Revealing my BANKER SALARY for the first time
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- เผยแพร่เมื่อ 8 ก.ค. 2023
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In this video, I share exactly what I made as a Banker in London over the last 9 years. I hope this video inspires you to negotiate, get paid your worth or move (if you need to!)
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This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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I hope this encourages you to negotiate, get paid your worth and not be afraid to move if it comes down to it.
wondering why I am seeing this video again what I watched and liked about 1 and half hour ago 👌
Best video so far, defo more of these please.
You're really improving even with the smaller things like body language too
If I could make my channel half as good as yours, ill be very happy... you're an inspiration 😊🙌
Hell, what's there to be afraid of? I moved countries for a better job offer . That's the attitude I go with: Pay me for what I'm worth, or watch me say goodbye. Glad to see that I'm not just the designated A*hole for breaking the "Company Loyalty", but just someone who is more interested in looking after it's own self. Thank you for sharing, great advice as always :)
Nischa
I work at a Bank as well, i left a comment on what i am currently doing. Please check it out.
I think you should make a Video about that subject and HOW people can increase their own Monthly income to get ahead in life. Corporations don’t care about their employees as much as people think….. i have been subject to laid offs before in another Bank. They don’t care how good you are. They will drop you like a fly.
I think people need to stop being frustrated over not getting a raise or being recognized by Corporations that never really cared in the first place. Some people get stuck in life waiting for a New position to open to earn more money.
I started my Investment portfolio to complement my Monthly salary and increase my income on my own. I no longer wait for anyone else. I think people need to learn this cuz these companies don’t care about your future plans in life.
Thank you!
“Loyalty is great but only when it’s rewarded” 🏆
Got to show loyalty first!
@@hpLondon loooool
@@hpLondontrue, but withdraw it when it's not rewarded.
Damn, totally agree
No such thing as loyalty these days. Companies can fire you anytime they want.
Being this transparent and vulnerable is so difficult, and yet it's such a gift to those of us watching. Thank you for doing this, Nischa
Agreed. What a gift for those of us watching to see such transparency!
I really appreciate this - thank you
Vulnerable? Why?
Why do people always seem to care if others know their salary? What is so special about that.
@@Ahru89 People tend to compare their salary with their own worth.
“You don’t get paid your worth, you get paid your ability to negotiate” 👏 saving this to my notes because it’s articulated what I’ve learned over a similar time frame in a similar field, both professionally and personally. I appreciate your candour and for curating a very special area of the internet 💙
The generation before us taught us that you absolutely NEVER discuss salary because it's in poor taste.... and that is why so many people have no idea what they should be making. Having conversations with co-workers about what they make has been life changing for me. Nischa, thank you so much for this. It needs to be normalized discussion. You're fantastic and I love your content. :-)
This channel is a gold mine!
Thank you!
@@nischa You are so pretty. Let me take you on a date 😉
Terrible pun😅
I dont even work in finance, but you are honestly such an inspiration. I love how you explain in simple terms and you are motivating me to make better choices
Thank you so much!
As someone who works in the Front Office in investment banking in Lon this was very refreshing to see. No one likes talking about the numbers of their salaries yet it’s what we complain about the most. Thank you for being brave, very informative- I’m forwarding this to colleagues.
thank you so much
I stayed with my last company for 18 years and it was a constant battle to be paid fairly. Despite being one of the most experienced team members I often learnt new starters were paid more then me and I had to train them! My advice to anyone now is to talk to your colleagues about salaries to ensure you’re paid in line with them and move jobs, it’s by far the best way to earn more and of course gain more experience. Regardless of how many times a company or manager tells you you’re valuable, an asset and all that fluffy rubbish, in reality you are a number on a balance sheet (a cost), and they’ll shaft you if they can.
Um doomed 😭😭😭the fact you spelled learned as learnt proves I'm not smart enough to have a high paying job.
