Board logo

标题: Your opinion ? [打印本页]

作者: koba    时间: 2011-9-17 14:41     标题: Your opinion ?

Hi,

I have received an offer for the new position in Europe : Credit Analyst specialized on Emerging Market (EM). The main role will be to build the company EM credit research team in long run for internal funds.

I have 5 years experience focused primarily on european markets (cash bonds and CDS) and 2012 Level III Candidate. They offer roughly $65K annual fixed pay which sounds pretty low (in my opinion). But they offer to pay my registration fees to the CFA program and for the schweser premium package (free one week off before the exam). The annuel bonus estimation is 50 to 100% of the fixed pay (based on my performance and the market conditions).

The point is that I'm very excited by this new challenge (build new team in LT). But it's very hard to upgrade the fixed pay in general. Can I ask for any guaranted pay upgrade after my level III (if I pass)?

I'm just curious about what you think. Is that fair enough for you.

Cheers,
作者: hassan    时间: 2011-9-17 14:57

Sounds like a crappy deal because they can always hose you on the bonus and that base is a little low (in general, but may be fine depending on where you are going).
作者: Analyze_This    时间: 2011-9-17 15:13

I also thing its crappy based on my 5 years experience. The new position is in buy-side fields. I Will be dedicated to their new emerging market fund ($100m fund).
作者: Darien    时间: 2011-9-17 15:29

I meant where you are going geographically.
作者: bchadwick    时间: 2011-9-17 15:44

$65K in Europe? Where in Europe? Republic of Albania?
作者: jarobi04    时间: 2011-9-17 16:00

Pay doesnt sound good, please reveal the city where it is.

(for London its a salary of a dishwasher, but maybe for eastern europe it is normal).
作者: wilslm    时间: 2011-9-17 16:17

Are you guys serious? This is a pretty good deal by Nigerian standards, though I must confess that the tax rate here is pretty low...
作者: ruchita    时间: 2011-9-17 16:48

65K euros? A bit better. A lot depends on the bonus. Better get a roommate.

If the opportunity is perfect for you otherwise in terms of experience-to-be-gained, though, it might be worth it for two years before making the great leap forward.

.......................
ATH, CFA, CAIA
作者: Carson    时间: 2011-9-17 17:04

me.tega Wrote:
-------------------------------------------------------
> Are you guys serious? This is a pretty good deal
> by Nigerian standards, though I must confess that
> the tax rate here is pretty low...

Well, Nigeria (with its ridiculous unemployment rate) is not in Europe. $65K = approx 10M Naira..., so yeah that'll be a decent deal.
作者: liquidity    时间: 2011-9-17 17:19

I work in Paris.
USD 65K means EUR 46K ? You mean gross salary right ?
作者: Roflnadal    时间: 2011-9-17 17:35

The salary shouldn't be the only point for working in Europe. They can provide you with a bigger package (e.g. pension, etc...
Have a clear view on the total rather than "only" the gross salary.
作者: meghanjackson    时间: 2011-9-17 17:51

In Euro, the gross base salary is roughly 51K. As Pauluss said, Pension and Healthcare insurance are provide by the company. They told me that monthly transports and foods expenses are subside by 50%.

I'm not paying big attention on the gross salary only because the opportunity is perfect. I think, the negociation margin will be bigger after the level 3 in June 2012.

Someone in Paris can give some advise on that please.

Cheers,




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2