coverage and bonuses?
DDSFan8
post Aug 8 2010, 10:09 PM

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so is UOB a good place to work?
HPrules
post Jul 10 2011, 02:26 PM

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i got an offer for sales support in UOB. should i or shouldn't i accept the offer?? i was applying for MT position and went through all the assessments.
debbieyss
post Aug 19 2011, 09:30 PM

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QUOTE(DDSFan8 @ Jan 2 2010, 03:33 AM)
Be banker not easy. In fact, you will kind of regret...
*
Can you elaborate more?

By the way, any one is working at foreign banks? Few of them that are famous are:
* Bank of China Malaysia Berhad
* Deutsche Bank Malaysia Berhad
* Bank of Tokyo-Mitsubishi UFJ Malaysia Berhad
* J.P Morgan Chase Bank Berhad

Anyone joining MBF Cards here?

This post has been edited by debbieyss: Aug 19 2011, 09:33 PM
anttan
post Aug 23 2011, 02:15 PM

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Dear Professionals,

The post details are previous information. Can I know the latest information?

Thanks
gsh880823
post Dec 24 2011, 10:57 AM

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Can anyone tell me the yearly increment for public bank employee? 8% and above?
bull eye
post Dec 25 2011, 12:33 AM

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QUOTE(ranul @ Feb 19 2010, 05:22 PM)
what are the standard benefits at alliance bank for degree holders in terms of annual leave, medical coverage and bonuses?
*
i heard they said good but someone who's working here need to confirm further.
T3N5AI
post Dec 25 2011, 12:44 AM

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Can anyone update us on the recent market rate for banks in malaysia? Especially investment banks. I heard there are paying like 3k+ for fresh grads, 8 months bonus min, 20% increment per year. Anyone has any idea if this statement is true?
bull eye
post Dec 25 2011, 01:00 AM

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QUOTE(T3N5AI @ Dec 25 2011, 12:44 AM)
Can anyone update us on the recent market rate for banks in malaysia? Especially investment banks. I heard there are paying like 3k+ for fresh grads, 8 months bonus min, 20% increment per year. Anyone has any idea if this statement is true?
*
8 months bonus min..where u got this info?
WallChecker
post Dec 26 2011, 09:50 PM

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@T3N5AI: Please be specific, 8 months of min bonus not little. Please exclude sales types job.
heavenorhell
post Dec 26 2011, 11:47 PM

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QUOTE(T3N5AI @ Dec 25 2011, 12:44 AM)
Can anyone update us on the recent market rate for banks in malaysia? Especially investment banks. I heard there are paying like 3k+ for fresh grads, 8 months bonus min, 20% increment per year. Anyone has any idea if this statement is true?
*
depends on which IB. There are 15 IBs in Malaysia and only very few are considered to be top-tier (like CIMB). Only those top-tiers pay >6 months bonus for entry-level executives in front-office (like Corporate Finance, IB, ECM/DCM). Mid-tiers maybe can afford to pay 4-6 months bonus to top performers of FO. If you are doing back office functions like operations/finance/compliance/risk management etc, typical bonus would be <3 months


Dern
post Dec 27 2011, 09:22 PM

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anyone who can say more about UOB bank ??????? their remuneration, increment, bonus, career progression ?
T3N5AI
post Dec 27 2011, 10:44 PM

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QUOTE(WallChecker @ Dec 26 2011, 09:50 PM)
@T3N5AI: Please be specific, 8 months of min bonus not little. Please exclude sales types job.
*
I think a bit of course. I quoted from OSK investment bank. CIMB investment bank is even more.
Dern
post Dec 28 2011, 11:03 AM

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why seems nobody knows about OUB one ? no real info about OUB...
shaquenator
post Dec 28 2011, 10:44 PM

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hhhmmmm, seems that very few ppl know about UOB....
mercury8400
post Dec 28 2011, 10:52 PM

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QUOTE(WallChecker @ Dec 26 2011, 09:50 PM)
@T3N5AI: Please be specific, 8 months of min bonus not little. Please exclude sales types job.
*
Sales type job or front office work in anywhere including invesment banking only can give you that kind of bonus lar.
If you are back room staff or analyst not so much money wan.
Ultimately the sales people or frontliners are the revenue generators and hence are deemed worth the big bonus....

