Average Bonus and Raise in Banking IT

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  1. #1

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    Average Bonus and Raise in Banking IT

    What kind of year end bonuses and raise are offered by the banks here in their IT divisions? Pretty generic question but would like to hear from Project Managers, Business Analysts, Developers etc. in IT divisions of the major banks in Hong Kong.


  2. #2

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    It all depends on the performance of the company and the employee. I know an IT associate in JP Morgan who got 12 months bonus in 2007 but in 2008 zero.


  3. #3

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    Quote Originally Posted by US2HongKong:
    What kind of year end bonuses and raise are offered by the banks here in their IT divisions? Pretty generic question but would like to hear from Project Managers, Business Analysts, Developers etc. in IT divisions of the major banks in Hong Kong.
    What banks?

    the DBS kind or the Morgan Stanley kind?

    I can tell you the bottom though: 0 if you don't perform

  4. #4
    Quote Originally Posted by US2HongKong:
    What kind of year end bonuses and raise are offered by the banks here in their IT divisions? Pretty generic question but would like to hear from Project Managers, Business Analysts, Developers etc. in IT divisions of the major banks in Hong Kong.
    I am a Assistant PM in a local bank IT. My bank's average is 1.x month bonus.

    Where are you living? US? Actually, ITers in Hong Kong are not well paid...