I hear you. Same here. I was the most experienced, accredited and knowledgeable member of my team and I was 30% under in salary. I quit during the pandemic and started my consulting business. It’s less certain, yet more rewarding for my brain and pocket.
I had the same situation.. I was recently laid off/fired/quit (super weird situation), it became toxic, but this taught me so much.
dont stay at a job without either money or learning, dont stay in a place that cant give you what you want (money/title/tuition/XP), dont just go the paycheck route, be active in your career, dont get stuck.
And the main one - its only your responsibility to find what is best for you and fight for your title and compensation.
@@aim-for-greatn3z947 “learnt” is correct tense. Unfortunately these days, so is “learned”
This is such an excellent advice! And I love that you’re transparent with your experiences. I work at a bank as well and see first hand how switching organizations can bump your salary significantly.
Although I’ve had opportunities to switch and probably make more, I’ve stuck with my bank for reasons other than money (work life balance and career progression, among others).
Another advice I would give is never stop learning and enhancing your skill set.
Great video as always!
First off, THANK YOU. I agree that being transparent about how much we are being paid for our labor (intellectual or physical) is crucial to not being taken advantage of. I, too, didn't learn to advocate for myself or even simply negotiate my job offers. I feel you about having your all your financials out there. That is really difficult thing to do. Have been enjoying the channel and advice. Thank you again!
I really love your channel and love how transparent you, we need more people like you. I would love to be making what your making, but you have put in the hard work and deserve it! Well done! I really hope you continue to succeed in your line of work and youtube and the other side hustles you have. Such a great inspiration to the nation of workers wanting better for themselves :)
I think you did a great job here! We can tell it wasn't easy for you to put this content out, but you are helping so many people realise their worth! May your channel continue to thrive 🙏🏽
Thanks for making this video. Transparency earns you a lot of trust, believe me.
A lot of channels on TH-cam speak in broad terms and the public is left wondering if they are not exaggerating or straight up lying.
Transparency is wonderful and we appreciate the content you are creating. The car videos are eye-opening.
Love this!! The most real video I’ve seen for a very long time. As a society, we’re taught to not talk about “money” like it’s a taboo subject. Thank you for educating us! You’re a true inspiration
Dear Nischa, it is so refreshing to hear a woman talk about money in a positive, knowledgeable and confident manner. You are contributing to removing the taboo that surrounds money and the desire to make more. Thank you! A fan in Canada.
Thank you for sharing something so personal and doing so in a mature and dignified manner. In a future video it would be great to see you discuss approaches to salary negotiation both in the context of remaining in a role and when moving roles/companies.
I really applaud this video Nischa! I am currently an executive at a FTSE 100 company and I am in complete agreement that pay transparency is a systemic problem in the workplace. Also, I love the point about moving companies where you are undervalued. I think new job anxiety coupled with imposter syndrome is the main barrier to individuals achieving rapid career progression.
Would love to chat about this if you have availability and are agreeable. Regardless, your channel is fantastic - please keep up the fantastic work!
Nischa, I am a recent subscriber and want to say thank you for your honesty, transparency, and vulnerability with opening up about your salary in addition to making ok to move from one organization to another if you are not being paid your worth. I would definitely appreciate more of these types of videos in addition to your other content, I find it to be incredibly helpful! Thank you again for the amazing content, I truly appreciate it! 😊
This is a really brave thing to do. Serious respect to you for putting this out there and being so transparent
Thank you for being so transparent, it really should be encouraged more. I switched careers at 39 to try and earn more and for the first time ever I’ve had to renegotiate my salary every year for 6 years. Previously the salary in my old job was the same for everyone but increased each year for 10 years unless you got promoted. It’s been uncomfortable asking for more in my new field but I’ve justified it and thanks to your content found it much easier this year. Thank you Nischa.
I have to say, this is truly inspiring! Your transparency and willingness to discuss the importance of negotiating and being paid what you're worth are invaluable lessons. Thank you for sharing your story and encouraging others to evaluate their worth and make informed decisions. Your video is a fantastic resource, and I believe it will inspire many to take the necessary steps towards a rewarding and fulfilling career. Keep up the great work!
I am so completely impressed by your honesty, openness and candour, it takes great courage to do this and I wish that more would do what you have done and break the cycle of advantage-taking by employers. You present yourself as a consummate professional, and that, I am sure is what your employers see in your potential. Well done, many more like this, with real numbers please.
Exposing your financial situation like this requires a lot of courage. Love it when creators like yourself push themselves beyond their comfort zone. This video will for sure make you even more trust worthy. Loved it! although i feel the catch/unclarity is now in your bonus package...
Thank you for being transparent! This information is helping people worldwide and across many age groups! As someone who is 24 and still trying to figure out all this financially, it’s really helpful to hear you speak about this. Please keep it up!
“Loyalty is great, but only when it’s rewarded” what a sentence 👌🏼 that will stick with me forever! X
Congratulations Nischa on the promotions and pay rises 👍👍 You should be proud of yourself and what you have achieved, in addition to your generosity of being so transparent and open with us all. Invaluable video that will help many people navigate the corporate salary game
Thank you for being so honest! I used to work at a bank and it really was a case of negotiation like you say. I was part of a graduate scheme and we all talked about money with each other which I think really helped as we started to get paid differently. Now, a lot of us work at different companies and share our salaries still and it's a good indicator of how well you're being compensated, and allows you to consider would you be better off moving somewhere else. I currently work somewhere that doesn't pay as much as I know I could get, but I've stayed for the culture and the work life balance. This content is super interesting and you are very well spoken and always giving good advice 😊❤️
Amazing content Nischa.
You're helping so many people around the globe. Please, never stop.👸 👑
thank you
@@nischa Your content is amazing and the inside information is better and more realistic than the ranges of numbers online. Thanks for the amazing content Miss Nischa.
I have a very desperate question. I am not allowed to work in anything that is involved with interest. However, I really want to work in finance with a high paying role. Do you have any suggestions for me?
Also, I am just about to start my A-levels journey, is it necessary for me to have Economics as an a-level? I'm thinking of doing maths, biology and chemistry as these are the subjects I'm best in.
she definitely is!!!
@@tigerbee-rp8leas a Muslim its much better to stay away from finance unless you work within Islamic banks that provide halal products
This is by far one of the best videos I came across in your channel. I usually do not comment but this content is so great that I could not stop myself. I really hope you and others do start creating such content so that it helps us in making informed decisions about our career.
Thank you for sharing, the comment “you are paid by your ability to negotiate” really resonated with me. No one likes to start over but sometimes that is the only way some will ever get their worth. I appreciate your transparency and look forward to more helpful information. Keep up the good work!
Thanks so much Nischa for being incredibly transparent with the world! I've greatly enjoyed your content and learnt a great deal from it, and there are so many valuable lessons in this one. Hope the new job is treating you well!
Really good advice - I’ve worked in the tech sector for 30 years (software development) and without question, the largest salary increases I’ve had, have been when I’ve moved jobs.
We appreciate the transparency. It’s not an easy thing to do when you know your colleagues or family members will watch this.🙏🏼
This is such high value content. I appreciate you finding the courage and taking the time to make this video. Your openness and transparency is beyond helpful. Thank you.
Please do keep sharing videos like this! We need more people being transparent about income, salaries, general costs of things. Your channel is very appreciated!
I will join in the praise thanking you for sharing. Though I'm sure it was a difficult thing to do, real information is so valuable. I don't think anyone here doubts your intent &/or knowledge which renders it even more meaningful. I also love that you take things to percentages. It's such a valid way to evaluate numbers that many even among the financial world, don't do.
You honestly and transparency is inspiring. I’m not in banking but this is really thought provoking and has made me reflect on my own career.
I watched this video so many times, and I am learning new things every time I watch it. Thank you for being so transparent, Nischa. It is the video I return to every time I feel like I am in a financial slump, and it always motivates me to keep going.
Love this video SO much. I work in govt in Australia and we all know what each of classification levels are paid, knowing what we all earn is out in the open, makes it so much easier for people to discuss money and not be afraid to. Xx
Great video, Nischa! 💜Would love to see one with tips on how to negotiate salary, both when entering a new organisation and navigating the one you're in. Thanks as always for the great content!
Great video Nischa, it takes a lot of courage to be open and transparent like this, thanks for sharing.
Salary transparency is something which needs addressing in the UK workplace. On an induction at an early job in architecture, I was actually told it was forbidden to discuss salary with colleagues! There’s so much discrimination in workplace pay because of it, and people are not taught how to negotiate being paid their worth, or even realise their own worth because of it.
Hopefully things will improve as people become more open about discussing this topic. Thanks again!
Your posts are so honest , transparent and informative. Usually most people are very secretive about their salary. Your information gives young incumbents information that they can use in assessing their own salary structures. I am retired but find your chats so interesting that I have introduced my sons , nieces and nephews to your platform. Thank you for your information and sincerity.
As a social worker and a uni graduate, I earn less than a third of that 😅. I’ve always known we were underpaid but this has really tipped the value scale… Thank you for sharing, invaluable advice. X
I think you create a lot of value and you literally change lives. It is just that this world is designed in a weird way where what we value is often skewed.
It’s the same way in the U.S. where it’s incredibly expensive to get degrees and some fields don’t pay enough to cover the education cost. Social Work is one of the most needed jobs in society and should be more valued. The work you are doing is important and necessary.
Great insights, thanks for sharing! As a software developer with a list of project ideas as long as my arm and a tendency to procrastinate, your channel is invaluable, motivating and always providing an interesting watch!
that is the definition of real talk
I hope that this form of transparency spreads around (including where I work!)
Sharing this personal information is a very brave thing to do. I love your confidence. Your videos certainly open my mind although I'm in a different field, but I'm trying to apply principles and learn more about finances. Thank you for your valuable advice! 😊
I LOVE when people share actual numbers. It’s so motivating to me especially when I know them. Idk why people r so secretive with it 🤷♀️ there’s no shame regardless how much or little u make . Thank u for the video ❤
Appreciate this Nischa - as a graduate consultant in London this means a lot!
I love the transparency! thank you! I love that more and more ppl understand the value of sharing this information and that at the end it only hurts us.
Thanks for sharing this Nischa! It takes a lot of courage to post this online. Hopefully, with more people like you, the job market might become more fair and equitable.
Congrats for being so open and brave to talk about your numbers. if more people (especially women!) would be able to do this - it would result in more fair compensation and less pay gaps, whether they are gender gaps, race/ethnic gaps etc. you are right: the secrecy around salary brackets works against empolyees. thank you, brilliant content.
Salary transparency is incredible valuable, particularly for women. Thank you 👏
I negotiated on my salary for a promotion last year for the first time *ever* (I was in my mid-30s by then), and it’s definitely worth doing. It’s definitely also worth moving around - either within the organization (if it’s a large one) or to a completely different organization. You can command far greater earnings this way, and this things have tremendous impact on your long-term financial health and career progression.
Great video, Nischa! Take the content where you feels is most helpful, its why I'm here - the general direction and theme of your channel is all beneficial to someone looking for rounded tips and advice on personal finance and career development. My salary seemed to top out at around the £55k mark in IT Change Mgt. which is when I left to go freelance (after 15 yrs) so I agree with the advice, don't be afraid to leave. Change is good most of the time! I'll also stop calling it IT project management, from now on its back office for me! Thanks
Thank you so much for your honesty! I say to people all the time, when negotiating your salary, add at least £5-10K (depending on the industry) to your currently salary and that at least gives you room for negotiation.
