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Are you considering a career in banking? Think again..

Between FY17 and FY24, while the Indian banking sector added half a million new jobs, public sector banks said goodbye to over 1,00,000 employees... In FY24 alone, 11,154 jobs vanished, with the [State Bank of India](state-bank-of-india) leading the exit wave at 3,562 employees.

Is this the end of stable PSU jobs as we know them?

Don't apply for a banking job until you read this.

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Hi everyone, I’ve been working in Accounts Receivable (AR) for 3 years and am currently pursuing CMA US. I want to transition into core finance roles like financial analysis, FP&A, or corporate finance. Would love to hear from those who’ve made a similar switch—what roles should I target, what salary can I expect, and which companies are good for this move? Any advice or experiences would be really helpful. Thanks in advance!

#Finance #AccountsReceivable #CareerTransition #CMAUS #FinancialAnalysis #FP&A #CorporateFinance #JobSearch

Seeking Advice on Transitioning from AR to Core Finance Roles

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I have 2 offers in same location : Need guidance to choose one

1) Tech Mahindra (U4)
Fixed 23.9 Variable 2.6=26.5
No joining bonus
Project details informed already

2)IBM(7B)
Fixed 21.37 + Variable 0-10%
Joining bonus is 1 lakh
Your Responses and thoughts will be appreciated.
Thank you

Tech lead - Tech Mahindra or IBM

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Day to Day Office

I’ve been working at a startup since 2018. We were in a temporary office on the outskirts of the city, but now we’re shifting to a prime location. The problem? We’ll have to pay for parking an extra ₹80K-₹1.3L per year.

It’s not a huge amount, and I can manage it, but it still feels like a sneaky pay cut. During the temp phase, we had free parking, which made it seem like parking would be covered permanently. Now, that’s not the case.

Should I ask for a raise to offset this cost? If yes, how do I frame the request without sounding petty? Would love to hear your thoughts! 🚦😕

Office is moving, and I will have to pay for parking - Need Advice

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Salary Discussions, Hike & Promotions

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview.

1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining.

2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon

3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too.

4. Leaves – We get 21 paid leaves a year.

I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

Unexpected job policies: stay or switch?

Don't apply for a banking job until you read this. | AmbitionBox

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