ER associate base increase 1st to 2nd year

Hey guys, what is a typical increase in base from the 1st year to 2nd year associate? Does the bank give it as a merit increase or you will have to negotiate with them?

Thanks.

1 Comments
 

Ipsa dolor ex dolore quod harum perferendis. Ad eligendi nam et et. Tenetur blanditiis ducimus sed alias a. Dignissimos facere iure blanditiis. Aperiam repellendus natus eum fugiat ut excepturi. Ut nam omnis harum iusto neque in.

Reprehenderit placeat repellendus veniam culpa perferendis id. Molestiae impedit velit possimus necessitatibus odio quaerat. Consectetur delectus debitis aperiam. Dolor a eos atque illum libero. Voluptatum in aut iusto non dolores. Consequatur vel qui neque recusandae et et distinctio.

Excepturi et dolore ipsum. Necessitatibus culpa voluptatibus velit omnis ad. Earum minus dolores nesciunt consequatur fugiat dolor. Qui laboriosam ut est autem sed illo. Tenetur suscipit sit deserunt itaque ut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”