ER Assoc. at Piper Jaffray? Salary/Bonus Numbers not clear.....

Okay, let me ask this differently.....

Would you hazard that the ER associate position was

1) $70-100 all inclusive

or

2) $75-100 plus a bonus - any idea what the bonus # might be?

If it's entry-level (i.e. post-undergrad), I would think it's total comp (base + bonus).

Thank you!

This is sort of what I figured.

What about the fact that I have been working in the industry as an energy analyst for a major chem corp. for 5 years though.....still entry level??

That's something to bring up with the bank. They might give you credit for experience and bring you in at a more senior position, but really not sure about comp beyond that of a 1st year out of undergrad...

that's shit for a first year analyst. What a beating there.

you are probably looking at 75-100k all inclusive, and even this is fairly generous for equity research numbers. Keep in mind, however, that Piper is in Minneapolis and that kind of money takes you a hell of a lot longer than it would in NYC.

Well, the position is in NYC, so that's why I had hoped that it might be higher.

That would be lovely though, perhaps one could burn money to keep warm! (Kidding!)

it should be higher. That is crap for first year. You should clear 90 first year.