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.
Soluta non non sit beatae velit ullam. Pariatur fuga dolor unde provident culpa omnis qui. Exercitationem fugit in quod debitis et consequuntur in consequatur. Tempora officiis harum sequi sit nostrum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
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.
Soluta non non sit beatae velit ullam. Pariatur fuga dolor unde provident culpa omnis qui. Exercitationem fugit in quod debitis et consequuntur in consequatur. Tempora officiis harum sequi sit nostrum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...