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switching firms
Posted: March 19th, 2006, 2:18 am
by nonParametric
Is there a typical percentage of pay increase when switching firms (similar jobs though the new one has somewhat more responsibilities and the firm is also better)? Area is MBS/ABS, firms (current and new) are among Bear, Citi, CSFB, Goldman, Lehman, and UBS.
switching firms
Posted: March 19th, 2006, 7:48 pm
by ntruwant
Changing always means leaving something that you have build up. So I personally think that you should at least gain 20% more in your new job. Promises for more career opportunities, ... are just what they are: promises
switching firms
Posted: March 19th, 2006, 10:33 pm
by skeptible
QuoteOriginally posted by: ntruwantChanging always means leaving something that you have build up. So I personally think that you should at least gain 20% more in your new job. Promises for more career opportunities, ... are just what they are: promisesThere's no hard and fast rule. Sometimes you leave to get away from something you absolutely hate, which is worth something and can be monetized.So you might consider less than 20% if this is the case.