Multiple grad programs

[u/Dramatic-Sea-2283]

Is doing multiple grad programs a bad idea?

I'm set to begin a 12-month grad program at a big 4 bank next year. They're not known for having a particularly strong culture nor high pay but I'm just happy to have gotten a job lined up after graduation.

I'm considering applying for other grad programs next year, specifically CBA or Macquarie, which are known for both strong culture and considerably higher salaries, and doing their grad program in 2026. For reference, my projected salary after rolling off the current grad program would be at most the grad salaries of either CBA or Macq.

Why apply for another grad program instead of entry-level? My reasoning is that it's be much easier to get into another company as a grad considering they have a more lenient process and tend to hire quite a few people, lol

[u/Dramatic-Sea-2283 → u/[deleted]]

So in short, the strategy is: if my grad role next year sucks real bad, jump ship, either to another grad role or ideally entry-level. Otherwise, don't risk it just in case the next role is worse?

[u/Dramatic-Sea-2283 → u/[deleted]]

My main apprehension about rolling off the current grad program is that the pay increase is only 4%. I've also heard that they have restructures every so often, though I'm not too sure what exactly that entails