Btw who say investment banking job min 8 months bonus???
It depends on the bank, your division in your bank and your performance lar....


Added on December 28, 2011, 10:55 pm
QUOTE(shaquenator @ Dec 28 2011, 10:44 PM)
hhhmmmm, seems that very few ppl know about UOB....
*
I used to work in their corporate banking team...
At that time, no risk appetite....and not willing to tap balance sheet even anual review also cut facilities....looks like they are about to exit the Malaysian corporate banking scene.....i scared so i quit....
Not a good place if you are a corporate banker.

This post has been edited by mercury8400: Dec 28 2011, 10:55 PM
T3N5AI
post Dec 29 2011, 01:07 AM

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Of course everyone knows that divisions like coporate finance, or treasury provides the most bonuses. Back office would be lesser but not too much lesser or else the union is going to make noise. I actually quoted it this way with the point that, if u wanna enter investment bank, enter these 2 divisions which pays most. So far among my friends, research analyst top the charts, next is treasury and coporate finance, then its bonds divisions which is a bit slower, then back office, then, its the normal comercial bank doing customer service, sell loand, bonds and credit cards. I actually had a female friend who is 3 years my junior and earning double my salary, overtook me 2 years ago in terms of salary nad i didn't even take into acc her bonus, actually i'm also shy to ask when i heard her salary figure. lol
shaquenator
post Dec 29 2011, 10:17 AM

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Added on December 28, 2011, 10:55 pm
I used to work in their corporate banking team...
At that time, no risk appetite....and not willing to tap balance sheet even anual review also cut facilities....looks like they are about to exit the Malaysian corporate banking scene.....i scared so i quit....
Not a good place if you are a corporate banker.
*

[/quote]

then now ? how is their pay ? seems like the people here mention rm3.5K, a lot it seems ? their benefits ? progression ?


Dern
post Jan 1 2012, 05:42 PM

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hhhmmm, seems like UOB is not well known to many...isnt this a bit dangerous ?
Chisinlouz
post Jan 1 2012, 08:41 PM

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QUOTE(mercury8400 @ Dec 28 2011, 10:52 PM)
Sales type job or front office work in anywhere including invesment banking only can give you that kind of bonus lar.
If you are back room staff or analyst not so much money wan.
Ultimately the sales people or frontliners are the revenue generators and hence are deemed worth the big bonus....


Added on December 28, 2011, 10:55 pm
I used to work in their corporate banking team...
At that time, no risk appetite....and not willing to tap balance sheet even anual review also cut facilities....looks like they are about to exit the Malaysian corporate banking scene.....i scared so i quit....
Not a good place if you are a corporate banker.
*
QUOTE(T3N5AI @ Dec 29 2011, 01:07 AM)
Of course everyone knows that divisions like coporate finance, or treasury provides the most bonuses. Back office would be lesser but not too much lesser or else the union is going to make noise. I actually quoted it this way with the point that, if u wanna enter investment bank, enter these 2 divisions which pays most. So far among my friends, research analyst top the charts, next is treasury and coporate finance, then its bonds divisions which is a bit slower, then back office, then, its the normal comercial bank doing customer service, sell loand, bonds and credit cards. I actually had a female friend who is 3 years my junior and earning double my salary, overtook me 2 years ago in terms of salary nad i didn't even take into acc her bonus, actually i'm also shy to ask when i heard her salary figure. lol
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Hi mercury and tensai. U both previously/currently is in banking industry? Im currently wish to have career change from current job. It is reputable company focus in 1 division of bank only. I am bored with the job scope already and wish not to waste my banking degree, just focus on that particular. Mind if make a discussion with u guys? Thanks. I grad this year fresh grad. But the job im in is already finish learn everything. Its back end office, so i wish to go to front as you guys mentioned. Wish to know more about it.
Love22
post Jan 12 2012, 09:29 AM

