I've worked in ER at a MM bank for ~2 years and I was wondering what "average" compensation would be at a BB or another bank. I'm currently making ~$75K in salary. Is that comparable to other firms and what's the typical trajectory?
That sounds really low for people in ER with todays market. Most associates are getting 85k as a first year and you are at 75k after two years experience? Time to either get a raise or lateral.
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What's your background?
Bonus each year? 75K base is normal for 1-2yr experience at many MMs.
I was told 15%-20%.
Anyone mind sharing what the typical bonus range (absolute amount or as % of base) is for research associates in year 1, 2 and 3?
I was told 15%-20%.
As a 4th year at BB in NYC, my buddy made $140 base + $40 bonus.
This is helpful – thanks!
That sounds really low for people in ER with todays market. Most associates are getting 85k as a first year and you are at 75k after two years experience? Time to either get a raise or lateral.
Aperiam dolor sed consequatur qui et dolorum dolorem. Ea minima accusantium assumenda et voluptate. Rerum dolorem velit et vero quia. Voluptas assumenda velit ipsa voluptatibus. Aut perspiciatis unde facilis aliquam.
Sit et reiciendis qui asperiores. Debitis debitis nihil at earum explicabo voluptates molestias esse.
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