Bank earnings have been going through the roof, but my salary definitely has NOT been lol. I feel like the job market is so tight though that I don't have much leverage to ask for a raise. Not sure what to do as I am just feeling stuck!

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Banks have paid fairly well historically… I’ve worked in the banking arm of FIs for 10 years… I’ve always felt well compensated for my role and responsibilities… granted it’s always been for the Big 4 banks…

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I started as a personal banker making ~$42K + bonuses in 2015… crushed my sales goals and rose quickly… eventually landed in the Wealth Management arm as an advisor… now a producing manager…

There’s hope if you’re in the right line of business…

In tight job markets, I try to focus on networking as much as possible. At the end of the day, friends like to help friends into new roles.

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I've been thinking a lot about this and decided I am terrible at networking. What are some things I can do to get my foot in the door?

Banks are all cutting headcount.

Jpm cutting by at minimum 10% but say that conservative. Truist has cut 25% of the company I'm the last 2 years.

Serious level of automation coming for banks

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Definitely can see that writing on the wall. Hoping I have a job for at least another year

Not are they only making tons of money but the greedy bastards are laying off employees . Be thankful you have a job.

You have 0 leverage to ask for more than they’re willing to give

Not very comforting but seems about right.

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