All are highly-educated management-level professionals who previously earned six-figure salaries.

VOA: standard.2010.07.28

Gary Goldstein, co-founder and president of executive-search firm Whitney Partners, said many banks, particularly European ones, are examining levels of seniority within their ranks and lengthening the amount of time employees remain in senior vice president-level roles before getting the big promotion, resulting in firms paying more junior-level salaries for a longer period of time.

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The experience level for the salaries reported is in the five- to 10-year range, according to Glassdoor.com.

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Nevertheless, he wrote that it is against social justice to fix salaries that are above the level that make business viable.

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