Wednesday, May 21, 2008

Banking

Receive two comments related to banking....

Grad in 2005...
In Banking Front office, junior on sales & trading desk

Worked for 3 years, still considered junior. Am now drawing 60k/annum
with last bonus 8 months worth, so about 100k/annum.

Risk? I see people
get fired left right centre all the time. In my 3 years as a junior i've had 3
different bosses. and tons of different colleagues.. Crazy turnover..

Only work for 3 yrs and already annual pay of 100k!!!!

Well the turnover is fierce, but I am sure your ex-boss earning big buck in another bank right now....

investment bankers r definitely well-paid at ard $7000 to $9000 for fresh grads
but they worked insane hours
and damn hard to get in.. most prob nothing less than 1st class

that kind of pay most prob is principal engineer level ( usually >10 yrs experience)

Exactly.... imagine an engineer with 10 yrs experience (or even more) getting the same pay as fresh graduate....

Well... the working hour maybe long... but you only need to work for 5 yrs.. that will be equivalent to others work for 20 yrs............ then you can retire... why not............


Click here for more salary information on Financial



1 comment:

Anonymous said...

But you may end up in losing your health, think again whether is worthy?? I know the job also very pressurize, before 5 years you already there in grave..

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