DBS and J.P Morgan top choice of banking employers: survey

Meanwhile, Goldman Sachs only ranked fifth despite competitive compensation.

JP Morgan and DBS Bank are the top employers for banking professionals, according to a study by eFinancialCareers.

The survey, which polled 509 candidates, ranked JP Morgan as the top employer, with 13% choosing the bank. DBS followed as the choice of 12% of the candidates.

The remaining companies were split between local and global names, with Standard Chartered placing third (6%), followed by BlackRock (5%).

Goldman Sachs only ranked fifth despite being recognised as the highest payer by over half (53%) of candidates. This indicates that a high salary doesn’t always appeal to candidates, the survey said.

Candidates perceived local banks as less likely to offer competitive pay, with 7 in 10 naming DBS Bank and OCBC.

However, the Bank of Singapore (30%) performed better, receiving nearly as many "strongly agree" responses as JP Morgan (31%) and more than UBS (27%) when rating the company based on compensation.

Whilst local banks were rated lower for pay, Bank of Singapore (38%) and OCBC Bank (36%) had the highest candidates ‘strongly agreeing’ they offered robust training and development programmes for professional growth.

According to candidates, training programmes are a crucial advantage for them, with UBS (94%), Barclays, and Standard Chartered (90% each) topping the list.

Goldman Sachs (65%) and BlackRock (74%) lagged in the survey in terms of perceived training and development for employees.

Follow the link s for more news on

Bank of Singapore

DBS

JP Morgan

OCBC Bank

employee survey

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia