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• Why hasn't Deutsche Bank increased their base salary??
  
  Try surviving as a 2nd year banker on £42k base!!!!!

  Disgruntled Swede 09 Jun 2009

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• Try living on a £35k base as a 2nd year banker!

  Ploppy 09 Jun 2009

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• £42k base?! God, may as well have not worked hard at uni and ended up in accountancy!

  Hjalmar Lindholm 10 Jun 2009

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• Oh no!!. An entry level salary....
  Three obvious points to remember:
  1. Like most things in life, banking comp is structured in a pyramid. With few people at the top earning large, and many at the bottom earning solid but not exorbitant amounts. So use the pyramid as a source of motivation to work hard and progress.
  2. This industry is cyclical.
  3. You have to genuinely love the job. To do it only for the money only leads you to resent the sacrifices you have to make to progress. Not every part will be barrels of laughs. But you have to recognise that there are 1000 other jobs that are nowhere near as interesting as working in banking.

  Guest 10 Jun 2009

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