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Old 08-09-2011, 11:41 PM
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Quote:
Originally Posted by bo lui View Post
Wow...2900 - 2970, from 2007 to 2010, 3 years, only 70 bucks increase? How come you never consider jumping? How to feel any motivation if starting 3 years of career already so slow?

But, then your 2010 increase not bad. 400+, I guess largely due to promotion.
And 2011 without promotion up 300+, much more than your first 3 years.

Although start slow, looks like you did pretty well. Average 200+ increase per year (plus a promotion). That's more than 5% increase per year from your starting salary.


Cham la. Looks like must weasel my way into financial world already.
But I have a friend in citibank, said that after his first year, average increment @ citi of 2%. Maybe for every 1 big banker out in this forum, there's 99 people at a citi/uob/dbs cubicle fighting for scraps. 2 percent!? omg, if my 3K salary gets 2%, only 60 bucks. Be damn sad.
my promotion increment is only +$13x
my annual increment is only +$11x for year 2011
my annual increment is only +$8x for year 2010
you can guess how much is the (wage adj amt).

(wage adj) is only given when the economy pick up and to match the salary to other sector to stay competitive. In the normal year, we only get about +3.2% annual increment.
if you exclude the (wage adj) portion, the pay is really sux
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