££ Ching Ching $$
This entry is dedicated to Ms (soon to be Mrs) "Bushraaa" who recently got engaged...! Yippee...! And as a gift, i now add your blog to the selected reads i recommend on the left...lol
With that piece of good news, some other good news (for some..) - last Wednesday was "B-Day" or Bonus day. I'm sure the people in the UK have been reading about the obscene amounts of money people in Banking are earning as the media seem to be obsessed about it all. B day was quite weird as there was a general atmosphere of apprehension all around and as people got called in every half an hour to have their chat and ultimately get told how much they will be getting paid...so all day there were some very happy people wondering around the office...and others who were not so happy (nb graduates get their bonuses in Jul...so i didn't get a share in the pie..!)
Having spent a yr abroad in some very very poor countries, no matter how hard I've been working it never feels like I deserve my pay..ok now it wounds like I earn loads...just to clarify, I don't. The first few years you work pretty crazy and are paid OK, but after a few years when you're actually bringing in money for the company is where you make serious money. But nevertheless having seen certain scenes in Bangladesh etc....sometimes I end up feeling quite sick about the discrepancies in life. Like the guy who I worked for in my internship two years ago got paid....lets say above £9m and below £11m in bonuses....OK, I'm sure he works hard but....! Then you think about what footballers are getting paid and then compare it to nurses and teachers (NOT doctors..!!) ...it's all about supply and demand I suppose as its because 60,000 people are prepared to pay £50 each to go and watch a football match that football players are getting paid £100k per week. And to be fair for every £1 you earn in banking its probably because you made the company £5 i.e. you don't get free money.
Anyway to those who know me and think they will soon be cruising in my ferrari in a few years (ie my fake friends, u know who u r...! Lol) you're be waiting a long time as fortunately/unfortunately I moved divisions last yr so I'm in equity research now which is pretty much the lowest paid division in Banking...i'm not regretting it at the moment as in the first few yrs everyone gets paid similar amounts but in 3yrs + everyone else in other divisions will be racing ahead of me..... I made the move cos in research you can actually have a life outside of work so long term you can have a family life and also in my long term plan I was thinking I would try and get married before I start work or a few years after....so since I had to chose last yr I thought I'd take a risk and go for the division with reduced hours from the outset just in case.....but evidently things didn't work out on the marriage front hence a single Me with evenings and weekends free but emptier pockets. Ahh well who wants to be a millionaire anyway? More money more problems.
Salaam
ps, The Fri after i wrote the above (early last week) i was leaving work and randomly outside the building was my ex-boss who i mentioned above. I was just gonna walk past him as i thought he wouldn't even remember who i was..but he came up to me and was all like "hi, how you doing, nice to see you again...blah blah"...and then basically he said it was a shame i had decided to move divisions but if i wanted to move back to where he worked, for me to let him know and he would sort me out...so maybe i was lying about the ferrari after all...! lol