Quote:
Originally Posted by Unregistered
Thanks for the explanation. I called up the recruiter yesterday and she told me that by right they were looking for a DM, but the hiring manager felt my experience compare to internal equity only qualify for AM, so they gave me a salary which is higher end of AM but if I can proof good performance can be promoted to DM after a while.
When I ask her if my salary is high end of AM does this mean I will get no or very little increase if I don't promote, she was very evasive and just keep saying as long as you perform well the company will recognize that.
Now I am a bit hesitant because the offer is only ~15% higher than current and if no increase and promotion in next 2 years like back to square one... Anyone got advice whether I should accept?
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It also boils down to want you are really looking for in your next job. How a Japanese bank functions may be very different to what you are used to, and that 15% premium may not be able to compensate for the risk of the move on the event that you do not like it. I do feel that in terms of career progression and growth, Japanese banks have less to offer.
Personally I would not settle for less than 20% for a switch, granted that the following year's increment might be on the lower end as promotions are harder to justify based on the short performance assessment window.