Pay scale for Equities Research vs Sales and Trading
Anyone know the relative base pay and after bonus total pay for these two? I'm deciding between which one to pursue.
Anyone know the relative base pay and after bonus total pay for these two? I'm deciding between which one to pursue.
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im guessing for BB...
S&T 65k +10k ER 60-65k +10k
What good does your guess do? Secondly, it is pretty common knowledge at this point that base is 70k in S&T and ER at the BBs. ER comp will generally lag behind S&T for your first few years (smaller bonuses) until you make analyst. Then, comp jumps significantly and can be in line with or even more than S&T. (extreme variability though)
Any idea what an average bonus might be in the 1st year in either? Would the bonus in either of these be comparable to one, in say, capital markets (prob not comparable to one in full fledged IBD though)?
Bonuses in S&T, IB, and cap markets are all similar in the first year. It can depend on how long you are considered a "trainee" in S&T but most are making 30-60k in bonus on top of their 70k salary. As you know, there is significant variability in this from year to year and Ibanking may take home an extra 10k but the gap is not very wide for first years.
If you start out in sales, what are the exit opps like?
my buddy is at JPM in ER and hes making 65 + 15. thats nothing near waht your saying cheese86
your telling me a 1st yr in ER makes 100-130k? LOL
cheese86 is right. until you make analyst, S&T has higher salary. so, the first few years, S&T people get paid more and they don't have to work long hours like ER or IBD.
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