I also did a grad scheme and worked in banking for a while before moving to fintechs whilst negotiating higher salaries! 🙌🏾 It seems like your skill set is appreciated more externally than internally - especially when you know how to market yourself!
This is incredible. Thank you for being so transparent. You've helped me so much, and I've shared your wisdom with my friends too, and one of them just got a 20% raise because I told her to not be afraid to talk about her salary with colleagues.
I think it's great you are willing to be so transparent. I don't really have an issue, in general, with discussing how much I make with anyone, however, I do consider the context in which that information is being asked about or if I will be willing to share, (as in, what are you going to do with that information).
On another note, just stumbled upon your videos today, subscribed and have been watching more than a few. I'll say "great content" for the following reasons; great value in the information shared, well produced, engaging, your authenticity, and maybe the best part, motivating!
Thanks for putting in the time to create your content and for sharing it with the world!
Very well done, Nischa and equally well explained. I am 62 and retired now and circumstances back then were not directly comparable, but the main point is that you need to find someone to discuss such topics with openly - as counterintuitive this may seem.
I would also like to mention that your authenticity struck me most - it follows that if you tried to hold back it wouldn't play out as well for you and on the other hand that you will always be strong enough to handle any issues that arise from your decision to open up.
Thank you for your transparency, I think this will help a lot of people. I know it wasn't easy to do
I've recently changed career paths entirely and feel like I'm starting from scratch - this gives me so much hope that hard work, time and negotiation can make me feel like I'm being paid my worth. thank you for your transparency and guidance as always!
Wow. I’m super impressed with your transparency and honesty. I think you bring a measure of reality to peoples assumptions about banking salaries which must be a good thing. Thank you, and please keep up the good work. Numbers always appreciated in sterling first.
Thanks so much for sharing. I live in London too and empathise with how hard it must've been to share. Hugely valuable, keep going Nischa!
Wow, thank you for your incredible transparency and sharing your journey as a banker. It takes courage to open up about such a personal aspect of your career. Your willingness to share your salary is not only refreshing but also empowering. It allows aspiring individuals, like myself, to gain a deeper understanding of the financial landscape in the banking industry and the potential for growth.
This revelation sparks thought-provoking questions about financial fulfillment and success. What metrics should we use to define our own financial goals and measure our progress? How can we strike a balance between pursuing a rewarding career and maintaining a fulfilling personal life?
I'm eager to learn more about the lessons you've gained throughout your journey and the insights you can offer to those of us aspiring to excel in the world of finance.
Thank you for your transparency and for being a source of inspiration. Your openness encourages us to have honest conversations about money, career choices, and achieving our financial goals. I'm excited to continue following your journey and learn from your expertise.
I think the fact that the range is super similar here in the US for the same type of job and title name (over the time span you mentioned, 2012 onwards) is so surprising to me personally.
I'm in the same boat as you and i appreciate you sharing this type of info and know that a lot of impact is received through this type of sharing of knowledge Nischa 🙌
I thought the US pay was a fair bit higher - this is interesting!
@@nischa Yes, the bonus structure can def. speak volumes when it does yet from a base salary perspective, surprisingly closer range than not!
Excellent information. I’m now retired (75 years old) and can say your experiences and advice are spot on. I began my career at a regional CPA (chartered Accountants) in San Francisco, CA, as a staff accountant in the tax department. Few of us would discuss compensation other than to say “if you don’t ask, you don’t get”. Knowing the total compensation package is, of course, necessary to evaluate the wisdom of a move. Other factors such as potential for advancement, broadening of experience and just a better “cultural “ fit, to name a few, are more difficult to measure but certainly factor into any decision.
I applaud your transparency. Only through this type of content and further discussions will people realise the importance of negotiating and knowing what you are worth salary wise. Thank you!
Thank you for sharing your journey! It can be hard to open up to potential judgment, but the best thing that ever happened to my compensation progression was hearing from other professionals about what they make.
