Quote:
Originally Posted by Unregistered
Given that AVPs are between 80k to 100k bands, i guess if the said employees were to be stuck at AVP they'll be at max hit 120k?
anything above that like 140-150k onwards will correspond to VP pay already according to what i assumed from the previous posts
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I guess the bands are just for estimation but are quite accurate for majority of the cases.
AVP for most Banks do not earn more than 120k and more.
-Calculation of 14 months package (12 months basic + 2 months bonus) - 8.5k/mth
Probably AVP can be more than 120k, if they are older than certain age, say like 45 years old and older or so, maybe.
As what others had mentioned, most graduate with Degree will end up at VP eventually at 40s which is a equivalent "Manager" title at MNCs.