Hi everyone. I was promoted this year from Analyst to Associate, but my base pay only went up 5-6%. My total compensation went up much more though. I was expecting both a bonus bump and a significant base pay bump, but I only got the former. I was wondering if this is normal. What is the average base pay for a first year associate without an MBA? For context, I work for a top BB investment management division on a research-heavy team with a historical track record of success.
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