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5 years not possible, but 6-7 possible if:
- you're consistently top of your class and getting the best compensation - Make VP during your 6th/7th year. (It's usually the VP jump that helps you reach the 10k) Of course, this is an uncommon case, and not the norm. (Coming from someone who started at BB Ops and just hit 10k due to VP promotion. 6.5 YOE (Local uni intake is mid year). |
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Do not, I repeat do not stay in a local bank BO role for more than 3 years.. it's a dead end job with no prospects and progression...
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Currently drawing 8k at a European bank's MO (risk & compliance, avp). Pay has been quite stagnant since I joined two years back at 7k+. Is it too much to expect 10k (25% raise) in my next hop?
~7 years of experience. |
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