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Originally Posted by BrooklynJo
Awesome. I did visit a recruiting company Robert Half last week and he did say he would try to get me into JP Morgan. He said most likely a contract job but I don’t care just get me anything and I’ll work with it.
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I am in the financial services industry. The banks often hire people through contract-to-hire, instead of direct hire. The FTE offers are really awesome, when you take into account bonus and benefits. You have to make a high salary request, when they offer you the job. I went high and let them knock me down.
At a different bank, I was offered base salary nearly the same as my hourly rate. The bonus added another 10-15%. On the tech side supporting retail banking, non-mgmt VP roles are typically $110k-139k+ base for data, cyber-security, or IT work in low cost of living areas.
If you are on the investment banking side, those numbers may be around $125k-159k. In NYC, the numbers may be another $20k higher.
The hourly rates may be the same at a bank vs other companies, because it's the agencies that control your pay.