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Hi! I just accepted a Relationship Banker II role in Allen, TX. My offer letter was 50k base and 1k guaranteed commission a month first year. I just graduated w a degree in Business Administration. Basically the info I got on how commission works was pretty vague. Anyway I wanted to see what someone I’m their 1st or 2nd year can realistically expect to on average make in commission a year in this role. Also what do bonuses in the role look like? I’m hoping to just hear some ballpark numbers! JPMorgan Chase JPMorgan Chase
Yearly adjustments, performance influences how much but everyone gets a (sometimes small) bump.
I joined only 3 months before my first review which means I got less of a bump than I would have had it been a full year. I got 3% but know people that got 7% (non promo).