Hi All,
I am currently contracting at an American Inv. Bank and have received an offer for permanent employment at a German Inv. Bank.
Current role: Project Manager, £500 per day, easy-going environment, 3 months rolling contract and I am in the 1st month, Prog. duration - 18 months. Work is okayish, location is closer to home.
Permanent Offer: AVP (Project Manager), £74k base + bonus. Joining a programme expected to last 2 years. Nice interviews. Offered the role after 2 interviews, whole process took 2 weeks. Budget sign-off delayed my offer but the bank came back in a month to finalize the offer.
Other Information that may be useful: Age - 28 yrs, getting married this year-end, have been contracting for 2 yrs now and never been out of work for more than 2 months at a stretch. Total 5 yrs of work exp.
The confusing bit is - with the bonus included, if paid (figures not disclosed by the potential new employer), would ithe perm offer be as good as my current contract? Plus, my current role is on a programme that is discretionary, so I can be kicked out anyday. Also, how long does it take to move into the next grade (VP) and then Director at an above-average performance in an inv. bank? I know working hrs may increase as I move into perm. employment.
Comments welcome from the experienced folks here! Thanks!
I am currently contracting at an American Inv. Bank and have received an offer for permanent employment at a German Inv. Bank.
Current role: Project Manager, £500 per day, easy-going environment, 3 months rolling contract and I am in the 1st month, Prog. duration - 18 months. Work is okayish, location is closer to home.
Permanent Offer: AVP (Project Manager), £74k base + bonus. Joining a programme expected to last 2 years. Nice interviews. Offered the role after 2 interviews, whole process took 2 weeks. Budget sign-off delayed my offer but the bank came back in a month to finalize the offer.
Other Information that may be useful: Age - 28 yrs, getting married this year-end, have been contracting for 2 yrs now and never been out of work for more than 2 months at a stretch. Total 5 yrs of work exp.
The confusing bit is - with the bonus included, if paid (figures not disclosed by the potential new employer), would ithe perm offer be as good as my current contract? Plus, my current role is on a programme that is discretionary, so I can be kicked out anyday. Also, how long does it take to move into the next grade (VP) and then Director at an above-average performance in an inv. bank? I know working hrs may increase as I move into perm. employment.
Comments welcome from the experienced folks here! Thanks!
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