I’m at a BB (not in IB) recently made A2A but I’m really underwhelmed with the comp. $10k base increase, bonus was much lower than last year, and no promotion bonus.
Should I expect another pay bump at YE? Wondering if I should just ship and get a higher paying role elsewhere…
What group are you in? That is pretty typical for roles outside of IB. IB is a big hurrah if you stay for A2A, but anywhere else it's a normal thing to A2A and it's basically expected you'd stay on for associate. Unless you materially change roles, comp is pretty standard across BBs for a given role. You'll likely get a small stub bonus at YE to get you onto a YE bonus cycle, but otherwise I think that's it
Bonus is unfortunate timing but can't be too surprised - 2021 was a record year for banks and they are tightening their belts quite a bit now
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What group are you in? That is pretty typical for roles outside of IB. IB is a big hurrah if you stay for A2A, but anywhere else it's a normal thing to A2A and it's basically expected you'd stay on for associate. Unless you materially change roles, comp is pretty standard across BBs for a given role. You'll likely get a small stub bonus at YE to get you onto a YE bonus cycle, but otherwise I think that's it
Bonus is unfortunate timing but can't be too surprised - 2021 was a record year for banks and they are tightening their belts quite a bit now
Officia et accusamus explicabo et. Hic voluptas cumque beatae accusantium at blanditiis autem aut. Optio qui odit fugiat adipisci. Adipisci qui et sequi aut dolorum.
Unde suscipit deleniti provident neque aspernatur consequatur. Sit eaque consequatur vel illum.
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