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Old 07-12-2011, 11:42 AM
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Originally Posted by Unregistered View Post
My point still stands even if some of the people here are really bankers who are very free. So what? They can only know for sure their own pay and maybe 1 or 2 more close colleagues.

So where do they get all this industry knowledge of pay from? From 3 data points (inc himself)?
If you've worked in a bank, you will have many more data points. Some bank CEO salaries are public info, so you can use simple common sense to extrapolate more data points between AVP and CEO. Sometimes you hear comments like "I only make a quarter of what CEO makes" and you collect more data. And you have other colleagues, ex-colleagues in other banks to exchange info. Some lucky friends will move faster than you and share with you more info.

Simple data collection. Just like in school, you exchange info on grades and marks.

You should continue to work in wherever you are, and collect that miserable pay check month in month out.
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