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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
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How much do VPs at Summit or TA make?
Many bags about to be held
Any international transfer suffering from ACCA?
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Wish i made moreeeeeee money...
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$34.50
Your best bet for increasing comp is to get an offer somewhere else and take it
10% hard cap
^ not true but you need to play it in intervals. Also depends if you're in GB vs. CMB...ex VP here
how can the 10% hard cap be enforced? does that include bonuses? doesn't seem right but maybe i'm wrong
$1 82 90
He didn't ask about bonus. 10% might not be true every year but was this year.
As far as I know or applied to all of GBM but might have just been GB
It doesn't get very high because the top performers usually leave HSBC lol
$3.50 (tree fidday) said the lockness moster 🐲
@HSBCop what area of the bank are you in? What level are you?!
GB
AD
As an AD, how would you answer your original question?
lol isn't AD same as VP?
I can only fantasize. Hence the question.
Lots of lolling from the corporate banking peanut gallery around here