80K would put you somewhere in the "Senior Manager" to "Head of" region. Org chart woud be as follows in descending order - you would be arounf 5) or 6)1) Group CEO - e.g. John Varley/Eric Daniels2) MD of the Retail Bank - on the main board as a listed director3) Retail Bank Director - not a main board director, think Director of Risk/Tech/Operations/HR/Finance/etc (basic salries are not routinely published as these guys are not "graded", but typical base would be 175K to 225K4) "Junior director" or "Head of" depending on bank. e.g Head of Loans, Head of Credit Card Risk, Head of Change Management, Head of "a bit of IT" (e.g. ATM network)5) "Head of" or Senior Manager, often the last graded position with published salaries (current range would be 80K to 100K) with a 20% or perhaps 30% salary for outstanding performers, but nothing this year or next. Pension scheme will be DC for new emploees and car allowance will be 500-600 quid a onth. Might be a London allowance of 3.5Kish6) Senior Manager Upper, e.g. Marketingfor the loans product, running 200 person call centre, senior project/program a manager. Base range would be 65K to 85K.7) Senior Manager Lower8)Manager )usually 2 or 3 grades including things like asst manage, senior asst manager, etc.9) Analyst grades10 Clerical gradesThe base salary is the correct comparison for a 450 day contract becoming permie. Are you a contract PM becoming a permie senior PM? In marketing you should be running the marketing budget for a single product line. In HR you should be a Head of HR for 500 people.In Finance its hard to say because prof quals screw the model a bit. In IT you should be a Program Manager or a running service delivery for a dozen big applications within a functional or technical area.What is the business unit? I'll tell you what the role should be for that money....The other option is to move bank and stay contracting. My bank is looking for people and 450 is about the norm. What do you do?
