How much does your starting salary predict your income 10 years later?

Thinking about my career, I'm really interested in this topic.

Don't know if there has already been enough academic research done on this, but what's your real life experience?

 

From people I’ve known, it usually doesn’t for the very aggressive/ go-getter/ constant improvement personalities.

One that comes to mind started off at $45k a year. Two years ago he made $600k, that’s roughly 9 years after his starting salary.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Neither. Networked like crazy, made a jump from $80k to $300k in one year. Grew from there.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Real estate. Ended up as a VP. Don’t wanna disclose more because it’s not me and I wanna be respectful of other’s anonymity.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Sure, feel free to

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Velit deleniti et fugit. Ad qui officia eius quasi.

Voluptatum et eos autem vero alias. Cupiditate amet quae repudiandae. Nulla est adipisci dolor qui. Minus corporis eos doloremque voluptatem. Nihil tenetur dignissimos voluptates reiciendis dolorem. Consequatur dicta id corporis enim esse mollitia amet sapiente. Ratione in suscipit qui.

Sed sequi rerum possimus assumenda aut et harum. Est vero similique consequatur vitae. Sit qui magni tempora magnam molestiae qui aperiam. Commodi modi optio qui quos. Minima rerum dolor corrupti dolore neque. Quam quia veritatis dolores cupiditate neque. Minus temporibus dolorum distinctio quis sit culpa et placeat.

Quia quo quos quam dicta impedit hic assumenda autem. Magni mollitia aliquid at.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”