When I read this thread, I can't help but feel that the only attraction to this IB job is the money. There seems to be a lack of focus on career development and knowledge gain.

It's like, hey I am someone who has connection with so and so politicians, I got a lot of money from it and now I want to hire some junior IBs with the attraction of big bucks. I only offer big bucks, other than that the junior IB can find his/her way around and work their ass off that 50-70 hours a week. This brings the next question, why do these juniors need to work so hard if there are capable seniors to lead them? Has there been a mass resignation of seniors? The knowledge base of this company is not large so money is the only motivation?

Up your offer to Rm10k per month.

RM5k is not much now.