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When your best is never good enough 🙏
Hi All, just joined. Looking for some salary feedback. I am a risk analyst/credit analyst working for BMO. I working in commercial lending. I am in my fourth year of working post University. I currently make a base salary of $75K plus a 12% bonus. Looking to get salary insight on other roles/companies in this field of work.
Anyone interested in career help? 🙂
As an ADC applying this summer for 2022 start, I haven’t gotten a chance to connect with any L.E.K. Consulting members and I really want to get to know the company better before moving on with my application. Any L.E.K. Consulting fish out there willing to spare a few minutes to chat about their work, the company, the culture etc? Thanks!
Additional Posts in A Diversity & Inclusion Workshop
Is there a Latinos in advertising bowl?!
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I talk about it and agree that people from varying socio-economic backgrounds are a a value add to the D&I conversation. Though obviously unlike other points of diversity, it’s not necessarily visible. I would caution against equating economic disadvantage with the ability to attend expensive private colleges—spoken from a lower middle class kid who happened to be fortunate enough (for a host of reasons) to benefit from elite academic institutions.
Same as diversity imo. Most black students can't afford ad schools/aren't aware of opportunities in advertising for economic/financial reasons.
I do think the school pool you choose as a talent pipeline will effect that. I've been trying to get my company to build connections other than USC / UCLA which are great schools, but aren't that diverse or representative of Los Angeles. Cal States get overlooked, but CSUN and CSULA have student populations that better represent Los Angeles demographics.
I think another potential incentive employers can use is to help people pay their student loans. Financial stress can seriously effect your life and your work. Companies that invest more in their people will see better results. Culturally there has to be a shift as well because higher income people can be real oblivious and ignorant to how the rest of us live.
OP: If you're bringing up economic disparities then you have to acknowledge the racial wealth gap. If you're doing your part, then you should do research to make sure you're helping and not hurting by spreading inaccurate information. The issue is racial and classist. There are many people of color who didn't go to $150k schools but aren't considered to work in these fields because they didn't. And even when they do, it doesn't make it easier for them to enter and advance. If you're interested on hearing different perspectives, you should listen to the Mixed Company podcast.
A handful of things—I think we need to be clear that race and class, particularly in America, are inextricably bound—nearly 1/4 black Americans (and 1/5 latin(x)) live in poverty, compared to ~ 1/10 of white Americans—in spite of their proportional representation in the population. We cannot separate the two and obviously, these facts inform the tenor of this conversation. What I do think is significant, and that is something law firms and other industries have also struggled with, is the concept of recruiting from the 'top’ schools with no heed paid to the lack of diversity within these schools or the people they ultimately enroll. That said, OP, your suggestions of recruiting at smaller, more diverse regional schools makes perfect sense.
*looksaround* From where I'm standing, it's definitely a race issue.
My biggest issue with diversity conversations is how folks tiptoe around topics so as not to "offend" or "alienate" dear white people.
All good points and this is not a race issue. There are challenges for all humans. It’s naive to think or state otherwise. That said yeah. The big schools are great, but hell even 30 years ago those schools were way out of reach for me. Now it’s insanity. That someone pays or gets a loan for a 150k education with the only guarantee of a degree. Film schools are even worse. Of course then there are the kids that get or learn their career in college. Having never met anyone in film or advertising and. It even knowing that it’s ‘a thing’. Meaning they have no idea it’s a real job. Until college and sometimes afterwards. I’d love for someone to spearhead as someone suggested reaching out to smaller schools. I am doing my part. With posts like this and asking this very questions across a wide spectrum.
Cheers
This topic is economic diversity though. Yes there is racial diversity. I know that and it’s not what I am discussing. Point being there are all types of humans that come from disadvantage. It’s a bit elitist to say it’s only a race issues. And elitist to say I’m not considering that, especially when I never have.
Speak on it !
@Nadia. Okay, not equating. Simply stating that it's clearly linked. Singular instances don't change a narrative.