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Hi Folks - can someone help with the hierarchical structure as per bands in persistent?
Like what is 7.x, 9.x and 11.x ? Is there anything above 11? I m about to receive an offer and would like to negotiate it properly !
My skill set- Microsoft Azure.
YOE- 12
MBA from ISB Persistent Systems Limited
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Guys Could you please help me with a referral in PwC .. preferred Location Kolkata
YOE 1 YR 10 MONTH
Technology - Sql, FTL, Jira, jenkins, Bitbucket,Agile Methodologies , Htmlcss, bootstrap, angular (beginner level), Core java
*Ready to move to New Technology
currently in notice period 29days left ..if you have anything me , please help 😊
Hold or Sell?
WTF IS JANUS and why is it up >7000%
Where have you been ordering takeout?
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Comparison is the the thief of joy.
Totally agree! I genuinely don’t get down about it. I do what I love and I feel well compensated for it
There are so many more people making less than half of this. It boggles my mind how this level of pay isn’t enough.
Depends. If it's a HCOL city, $150k base might not get you far (unless there is a big bonus)
For some further context- from what I’ve seen most analysts in the NYC metropolitan area are getting 100k starting base salaries too if they try to negotiate. I came in as a first year analyst in the CIB making 6 figures with 0 finance experience. Working in Jersey but live in Manhattan, able to ask for nyc comp instead of market rates in Jersey/outside metro area. While I’m likely an exception case (and also, people likely don’t negotiate their starting role often), I think there’s been a big effort on JPMs part to retain junior talent. competitive compensation has been the driving carrot to dangle there
What damn role and location are analyst making 100k NYC and what front office?
Consulting paying our fresh grads 110k right now. It’s a wild time
Totally get it OP- am in a similar situation! Hiring kids with 2-3 YOE at the same money I started making 3-4 years ago at 3-4 times their YOE. Gen Z is blessed.
Did you forget about...inflation?
What division and role though? This sounds bad for CIB front office, especially for that many YOE
yeah I hear ya. I started at $55k with a 20% bonus and kids left and right are signing on with 160+ guaranteed first year TC. I dont know if inflation is that bad or talent that sparse and they are squeezing the margins to get precious grads or what.
I think it’s because the appeal of finance vs other industries ie tech, has gone down over the years, particularly compared with the golden years pre-GFC— therefore they need to pay juniors more