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aiyo guys....bonus is base on which department u are in the bank la...for example if u are in compliance and not a manager or a team leader, forget bout getting 2 months bonus or any bonus at all...coz the department is non-profit department, i.e. the department do not earn money for the company...is a cost centre....so not necessary work in bank means will have bonus...
vanpersie91
post Jan 12 2012, 09:33 AM

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i hope TS can update the first post...sudah update ke? last edit pun apr '08..
Love22
post Jan 12 2012, 09:36 AM

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summore if just depends on full time job to earn a living...i can say sure not enuf...must do some investment...let your money do the work for u and not work OT for the money.... smile.gif
canwil
post Jan 13 2012, 06:29 PM

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This job is for what position in the bank?
malkovich
post Feb 1 2012, 05:10 PM

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I'm a banker also... but now looking for other banks...

because right now my employer not even pay my OT+PH allowance+ignore my last year AL+freeze this year AL+medical claim still no response+etc.....
but they claimed that they are amongst of the largest bank in M'sia...huh

nowadays the workload become double since many staffs has resigned...sigh
amirsnake
post Feb 1 2012, 06:14 PM

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QUOTE(malkovich @ Feb 1 2012, 05:10 PM)
I'm a banker also... but now looking for other banks...

because right now my employer not even pay my OT+PH allowance+ignore my last year AL+freeze this year AL+medical claim still no response+etc.....
but they claimed that they are amongst of the largest bank in M'sia...huh

nowadays the workload become double since many staffs has resigned...sigh
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I you don't mind,which bank that are you referring to?

Sometime, a good bank in Malaysia also well played,they hide in success even thought their management suck!
DDSFan8
post Feb 1 2012, 11:28 PM

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ai yah, all industry got pro and cons la...
leizmende
post Feb 3 2012, 11:22 PM

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how about ocbc bank ? bonus and increment ok ? how about risk management & collection team?
nadiahanwar
post Feb 10 2012, 02:49 AM

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My lecturer said bank rakyat gave 1 year bonus to their employees. Not sure if this true hmm.gif
mercury8400
post Feb 10 2012, 11:46 AM

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Added on February 10, 2012, 11:47 amthen now ? how is their pay ? seems like the people here mention rm3.5K, a lot it seems ? their benefits ? progression ?
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[/quote]
RM 3.5k only for their top of the range so called cream -de la cream of the corp Management Associate program (not to be confused with their Credit Management Trainee program) The MA program only hire so called hire calibre people or specifically girls wearing very short skirts.....


Added on February 10, 2012, 1:26 pm
QUOTE(Knight_2008 @ Jan 1 2012, 07:01 PM)
actually, what does corporate bankers do? I understand that investment bankers help the firms tap the capital market, do loan syndication, and advise on m&a. but not sure with corporate bankers.
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Think of it this way.
Investment Bankers will advise on M&A, IPO, restructuring, etc. However there are cost involved and these could run to the hundred of millions, which the company do not have at the moment or do not have so much liquid cash. So the corporate banker will come in and finance the transaction.

Other than that coporate bankers also finance asset acquisition (acquisition of buildings, assets, etc), mergers and takeovers and working capital requirements.

This post has been edited by mercury8400: Feb 10 2012, 01:27 PM
chickenfied
post Feb 11 2012, 04:28 AM

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QUOTE(debbieyss @ Aug 19 2011, 09:30 PM)
Can you elaborate more?

By the way, any one is working at foreign banks? Few of them that are famous are:
    * Bank of China Malaysia Berhad
    * Deutsche Bank Malaysia Berhad
    * Bank of Tokyo-Mitsubishi UFJ Malaysia Berhad
    * J.P Morgan Chase Bank Berhad

Anyone joining MBF Cards here?
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Not sure about bank of china and bank of tokyo, but deutsche and JP have very small offices in malaysia. they're famous because of their IB work in the US (and worldwide), but i don't think their offices in malaysia are offering IB positions, unfortunately.
raulxiver
post Feb 11 2012, 11:48 PM

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QUOTE(amirsnake @ Feb 1 2012, 06:14 PM)
I you don't mind,which bank that are you referring to?

