Interviews done for VP position(IC) role in JPMC and Lead software Engineer role in Wells Fargo JPMC is taking long time in offer negotiation. Informed Wells Fargo that I am waiting to hear from JPMC, Wells Fargo seems like to match that offer and may give little more than JPMC Any recommendations on job security and work life balance YOE:14.6 TC:40L
Jpmc wlb is pretty chill. Pay isn’t the best though. I’d assume JP may be a bit safer given the economy
JPM for the brand as compared to WF
Does WF has annual bonuses on top? WF is currently expanding in india so hiring aggressively however in longer run JPMC offers better brand better pay and lots of opportunities. If the pay diff is around 2L or less go with jpmc
Yeah.. too aggressive I guess.. by hiring aggressive guys like the air India pissgate WF VP flying business class on WF dime
How much are you negotiating on with jpmc?
Is 40L current salary or offered by JPMC/Wells Fargo? Do these IBs cross 1 Cr for that YoE?
40L is current TC … 42 to 44 is the range for VP in JPMC is what i am hearing.
VP range is from 35-70L easily. Demand atleast 55
Newly hired vps in tech are between 55 and 75
Is this range for Hyderabad location ?
@op, I work in Hyd. one of the VPs with around 17 yrs exp in our team went to WF for 60L base. So existing VPs might make 40-45L here only then he would jump for 60L. But you can demand 60L to start with. By the way associates with 10-12 yoe were at around 35L right now.
Also location?
Hyderabad
And just so you know, coming to banks like jpmc or wf would be a downgrade from Oracle. My teammate who joined us couple of months back is regretting it. He too was from Oracle.
Any specific reason for regret ?
Our VP is lazy. No proper planning for tasks. Everything will be dumped on developers at the last moment. 40% teammates are hired from service industries who are technically weak. This is very specific to our team, there are other teams that are doing good. But don't expect the same developer quality that you have seen in Oracle. Hiring bar for banks is obviously lower than Oracle.
IB will be a whole together different world than Oracle. You will soon realize what is meant by second class citizen as tech or more commonly known as "IT"..
Oh awesome feedback. I am sure with your perfect english you are on your way to becoming the richest man on the face of the earth! Learn to be kind first before responding to others!!
Please learn that english is not the proof of intelligence.