May 26, 2023
14 Comments
 
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i don’t have the report. idk if a recent public credit report exists. mostly only see private credit when i ask around (where junior pay is usually $25k+ higher based on what I’ve seen I assume as they don't need BBG terminals). to my personal knowledge firms pay far above and below market depending on a ton of individual/firm factors. 

this is what i was sent:

2022 average base -> 2023 average base:
Associate 135->150
Sr Associate 150 -> 170
VP 200 -> 200
Director 225 -> 245
MD 250 -> 275

This survey doesn’t include 2023 bonuses, but average total comp by rank in 2022 is as follows:

Associate 260
Sr associate 325
VP 465
Director 570
MD 775

 

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