Absolutely!
In banking, your salary can grow steadily—and sometimes, surprisingly fast.
- Most banks expand by 10%–20% every year, and salaries usually grow 5%–15% annually, depending on how well you perform.
- Promotions make a big difference—moving to a higher band often comes with a big jump in pay.
- Many bankers also switch jobs within the industry for an even bigger hike.
When you combine these factors, your earnings can grow at a compounded 10%–20% per year. Over 10–20 years of solid work, banking becomes one of the best-paying careers out there.
