Average 1st year analyst all-in street comp?
Wanted to to get a poll to see what street comp is for vast majority of BB’s/MM. Obviously many EB’s have different comp structures but wanted to compare comp across various banks. Personally, received $85k base (standard) and $35k bonus at my respective bank for 1st year comp, is this normal or am I getting lowballed? What is typical second year all-in comp, third year, and 1st year associate if anyone has that info as well?
This has been answered so many times that the fact you're even asking is unreal
What kind of bank are you at and in what group? It seems low.
Lower tier BB (UBS, DB) in LevFin group, yeah I thought so, thanks for confirmation
Fyi even stub bonus is around $25k (thats half a year of working) so you def got underpaid.
EB expecting $170k 1st year
Appreciate the insight and good to know, might have to lateral if trend continues next year as well
Is that including signing?
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Nah $130 with signing
Is 170 normal where you are? It seems high
Yes think pjt/centerview/evercore
Granted im sure the actual range is anywhere from $155-175k
Was having a hard time understanding the bonus timing with stub bonuses, was wondering if you could clarify.
Does this sound correct as a ball park?
Yr 1: 85k base with start date in summer + stub bonus paid around christmas time yr 2: 90k base + normal base paid in June
No idea, my EB pays around june (so one full year of working) so never had to worry about that. So by the time bonus time roles around my salary should be be bumped (btw starting EB is $95k now at least for some of PJT/Evercore/CVP)
What I do know is that for BB (not sure if all of them do) their cycle is December to align with their fiscal year Q4 reporting. So if you're an analyst at a BB you'll get your stub bonus around Jan/February and then your next bonus will be one whole year after that. You would not get paid during june at all (unless of course your BB pays regularly in June) and excluding signing or one-off bonuses.
Was this for a full-year? Or a stub?
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Yes to both it was $120 full year, realizing I may have been hosed
Lateral asap.
Looks low but not unheard of
One possibility people haven't mentioned is that you suck and this is their way of telling you that.
Otherwise yeah, that's low.
What type of bank / group? You’ll want to get a sense whether this is the norm for your team or if it’s an issue specific to you.
This is on the lower end of street but not completely out of the ballpark. Could be a low-bucket or just a down year depending on the state of the bank and group you're with, or maybe a combo of both.
Sounds like a bottom bucket first year @ DB healthcare
Lmao definitely could be. Though if you think $120k from them is bad, you wouldn't even believe what they're offering all-in at their peripheral offices.
He said he's LevFin.
Not based in the US so can't judge that however here are factors to consider: - your performance, ie bottom bucket - bank performance, ie bonus pool allocated - European banks are known to pay lower bonuses
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