Which department if not secret?
As an IT person working in banking on directly revenue generating app, were big part of actual business is automated by us, we can just look with jealousy to such bonus %. Funny, some banks like to call themselves tech companies nowadays. But to my eyes this should also require to shift treating IT not as a cost center, but a core/risk taker/whatever and share bonuses equally 
Just thinking hypothetically, if IT unionize and walks away or goes on strike leaving app not maintained for a week, which should defo leave a dent in revenue stream, would that change managements perception? 
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Private client advisor, so retail banking.
It should be noted that my bonus is clearly above average. Most client advisors are in the 6-15k range.
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IT is also a cost center in trading house.
They split the bonus to restrain it to Front departments and give trading bonus.
The other departments (IT, back office, HR, compliance …) are classified as Support department and got a corporate bonus.
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| Year | net salary |
|---|---|
| 2003 Jan | 8,000CHF apprenticeship in IT |
| 2004 Jan | 9,750CHF apprenticeship in IT |
| 2005 Jan | 13,300CHF apprenticeship in IT |
| 2006 Jan | 16,250CHF apprenticeship in IT |
| 2007 Jan | 71,000CHF |
| 2008 Jan | 58,300CHF @ 80% during BSc |
| 2011 Jan | 62,400CHF @ 80% during BSc |
| 2011 Nov | 66,600CHF @ 80% during BSc |
| 2012 Jul | 71,000CHF @ 80% during BSc |
| 2012 Aug | 88,800CHF |
| 2013 Apr | 90,400CHF |
| 2014 Feb | 93,600CHF |
| 2014 May | 125,000CHF (started at megacorp) |
| 2015 Jun | 145,000CHF |
| 2016 Jan | 172,000CHF |
| 2017 May | 208,000CHF |
| 2018 Jan | 222,000CHF |
| 2019 Jan | 231,000CHF |
| 2020 Jan | 248,000CHF |
| 2021 Jan | 251,270CHF (quit my megacorp job, 2 job changes) |
| 2022 Jan | 290,214CHF (job change, 40k from Bonus of previous job, ~60k CHF from blockchain validator side-gig) |
| 2023 | estimate 400,000CHF (~350k CHF base and 50k CHF blockchain, eventually more) |
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Inspiring to be honest 
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Thats amazing!
Net before taxes?
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Ah… right, basically what was hitting my accounts especially after 2021.
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Maybe specify if you’re taxed at source, would change the computation
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As a Swiss guy probably not. 
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Are doing MEV or just running a validator node ?
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Just validators but with some connections in the ecosystems and somewhat large amounts of tokens from whales.
4 Likes
Hello Fanfan,
Working myself in the public sector, I’m interested in knowing what kind of position you had in 2021 and you have from 2022 ? This strong increase of income is remarkable in the public sector !
That might work in an IT/tech company.
But in other industries (which do rely heavily on the same IT/tech), oftentimes there is simply no “technology ladder” to climb, but the only way up is to take people management roles.
Sad but true.
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2012 : First job as Technician
2016 : Second job as Salesman
2018 : Third job as Engineer
2022 : Fourth job as Engineer
2023 : 80% since July to spend more time with my son and my 2nd child to come.
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Because more stagnant salaries are also part of the picture:
2019: 90K
2020: 90K
2021: 90K
2022: 92K
2023: 95K
We do have good cost of life adjustments, though no performance related potential and a very, very skewd experience/years of service one.
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I’m only keep tracking of my progression since I moved from Portugal to Geneva back in 2018 (really pointless to compare the years before):
2018 90,000.00 CHF
2019 96,300.00 CHF
2020 96,300.00 CHF
2021 99,800.00 CHF
2022 123,500.00 CHF
2023 150,000.00 CHF
Not considering any kind of bonuses or other benefits - but I have to say that I feel good about my progression in a 5-year span…
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Congrats!
What would be helpful for context are probably field of work and steps that caused the big bumps?
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Job change this year, no significant salary increase, but drastic improvement in quality of life (less time wasted in transportation and better working conditions/ambiance).
Projected salary for 2023: ~109K; no bonus or extra. Male early 30s, BBA.
Maybe I could detail my progression from ~60K to ~109K in 10 years. I’ll take the time to detail it on occasion.
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Came to Geneva to work in treasury consulting and moved then to a new company in 2022 to work as an analyst - and best for last, promoted this year within the same company 
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Update
2019 : 71.5k CHF + 1k (bonus)
2020 : 78k CHF (no bonus)
2021 : 84.5k CHF + 1k (bonus)
2022 : 87.75k CHF + 10k (bonus)
2023 : 97.5k CHF + ???
Civil engineer (graduated in 2018), Vaud, haven’t change company since having been hired.
5 Likes