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JPMC BGC offered me ₱18K basic / ~₱21K package despite my 3 years of Citi banking experience. Apparently, my provincial salary is now my “market value.” 🤡 So I recently applied to JPMorgan Chase (JPMC) BGC, Account Specialist I - Retail and Card Services, and their offer honestly left me speechless. For context, I was previously a Phone Banker (Customer Solutions Officer - C09 - US Retail Banking and US Cards) at Citibank, with an Officer rank, and I spent around 3 years in banking. My compensation at Citi was around ₱42K/month package. I eventually resigned because I decided to move back to the province to be closer to my family. While in the province, I worked for around two years and earned approximately ₱14K/month. And yes, I know what you’re thinking:“Why would you expect a Metro Manila salary when you were earning ₱14K?” Exactly. I didn’t. Because I was working in the province, where the cost of living and salary rates are completely different. Now fast forward two years. I decided to return to Metro Manila and go back into banking. I applied to both JPMC and Citi (Again), thinking that my previous three years of banking experience, Officer rank, and previous compensation would at least be considered. JPMC’s offer? ₱18K BASIC. Around ₱21K PACKAGE. For a job in BGC. With my previous banking experience. I asked if the offer could be reconsidered. I...
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The ironic part? Citi hired me back. And they offered me MORE than what I was earning when I left two years ago.
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So I ended up choosing Citi again.
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