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Old 22-03-2021, 02:52 PM
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There was a pay structure revision 2-3 years ago... Some bonus components got subsumed into base pay so now the bonus is low in absolute months to simulate banking pay structure... I got 17% increase in base but total comp only went up a little out of the revision. The higher base is better I feel.. it helped with my recent move into banking as my new base was negotiated based on my last drawn base.
but it works adversely against those who are joining MAS
as MAS might only match you last drawn pay and you end up getting lower bonuses as well
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