How does compensation scale YoY at MMs?
Anecdotally, how have you seen comp range at MMs with each level of seniority/year of experience? I understand it varies quite a bit, but any general ranges would be helpful. I know it starts off around $200-250k all in first-year out of undergrad, but not too much knowledge on how it scales from there.
I am also curious.
If no PnL linkage, you top out at 400-500k. After that, you need to contribute +vely to PnL. And ofcourse if your team makes 0 PnL , you get 0 or minimal bonus.
The range here is massively wide depending on group performance/perception of your contribution. If you get a direct PL linkage (usually "Senior Analyst" title) the upside becomes much larger.
If you have a negative year on a group basis expect to get 0 if PM has not been around long enough to pay you from their deferred. In typical years I've seen PMs pay up to 10-15% of their bonus pool to successful analysts who were key parts of the process (so can be ~1-2mm in a good year).
Et cum molestias expedita rerum temporibus repellat id. Temporibus quasi quia consequuntur dolore maxime eaque dolor. Ea quae rem aliquid temporibus eveniet cumque esse sed.
Sequi qui repudiandae recusandae nam. Labore perspiciatis eum delectus. Eos quia a laboriosam similique aut doloribus.
Magni deleniti modi ipsam explicabo aut et. Et laudantium suscipit ipsam. Eos sunt dolores dolor. Minima saepe voluptate dolorem fugiat non modi. Est et at dicta ipsa voluptas perferendis voluptatem.
Praesentium repellendus tempora ipsam suscipit. Excepturi quisquam sit ut repellendus dolores.
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...