Does gpa determines your salary ?
I don’t have a stellar gpa like , it’s still above average but not like a 3.8. I wanted to know how people who had rather low gpa turned out later in their careers ?
if u have a high gpa u have a high salary thats how IB's determine salary. so like lets say you're .1 gpa above average... say average is 3.3. That means your salary will be calculated as the equivalent of .1 gpa above average salary.
Average starting salary is $45k out of undergrad so i'd estimate your first year salary to be $48-$49k. There's some calculators out there but you get the idea.
Yup. This is what I didn’t know before I started working.
Close but not exactly right. In practice, you need to pay incrementally more for higher gpas. So the salary actually scales up faster the higher your gpa is.
it was pretty rough for awhile because our bank didn’t make adjustments for 10.0 GPA scales and we had a few analysts who were making VP2-3 comp (weighted towards salary so mostly cash). Obviously HR fixed it as soon as they figured it out, but a few of these guys are grandfathered in. Pretty sweet gig
Had a 3.9 when I got my offer letter... now I have a 3.8 and HR told me they're retracting 10k base and my signing bonus
This is accurate - it is the secret that the industry/HR doesn't want outsiders to know. This poster might get assassinated for divulging this info.
I sneaked an EB offer but my gpa was 0. Not sure how much I'll be paid this year + bonus
Obviously $0
I think there's definitely a correlation between GPA and salary like how there is a correlation between IQ and salary.
Do banks always check gpa
Grades are relative.
https://www.nytimes.com/2006/06/07/education/07education.html
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