Sometime, a good bank in Malaysia also well played,they hide in success even thought their management suck!
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i think i know which bank he is referring to

"nowadays the workload become double since many staffs has resigned...sigh"
AnswerSeeker
post Apr 18 2012, 10:55 PM

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what are the standard benefits for degree holders in terms of annual leave, medical coverage and bonuses and epf % for the bank listed below?

1) Std.Chartered
2) Hong Leong
3) RHB
4) Ambank
5) OCBC
6) CIMB

NewPro
post Aug 3 2012, 06:46 PM

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QUOTE(ibnunarsim @ Feb 12 2012, 10:09 PM)
Bank Rakyat gross profit for FYE 2011 is RM2.01 billion.  drool.gif

Trend of bonus for the past 5 years:

2007 = 10 months
2008 = 12 months
2009 = 14 months
2010 = 15 months
2011 = 16 months  rclxms.gif
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wow.... that good ah? i tot only CIMB pay high bonus...
anyone know this year how is the bonus for the following banks?
1. Maybank
2. CIMB
3. Public Bank
4. AmBank
5. HLB
tstan8_8
post Aug 3 2012, 07:04 PM

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QUOTE(LG Human Resource @ Apr 19 2008, 12:28 PM)
FOR FRESH GRADUATE

MAYBANK @ 1/2 year probation period
Salary started@ RM 1800-2000
BONUS @ 2-4 months ( last year low position e.g clerk no bonus paid !!! )
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 8%
AMBANK
Salary started@ RM 1800 (Firm) @ 1 year probation period
BONUS @ 2 months (maximum)
Allowance 70 cent per kilometre
Commission: Average Low
Yearly salary increment rate: 5%
Alliance Back @ 1/2 year probation period
Salary started@ RM 1850-2000
BONUS @ 2-4 months (Sales Staff no Bonus because the commision paid is good !!!)
Allowance 80 cent per kilometre (No commission claim for sales staff)
Commission: Very High
Yearly salary increment rate: 8%
CIMB Bank @ 1/4 year probation period
salary started @ RM1800-1900
BONUS @ 2-4 months or higher
Allowance 80 cent per kilometre
Commission: Average higher
Yearly salary increment rate: 10%
Hong Leong Bank @ 1/2 year probation period
salary started @ RM1800
BONUS @ 3-4 months or higher
Allowance 70 cent per kilometre (got sales target only can claim)
Commission: Average higher
Yearly salary increment rate: 9%
RHB Bank @ 1/2 year probation period
Salary started@ RM 1800-2200
BONUS @ 2-4 months or higher
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 8%
Public Bank @ 1/2 year probation period
Salary started@ RM 2600-2800
BONUS @ 2-4 months or higher
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 8%
EON BANK @ 1/2 year probation period
Salary started@ RM 2500-2800
BONUS @ 2-4 months or higher
Allowance 70 cent per kilometre
Commission: Average Middle
Yearly salary increment rate: 7%
HSBC Bank @ 1/2 year probation period
Salary started@ RM 2200-2500
BONUS @ 4-6 months or higher
Allowance 70 cent per kilometre
Commission: Low or no commission
Yearly salary increment rate: 11%
UOB Bank @ 1/2 year probation period
Salary started@ RM2600-2800
BONUS @ 2-3 months or higher
Allowance 70 cent per kilometre
Commission: Average middle
Yearly salary increment rate: 9%
(UOB Management suck and political fighting issues heavy in this bank !!!)
OCBC Bank @ 1/2 year probation period
Salary started@ RM1900-2200
BONUS @ 2-3 months or higher (No bonus for lower level staff)
Allowance 80 cent per kilometre
Commission: Average good
Yearly salary increment rate: 10%
Standard Charthered Bank @ 1/2 year probation period
Salary started@ RM1500-2000
BONUS @ 2 months or higher
Allowance 70 cent per kilometre
Commission: Average good
Yearly salary increment rate: 10%

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EXCUSE ME LG, please don't down grade the market salary.

