Asking for a raise
So I am currently a VP2 in FICC Financing at a European BB (my BB has FICC Financing, FICC Structuring, and FICC S&T, all of which fall under the Investment Bank). My base is currently $180K (remained unchanged from my VP1 base), and once I have my mid-year performance review, I am planning to ask for a raise for next year as a VP3.
Based on your knowledge of market rates, would my BB freak out if I asked for a base of $250K, and would asking for $225K be a safer move? Without going into specific details to preserve anonymity, my team is one of the top PnL contributors at my BB (I'd say top 3) and I consistently receive very positive performance reviews, so I really do think they have room to pay me more than $180K base, especially considering market rates have gone up. Thanks in advance!
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