https://news.efinancialcareers.com/us-en/323261/j…
If you're an analyst or associate in an investment bank, it seems that your pay is rising. Juniors are leaving banking in such large numbers, that banks are having to pull their main lever (compensation) to stem the tide.
Morgan Stanley went first. The U.S. bank increased salaries for its associates by 20-25% depending upon their class and region from August 2018. Now, Logan Naidu, CEO of recruitment firm Dartmouth Partners, says other banks appear to be hiking pay too. - Following the summer bonus round for analysts at most U.S. investment banks, Naidu says total compensation (salaries plus bonuses) for analysts in investment banking divisions (IBD) is typically up 15% to 20% on last year
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