Salary.sg Forums - View Single Post - Officer Role in Bank of Tokyo

#**156** (**permalink**) 14-02-2018, 10:24 PM

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?

Generally for your level which is considered very junior by banking standards, the minimum I advise is at least 25%-30% increase esp. Jap banks have not so good reputation in terms of future progress and learning opportunity. I agree with others above that you should just reject, don't waste your time in Jap companies unless you want job security and go through motion till retirement.