My salary numbers as a US-based software engineer (not in silicon valley) roughly match yours, though we don't get large bonuses unless we're in HFT or similar. I nearly doubled my compensation in my first 4-5 years, and that never would have happened without jumping jobs.
Of particular note, at least in my profession, is that you have to settle down for a bit when you want to transition to more senior levels and focus on larger-scale accomplishments over longer time frames.
The highest paid technical IT job I ever personally saw in the UK was a C++ developer, doing HFT systems in the London finance world.
Basic salary was something like £600k (~$770k) with an On Target Bonus of up to something like 20%. You also got 10% pension contributions, shares, and the other gamut of standard benefits.
I'd say that role and such high standards would mean only a near-enough literal genius would ever be hired. I'm 36 and if I was able to do that job for just four years and save/invest wisely, I'd probably retire from the tech world entirely.
Great video, thanks for being so open! Could you make a video talking about negotiation skills ? Thanks again 🙂
Yes to negotiating a salary! This is my favourite and most helpful video of yours so far, Nischa! I too work for a bank and a lot of the things you said resonate with me. Would love to learn how to negotiate my salary. I always go for the first offer thinking I might not get the job if I push for a higher one. Would love to get your thoughts and tips too!
How many years it took you to become CA
Thank you for being so open to talk about things that are normally considered as taboo
Keep up the great content 🙌
Glad that I find your channel. Kudos to you for being so transparent
Can you do a video on how to negotiate? Thank you so much for this video! ❤
Brilliant! Hats off to you and you are so inspiring!
I’m wanting to move jobs but tied down to localised regional areas due to visa restrictions and lack of career progression opportunities to a managerial role. I work at a startup company and they dont exactly hand out pay raises. I feel stuck in my job.
Could you please do a video on salary negotiation??
Very courageous of you to do this! Kuddos to you. The YT community needs more people like you.
Thank you for being so transparent with your professional life and all the wisdom you impart!
I wanted to convey my appreciation for you sharing this information so publicly. It's refreshing and as someone living in the UK, it feels more relevant than any US based YTer sharing this.
Having been a medical doctor in the NHS since 2020, I can't even begin to imagine receiving these sorts of numbers, especially for the hours and lifestyle of a trainee, and it genuinely has me wondering whether I should enter a field such as finance and go back into education for it.
What is the work lifestyle like for you (geographical opportunities, hours, WFH etc) and what training/degree/qualification is required to go down this route?
The world needs more doctors and less bankers.
Fair thing to wonder, but remember that there is nothing noble whatsoever about investment banking, whereas being a medic is something where you can truly benefit others.
Hi Nischa, great content. I would love if you could do a video on how to negotiate your pay. I’ve seen lots of them mentioning this but no one has said what strategies to use when having this conversation to highlight your worth for that pay rise. I was loyal to one company for almost 8 years but had such poor pay increases over the years and then moved to another company and got a 50% pay rise.
Appreciate you sharing this information, you are brave and so much potential in you!
Please Nischa provide more videos with this level of transparency. I am currently working in the corporate side of the Medical Industry and experiencing exponential life changes that do not benefit from my current income at all. I contemplate applying elsewhere daily, but apprehension has bested me every time. Seeing the possibilities in this video however has given me the courage to make a much needed change. Thank you!
Thanks for sharing this, it puts things into perspective.
I started much lower and was able to reach the same level as you from year 4. These were my salaries over the past 3 years:
19500 8 months
22000 6 months
24500 6 months
32500 4 months
37500 8 months
38500 4 months
I became a qualified accountant 2 years in which is when my salary went to 37500. I'm leaving now and my new salary will be 52500.
It's definitely best to move as I was being massively underpaid in my current company
New salad will be 52500 per ?
Thank you this helped a lot as a back office worker in the financial trade in London.. I’ve been trying so hard to get into front office but opportunities are not given as easily.. I find the hiring managers ‘friend’ always gets it.
You’ve inspired me to not be afraid to perhaps consider moving jobs all together.
