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Question by Significant Other: Jobs In New York City??
How is the job market in N Y C right now?? I applied to Bank of America and there starting me off at $ 10.00 an hour. i get paid that in the bank I work at here in P.A. I was under the impression that NY pay was higher… or is Bank of America bad?
Answer by financegal27
I think unskilled jobs have standard rates. This sounds like a teller job or something that requires minimal skills. The professional jobs do typically have higher pay wages because they want to attract the best candidates for the jobs, and the cost of living in NYC is extrordinary. The unskilled jobs don’t really require the same level of recruiting, and its pretty easy to find a new teller as opposed to say a hedge fund analyst.
I should also note, I’m not suggesting that being a teller is not a good job, however the job requirements are different, you don’t need a college degree or years of experience to be hired as a bank teller.
What do you think? Answer below!