> Given what some of these mangers make at these banks, coughing up that salary isn’t unreasonable. From the bank's perspective, it is unreasonable. Legacy ba

> Given what some of these mangers make at these banks, coughing up that salary isn’t unreasonable. From the bank's perspective, it is unreasonable. Legacy banks still don't understand/accept that IT is the foundation of their business. Maybe a century ago it was possible to run a bank on paper records, typewriters and abacuses (abacii?) but those days are long gone. Yet, the banks still consider IT as a nuisance and overhead to be outsourced to the lowest bidder (and many consultancies have third-world sweatshops full of incompetent monkeys to fill this niche). It is also a positive feedback loop because outsourcing IT to idiots means the user experience is terrible and the people within the bank now have a good reason that reinforces that mindset. Your typical software engineer/IT person in the bank has about the same clout and political power as the janitor, absolutely not enough to commend the high salaries given out to managers and various paper-pushers. Keep in mind it's still a very nepotistic environment (relative to most tech companies) and in a lot of cases those managers don't get those high salaries upfront but grew them over time by playing office politics correctly and doing the right favors to the right people.