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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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2wks/year up to 20?
Partner with 7 YOE received 12 weeks, though only 1 year at the current firm
Not true. I was also laid off at one point in my career and I received 12 weeks with 6 months. It’s very firm dependent
It should be in your offer letter, Pdubs.