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Any one familiar with comp for a Portfolio Associate roll at PIMCO on their mortgage backed securities team? I’m looking at an offer and want make sure I’m in line with the average comp for the company and industry. Only 4 months of experience and offer is 98k w/ 10-20% bonus plus 15k relo/ sign on. Looking at Glassdoor, bonuses seem higher than quoted by the hiring manager. (No written offer yet they say they’re still working on it)
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Chief
Your payroll deducts your student loan payment?
Assuming OP is UK, yes it’s come out pre-tax
Yeah this is normal. The more you earn the more you pay back on your student loan
Did you sign up for an income-based loan repayment plan? If you make more money in your new role, that might explain the increase in the amount owed for your loans per pay period.
Aren’t loan payments paused right now?
This is UK based
320 per month does seem like a lot though. I just checked mine & I pay ~£200 a month and take home £60k per year (not incl bonus, I believe I’m on repayment plan 2.