Credit Suisse

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Does anyone know the market rate for mo/bo officers with 5 yoe? Glassdoor and mycareersfuture seems to give a huge range.

Originally Posted by Unregistered

Does anyone know the market rate for mo/bo officers with 5 yoe? Glassdoor and mycareersfuture seems to give a huge range.

$5500-$6500 depending on your role for direct hiring. For those on program can go as high as $7700 for AVP.

Originally Posted by Unregistered

$5500-$6500 depending on your role for direct hiring. For those on program can go as high as $7700 for AVP.

That's very helpful! May I ask whether you know this because you've worked there before?

I'm curious as glassdoor and mycareersfuture seems to paint a different picture, with 5yoe's pay range at upwards of 8k-10k+. Which is really mind blowing.

Credit suisse is in financial trouble given the recent fallout. Hence, you have to be realistic about the comp package for junior levels.

Originally Posted by Unregistered

$5500-$6500 depending on your role for direct hiring. For those on program can go as high as $7700 for AVP.

Been in CS for 5 years since grad. Currently at 7.4k. So this range is somewhat accurate. But someone jumping in from another bank would probably be able to command more.

Originally Posted by Unregistered

Been in CS for 5 years since grad. Currently at 7.4k. So this range is somewhat accurate. But someone jumping in from another bank would probably be able to command more.

Any rumors of layoffs or cost cutting given the recent fallout?

Originally Posted by Unregistered

Any rumors of layoffs or cost cutting given the recent fallout?

There's been loads of leavers, but also plenty of hiring going on as well.

In terms of cost cutting, I guess the general sentiment is next March's increment and bonus will be mediocre, if any at all.

Originally Posted by Unregistered

There's been loads of leavers, but also plenty of hiring going on as well.

In terms of cost cutting, I guess the general sentiment is next March's increment and bonus will be mediocre, if any at all.

Thanks for sharing - which aspect of MO/BO are you in?

Wow... I have been in CS for more than 5 years now.
And I am with their Digital team.
Average bonus is 3-4 mths.
Best was 2017 at 6 mths
2020 was ok at 3 mths