Are all the banks offering 70/10(15 for returning) now?
I heard that boutiques like Greenhill is offering 75k?
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Get an offer and find out.
kind of an asshole answer..
Especially from a kid who doesn't have a job.
yessir. 70/10 sounds about right. ghl and moco have variations in salary and sign on bonus.
JPM CS DB BAML
were all 70/10 globally
i dunno about this 15 for returning thing
db is 5 sign on for hong kong. i got 75/10 from elite boutique.
yea i asked because i heard greenhill is getting 75/10
and banker88, i have an offer with 70/10 so I was asking if the boutiques are different. Thanks for the asshole answer though.
Who cares if some place that didn't give you an offer gives an extra 5k to its analysts. Guess what, offers at your level ARE NOT NEGOTIABLE. So, if you like the firm accept the offer, if you don't then tell them to piss off.
Every year, people send around rumors about what some random firm is getting. If you had an offer from them you would be bouncing for joy. If you had a boutique offer that was off market, but no other offers, guess what you get that offer and nothing else.
The only reason to ask these questions is if you are still completing an interview process at a place like greenhill and have an offer from a good, but not great bank, like CS. If that is the case, preface your question with that information and we will respond appropriately.
Thanks for backing me up bro.
I have heard of kids trying to negotiate on what their friends are "rumored" to be getting...I think it is quite funny that they would have the gaul...It is one thing if you have two offers and you like one place better and try to get them to match..just be happy with what you get...
I haven't heard of 15 for returning; I did hear CS was 12.5 for returning (10 regular), but that's about it.
70/10 is the standard at GS too
I thought banker88 had an offer (BB quality)?
Yes, I have an offer from a BB. I posted my reply because people ask too many hypothetical questions on these boards (such as "what are my chances at xyz..."). If you genuinely need advice, I'm more than happy to provide it if you look at my other posts. But stop asking questions about what other people think, what other people are getting paid, the level of prestige, etc.
As powermonkey wrote, if you have several offers and are trying to decide between them, then the $5k shouldn't matter to you. If you only have 1 offer, then why do you care what other people are getting? Be happy you got a job and STFU.
GS, MS, and JPM are offering 70/10 for FT 2010. UBS is still at 60/10 I believe (but I could be wrong about that one).
Yes you are wrong about that one. UBS is also 70/10 for FT IBD.
Not every elite boutique is offering 75k. Lazard offers this year were 70/10.
BB standard is 70/10, with at least some offering 15k sign-ons for returning summers.
I asked for a reason but I didn't expect the responses would tell me what my reason should be for even posting this "stupid" question.
But thanks for the reply everyone.
75k Qatalyst 80k Frank Quattrone is #1
What's the difference in $5k on base salary anyway. We ought to be shooting for a great bonus and firms that pay great bonuses, period. $80k + $20k bonus vs $70k + $90k bonus is easy, you do the math!
you guys would all drool @ that!
Ok PiperChiang I'll bite.
Qatalyst 80k - while working for Frank must be a hell of an experience in and of itself, aside from Data Domain, I haven't really seen any significant deals announced out of there...kind of makes PE placement a bit harder. SLP PE Salary - Yeah, it's pretty ridiculous. But there is a question of whether you want to specialize at that point in your career. Plus, as noted in another thread, the only SLP UG hires are out of Wharton - they're not the most flexible of people...
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