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

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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?
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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



 

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