> due to minimial transferable skill set or unable to land a job with matching pay.

This alone explains that the pay is still extremely good. Everyone will say he holds the sh*ttiest job in the world, so we'll just have ignore these subjective claims and compare what's objectively comparable -- the pay!

Until the day when banks pay their staff just slightly above the average white collar wage, people from all walks of life will continue to think bankers are big fat cats who are overpaid for the work they do. Every kid will continue to aspire to work in a bank.

It's undeniable that banks pay the highest salaries.