I got offer from Singapore SCB for band5 position not sure whether its M22/M23 . TC : 272k Breakup: Basic: 210k CPF: 12k Bonus: 50k 2% of base as but mostly go into insurance. Benefits: 4200 YOE: 14 Position: Senior Engineering Lead Please help to evaluate if its low ball..
Also depends on your YOE
I want to see more sg data please list YoE!
what kind of position is this? engineering?
That's a brilliant offer. Most probably M23. Generally it's between 190-270k for band 5, unless you are an expat
The above range is for base or base + Bonus?
Those are base + bonus numbers. Base would start from 150k I believe
May I know which Unit/Project did you join?
I Joined SCB its M23/B5 .. this is under S C Ventures
Had you mentioned SC ventures in your post earlier, you would have got slightly different replies. SC ventures pays more than normal SCB roles and has some cool projects. Congratulations!
Hey! I think this is a good offer but, I know B5/M23 can go to 220K according to a friend and external recruiter that worked for them. You can try to push further, but it seems a good offer to me. I think you might have missed the benefit allowance which is 2% of the 210K in your TC calculation.
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How much should you had by now if you worked for 5 years in Tech. Savings + Stock + Retirement Accounts = ?
Congrats! It's a good offer for intl' banks. Bands and positions may not matter here, they are decided based on your pay so be a Blinder and care about TC that makes you happy. Breakdown looks good, but try to negotiate higher bonuses with a competing offer, or if fixed bonus ask for a signon instead.