If you cannot hire people to join yr company, please provide them with a better benefit..
ahdon17
post Aug 7 2012, 11:54 PM

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Anyone knows how much uob credit card sales executive (fresh grad) are paid?
xsaintzx
post Aug 27 2012, 09:24 PM

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QUOTE(tstan8_8 @ Aug 3 2012, 07:04 PM)
EXCUSE ME LG, please don't down grade the market salary.

If you cannot hire people to join yr company, please provide them with a better benefit..
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Dude see the last edited date, it was 4 years ago at 2008 doh.gif doh.gif
NewPro
post Sep 1 2012, 08:55 AM

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QUOTE(xsaintzx @ Aug 27 2012, 09:24 PM)
Dude see the last edited date, it was 4 years ago at 2008  doh.gif  doh.gif
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Anyone can provide the latest up date for this like what LG share to us?
fireangelgalz
post Apr 19 2013, 01:59 AM

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would love to have updates :3
ken_zie
post Apr 20 2013, 01:02 PM

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Different staff from different department might have different salary and bonus rate. It's better to point out if the salary and bonus is for sales or operation or management staff.
NasyyEngine
post Apr 20 2013, 06:01 PM

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yes, what ihave noticed is most of the salary reference guides are inaccurate , the most misleading is jobstreet salary overview of jobs , and the next bein kelly services , its so funny its almost impossible to find a any single source that gives accurate figure , Im compelled this is the case to prevent everyone in the world to know about the extremely low salaries in malaysia , but this is my opinion and i can be mistaken
rue
post Apr 23 2013, 12:32 PM

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Hi guys,

Does the banks (Public Bank for instance) allow us to take leave during probation period? If yes, for how many days?
SUSfuzzy
post Apr 24 2013, 07:38 PM

*pew pew pew*
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QUOTE(NasyyEngine @ Apr 20 2013, 06:01 PM)
yes, what ihave noticed is most of the salary reference guides are inaccurate , the most misleading is jobstreet salary overview of jobs , and the next bein kelly services , its so funny its almost impossible to find a any single source that gives accurate figure , Im compelled this is the case to prevent everyone in the world to know about the extremely low salaries in malaysia , but this is my opinion and i can be mistaken
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Because industry salaries are worth a lot sold by consultants like TW, Hays, Mercer, etc...

What makes you think any of the larger companies who are active participants in these surveys, will give away their pay data to jobstreet?
barneysteinsson
post Apr 26 2013, 07:20 AM

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fresh grad for public bank is still rm2800 biggrin.gif
ascension278
post Apr 26 2013, 08:02 PM

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i got in IGP in stan chart..
felixmask
post Apr 26 2013, 09:57 PM

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QUOTE(ascension278 @ Apr 26 2013, 08:02 PM)
i got in IGP in stan chart..
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IGP ????? Inspector General Police ?
ascension278
post Apr 26 2013, 10:18 PM

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if u have to ask u dont need to know smile.gif
ZombieLand
post Apr 26 2013, 10:59 PM

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Fresh grad in Maybank as at April 2013
Basic salary: RM 2800
Annual increment : RM 235
Annual leave: 24 days
Mileage claim: 0.90 cents per km
Bonus: standard/on target: 4 months
Exceed target: 6 to 8 months
The above is the latest info for Maybank commercial/retail banking. Investment bank has its own set of benefits.
Imdarren
post Apr 26 2013, 11:22 PM

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QUOTE(ascension278 @ Apr 26 2013, 08:02 PM)
i got in IGP in stan chart..
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and the perks are?
jojoamani
post Sep 6 2013, 11:45 AM

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Hong Leong Salary?
shoonyee89
post Sep 3 2014, 03:00 PM

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Hi, Im current working in audit line at audit firm and plan to change to banking line. Any advice on what type of jobs can I apply?

Will they disregard my experience in the audit line?

Thanks in advance!

 

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