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Got offer from JPMorgan Chase , but variable pay percent was not mentioned in it. HR told it will be around 10-12% . Is it true? It's for VP/602/Commercial Banking? How much we variable pay will get annually? Can someone help as based on this only in have to decide whether, I can go with counter offer or not?
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Nope but it will be more than from staff one to staff two.
Probably 5-12%, depending on how well the group does, how well your performance is etc