Job in Tokyo

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  1. #1

    Join Date
    Oct 2006
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    669

    Job in Tokyo

    Hi,

    One of my close friend got job in Tokyo. Salary negotiation is remaining. He has around 4 year of expeirence and he is joining a top investment bank in Japan. Can you please help what package he should ask. As he is not aware about Japan Payscale.
    Thanks


  2. #2

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    Apr 2003
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    12,384

    In IT? Euro or US bank?


  3. #3

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    Oct 2006
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    Quote Originally Posted by KnowItAll
    In IT? Euro or US bank?

    US Bank......

  4. #4

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    Apr 2003
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    Checked with someone at GS and the response was "6-9 million yen" depending on his credentials and type of job he's being hired to do etc etc ... (way too many disclaimers were attached to $ amount).


  5. #5

    Join Date
    Jun 2006
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    If your friend is already working in a major market in the US like NYC then I think a 30% increase over current salary to cover COLA. If the friend is coming from a smaller market, then a larger increase.


  6. #6

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    Oct 2006
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    Quote Originally Posted by thewongs
    If your friend is already working in a major market in the US like NYC then I think a 30% increase over current salary to cover COLA. If the friend is coming from a smaller market, then a larger increase.
    Thanks thewongs, i am aware that 30% + is the market rate. But I am insterested to know the normal salary range in Japan for an IT professional having 4 years of experience in Investment banking. I know there can be lots of if n but. But whats the average/standard.