Quote:
Originally Posted by Unregistered
Lol seriously. Nowadays, new grads has lots of expectation. Why do you think they will give you 14% increment in first year unless you are promoted? This is ops job. Pay is low, the bank is also struggle.
If you are not part of the MA program, you won't have the privilege for good hike unless you perform well. That is also why MA program has higher entry bar, because they except you to perform better than others and career progression is also faster. I also doubt you will get 14% increment, most likely 5% to 7%. This is already considered good for European companies.
European banks are struggle, don't think they have a lot of money to feed you.
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Not really, some direct hires do better than those in MA programs.
MA program only give u more chance for visibility with higher ups. If you don't take the chance then MA also no use. Also depends on how long the program has been running for, some MA program are scam one just fancy marketing
Wouldn't really call transaction banking ops... Probably more mid office. First year maybe not 55k but second year should be able to hit. Will def hit 55k once promote to Associate