Analyst Compensation

How did people feel about salary increases this year at the An1, An2, Aso1 level?


Getting a 5% raise when inflation is >5% and rents have increased significantly in New York City seems like an insult. Wondering how other junior level people feel about this.


I am currently being paid 115k and received a 40k bonus at the an2 level and have been one of the highest performing juniors the team has ever had. For NYC this seems off market with the inflation we have seen. 

 

General rule of thumb: Banks will always try to pay you at an amount that is right below the threshold before you leave, especially at the junior level. Unless you have a decent pnl to your name + much better offer elsewhere, theres no point whining to them when you don’t have much of a leverage.

 

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