ALDI Area Management programme

A director only gets £53k? :confused:

Apart from that it looks like a good job :wink:

Reply 2

BAEconyr3

OP

1

Well im not entirely sure that you get 53 as a director as the website says progressing to 53! Does anyone know how much tax I would have to pay on 37k?

Reply 3

I think thats still the normal tax bracket not the upper one

Reply 4

My housemate (ex - we're graduates now) started this job in July.

He's been working his b*lls off but it really is 37k and a 2005 shape Audi A4 2.0 Tdi :smile:

First week is spent on the checkouts too, which is quite amusing given you'd be earning 4 times anyone else around you by this stage :P :P

I wouldn't look at Aldi as a doorway into iBanking. It's more of a 4 year interview to become a company director, at which point you will start raking it in.

If you can't get directly into iBanking then you're probably not good enough. The only route i'd consider as acceptible is middle market advisory services. This is the SAME as ibanking however on smaller deals. I did this with KPMG as they had sponsored me through uni (after a gap year) as it was much more chilled than iBanking.

Indeed, upon leaving uni I setup my own business in property :P

Reply 5

Dont directors get more than 53k though? :confused:

Reply 6

Drogue

19

Directors, in the proper sense, are board members who are renumerated, rather than salaried, according to the levels voted at the AGM by shareholders.

I suspect Aldi mean something slightly different by it. The publicised rate is £53k, although I'm not sure if what they consider a director is quite as high up as your imagining.

Reply 7

BAEconyr3

OP

1

SmarterHousing

My housemate (ex - we're graduates now) started this job in July.

He's been working his b*lls off but it really is 37k and a 2005 shape Audi A4 2.0 Tdi :smile:

First week is spent on the checkouts too, which is quite amusing given you'd be earning 4 times anyone else around you by this stage :P :P

I wouldn't look at Aldi as a doorway into iBanking. It's more of a 4 year interview to become a company director, at which point you will start raking it in.

If you can't get directly into iBanking then you're probably not good enough. The only route i'd consider as acceptible is middle market advisory services. This is the SAME as ibanking however on smaller deals. I did this with KPMG as they had sponsored me through uni (after a gap year) as it was much more chilled than iBanking.

Indeed, upon leaving uni I setup my own business in property :P

Hi

Just out of curiosity, is it difficult to get onto this? What grades did you housemate have at uni in, what uni and what A level grades?

Tej

Reply 8

Multiplexed

18

That's a really great offer by Aldi for graduates, imo.

Reply 9

Leisure17

8

Aldi has been around in Germany for years and they are very strong here. They are known to pick people from their own ranks for nearly all jobs. Everyone is paid well, even the people at the checkout and they get trained for a year. Here they want people to stay with the company many years, preferably eve lifelong, so they give incentives.

Reply 10

Multiplexed

18

The only down-side is, being affiliated with Aldi and spending time in the stores. :frown:

Reply 11

He actually got a 3rd class degree in Economics :smile:

In addition, the decision panel didn't think he would fit in at Aldi as he is exceptionally "rah rah", however he did a blinding job of convincing them it meant nothing.

Just goes to show gimps with good grades are less useful than people with character.

On the director note - you'll actually see 200k minimum, so i'm not sure where you have the 53k figure from.

Reply 12

To fully answer your question -

Warwick Uni
3rd class Economics
ABB at A level

Don't quote me on the A Levels, though!

It's actually a very hard position to get imo. Despite having a 3rd, Paul, my housemate, also got an interview for "The Apprentice" season 2 in the same week, but had to decline due to Aldi being a more sensible choice.

Reply 13

BAEconyr3

Hi

Anyone have any suggestions on this graduate programme...

>> Starting Salary = £37000
>> Company car = Audi A4 Fully expensed
>> Progression to area manager managing several stores after a year then possibility of becoming a director within 5 years with pay of 53K!

What I want to know is... If I join this and say after 3 years I do an MBA, can I get into IBs or what are my career opportunities with this?

Any suggestions or comments on this?

There.

Reply 14

BAEconyr3

OP

1

Would A levels BBC and C AS and a high 2.1 in Economics from manchester and Msc in International business and management be enough to get on you rekon?

Reply 15

Multiplexed

18

BAEconyr3

Would A levels BBC and C AS and a high 2.1 in Economics from manchester and Msc in International business and management be enough to get on you rekon?

The degree should obviously hold more weight, no harm in applying. :biggrin:

Reply 16

LOL - that's not the most reliable of sources.

Especially when that's the quote im challenging :smile:

I wouldn't worry about the degree with Aldi as they do their training from the ground up. You won't be allowed near anything until you've done a week's till training in store!

Reply 17

fuglyduckling

Where is this based? I bet it's not in London! Good money and prospects, but I think most people would prefer IB - I think I would.

Reply 18

It's based all over the UK and Europe.

Without experience of either job, why would you prefer IB? :smile:

It's one of the rare jackpots people don't tend to look at because it is with a company generally associated with being 'cheap'.

Reply 19

fuglyduckling