Quote:
Originally Posted by Unregistered
You have to bear in mind that different banks have different bonus structure.
I know of a bank paying 6k for a 3 yrs exp role but it offers 0 to 0.5 months bonus.
Whereas in my company offers same exp at 4k plus but bonus is between 5 to 6 months.
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Yes different banks have different bonus structure. But the norm that i'm seeing is people with 3 years experience is getting around total compensation of around 60k pa. 5 years experience gets around 70-75k pa in total compensation. Thereafter 5 years of experience, it may then vary quite abit depending on whether the individual is promoted to a leading or managerial position. Because i have people who have less experience (eg: 7-8yrs exp) but at a leading role earning much more than another person who has (10-12yrs exp) but still at a non-leading role. And this is irregardless of whether the person is local uni grad or UOL grad.
Again i'm only talking about middle and back office role.