For the salary and the work culture 🙏🏽
Thanks for putting in numbers.. being a Brit that wasn’t an easy thing to do.
I work in the tech industry and our CTO pointed out that while it's easy to find tech talent in London, it's extremely expensive and the retention can be crap because it's so competitive. Hence he sees it as a false economy and points out tradeoffs that can be made.
We're actively reducing hiring efforts in our London locations and are looking elsewhere. Birmingham has been quite fruitful so far.
Thanks for coming out bravely & sharing the numbers. I agree to all your points about moving across different areas within the bank to switching the jobs - since not only it benefits money wise but also helps you to growth (work on different projects). However there is a flip side where working on same division/dept sometimes help you to climb corporate ladder and eventually higher pay.
Excellent, thanks for being transparent and honest. Great tip on moving on instead of loyalty. Staying loyal to ourselves.
Don't avoid videos like this in the future! This video is the epitome of feminine leadership, so soft and transparent. We need more of this!
Brave and Amazing of you - thanks Nischa
I should add because you ask at the end if this is the kind of content we want - YES. All your content is good, but many if not most folks trying to give advice operate with completely hidden numbers assuming seven figure salaries or are so general the advice doesn't hit. Sharing real numbers helps SO much. Thank you.
@@lastyrsman i appreciate this, thank you so much!
Thank you for being so transparent and honest people don’t usually do this, we thank you for being so selfless and brave 👏🏾
Kudos to you for putting it all out there 👏🏻 and thanks for all the learning and the useful financial advice, great content.
Thank you for sharing., Really appreciate your imsights
NISCHA, You have boosted me to upgrade my income. Wish you were born before me.
Great video and tremendous props for revealing your true salary. There's definitely something to be said about not being afraid to move companies, as you can get too comfortable. I started as an apprentice at one company and an employee told me at the time that as you start as a junior, you'll always been seen as a junior and that has always stayed with me. You have to move around to find the correct lifestyle for you and whilst not being cocky it's also important to know your worth! Loyalty works both ways and all too often employers take advantage of their employees not realising or are being naive to the real competitive salaries being offering elsewhere. So it does pay to have your wits about you and know your worth / market rate etc.
Yes yes yes ! Love this - so happy to see more people being transparent on salary 🚀🔥
I appreciate your honesty and candor, Nischa. Would be curious to know what your % bonus payouts during these periods were and how these were calculated and justified by management? Did you feel these were reasonably calculated and that the criteria used to determine them were mutually understood and agreed upon?
I’m not in finance but moving companies can really increase you’re pay. I was at a company for 8 years, started on £26k and left on £38k. Since leaving there two years ago, I’m just about to start my second job since and salary is £60k base
I so much appreciate your transparency and honesty regarding your income. I was raised with the belief that money is absolutely under no circumstance discussed. I knew we had money, I never knew exactly how much. I still don’t, to this day. I want to change that for myself. And also: women in banking! Yay! Love to see it. ❤️
Please keep this kind of content part of your channel, I'm from New York and I'd say most people who walk into banks every day have no idea how banks really work and I imagine many like myself would be intrigued to find out more. Keep it up!
Can you also do an update on your TH-cam earnings with 550k subscribers? People would love to see that.
Hi - Loved this video! Can you do a video on Pension contribution and if it is worth it and how tax efficient it is? Would be so beneficial :)
So much respect to you because there are so many barriers in talking about pay. My best friend and I are open about it especially seeing as he earns multiples working as a financial director. The thing is when you do away jealousy and all of that nonsense and look at it as just a figure it becomes normal to discuss.
your disclosure will help a lot of people make life decisions. Your honesty and candidness much appreciated.
Had a brief moment of pride thinking your banker salary is relatively similar to my salary as a Big 4 Auditor at almost all stages.... then I realised the bonus was missing 😉
Great Video!
It does make a difference, that said - there was a year where I (and the rest of the bank) got zero ... so it does massively fluctuate!