Think the topic aptly summarizes what this thread is about. Base for 1st years is pretty much standardized at $85k across the street at this point, but let me structure this thread a bit to make it more useful.
BB IB:
1st year salary:
2nd year salary:
EB IB:
1st year salary:
2nd year salary:
MM IB:
1st year salary:
2nd year salary:
BB S&T:
1st year salary:
2nd year salary:
non-BB S&T:
1st year salary:
2nd year salary:
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Bumping this... Seems the standard jump is $85k to $90k but want to get some perspectives on this.
85/90/95/125 stub/150/175/200 etc.
This is pretty much the answer.
85 then 90 at my MM
Eh, would way rather have this then the old 70 to 80 bump. Bonuses go up second year too though.
It's that time of year
Analyst 1 IB - 10 - 20%
Analyst 1 S&T - 5 - 25%
Analyst/Pre-MBA Salary Progression (year to year) (Originally Posted: 12/19/2012)
Did a quick forum search but couldn't turn up anything specific to my question. I get that there's a salary gap between pre-MBA analystsand post-MBA consultants (forgoing firm-specific titles here). But from year 1 to year 2 or 3 as an analyst, how does salary progress? How much does the base salary usually increase vs bonus?
Context: Deloitte S&O doesn't do year-end performance bonuses, but they do year-end, performance-based salary increases of something like 5-15% instead. Is this meant to compensate for lack of a signing bonus, or do other consulting firms also raise base salary at year's end (in addition to performance bonuses)?
Deloitte S&O has a signing bonus. At least in the states.
Depends on performance, but 15-25% increase in base pay per year. Of course, that pales in comparison to the ~120% full comp increase I'm going to get when I hit consultant...
Annual Salary Increase % (Originally Posted: 10/31/2014)
What's the typical annual salary increase (without promotion) percentage in finance (IB, S&T, hedge fund etc.)? I know for other industries it's around 2-5% but I'm not sure about what the numbers are for finance positions. Thanks.
Also interested for non-FO roles. MO specifically, such as finance and risk.
bonus is such a big deal that it isnt really smooth.
Base is 70,80, 90, 100 etc. Bonus is like 50-100% of that.
Salary Increases (Originally Posted: 01/08/2015)
I heard some first year analyst salary increases have gone into effect. Anyone know when the rest of the bumps are expected to happen?
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