Quote:
Originally Posted by Unregistered
Dimwit, Career future gives you a range, BB ops increment can go as low as 1-3% for average performer. You obviously haven't been in a BB before.
|
I am actually at a BB - what about yourself, “dimwit”? Average performer can expect ~7-8% increment on non-promotion years. If you are part of the graduate program, increment is close to 15% (2 or 3 year programme depending on which BB) & ~15-20% on promotion years.
To address your second post - if you are half decent, you will be able to reach VP in 8 years tops (whether that’s at the same BB or hopping to another BB/Foreign Bank. Btw, if you make VP in 8 years, your starting base will be higher than 10k, probably close to 11-12k. It’s by YOE, not necessarily by level.
Usually those who couldn’t get promoted are those who are not ambitious but still manage to get the job done (aka they are not severely underperforming). Even so, they are at the associate level whereby the salary ceiling can go up to 14k (again, depends on which BB). Stop acting like you’re itk pls, it’s disgusting.