Salary and Prospect: Management Trainee of real estate developers
▶️Stable income, little increase in salary compared to investment banks and banks: The starting salary is mostly around 20K - 28K. Even though there is not a great difference comparing the starting salary of real estate developers to Bank MT or Advisory, the increase might not be as much. Most of the employees who have been working for 4 -5 years, their basic salary could achieve 40K-50K, but after working for 7-10 years, the increase might slow down to about 60K-70K. Hence, employees might not be able to reach 1million salary even if they have worked in the same company for 10years.
▶️Attractive bonus: Generally, Bonus will last for 1-3 months. Sometimes when the number of properties sold is high, it may last for as high as 6 months.
▶️High stability with good benefits: Most of the time, people join the real estate industry because of the high stability and benefits, for instance, there would be a discount for buying companies’ estate.
▶️Attractive Commission: When Fresh Graduates join property management such as JLL or CBRE, they are mostly attracted to the commission of these international agencies.
We help university students like you to get into Investment Banking, Banking, Property/ Conglomerate and Advisory/ Consulting.
Follow us on Instagram (ig: hkcareers) to know insider tips about grad job/ internship hunting. Visit hkcareers.hk to know more about the result-based career coaching program.
