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Old 05-02-2013, 06:10 PM
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Quote:
Originally Posted by Handsomeboy View Post
Hi folks,

I humbly ask for some good advice.

I'm a mid 30s SG guy interviewing for a mid/back office VP role. 3 burning questions:

1. What is the pay structure at barclays (e.g. basic + annual fixed package + allowances + variable bonus?). How does the basic differ from the AFP?

2. What is the typical package for a VP with ~8 years of experience?

3. When negotiating the package, does the HR take into account your previous annual package (basic + bonuses + allowances) or just the basic? I came from another bank that had low basic but high bonuses. Hence, it doesn't seem to make any sense even if Barclays was willing to give me a nice percentage increment above my current basic.

Thanks.

I assume you are talking about Cap.

1) Basic + Advanced Fixed Payment + PB + car allowance
Car allowance is monthly.
(Basic + AFP) spread out over 12 months.
PB is once yearly.

2) About 160K p.a.

3) It of course isn't totally about how much you are getting. It's also about what the industry pays for a similar position requiring similar skills.
It will be up to your research + negotiation skills.

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