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  #1449 (permalink)  
Old 30-05-2021, 09:28 AM
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Originally Posted by Unregistered View Post
What’s the general range for an avp in a foreign bank? Will there be opportunity for in role promotion or have to wait for an avp to leave before getting a chance of promotion?
Where I'm at (foreign bank), internal promotion for an AVP is largely hard to come by. Competition is very stiff and foreign expats at > Director level take up most of the resourcing budget. Also, the bank seems to prefer to hire AVP / VP externally rather than internally promote qualified staff who have been working for a long time.

No concrete proof but based on hearsay, if internally promote to avp it's around 10-20% pay bump. If externally hired, of course they bump from your current salary but from s://, the range could go anywhere from $7k to $12k.
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