Can't post the link because I don't have enough banana points. It's from a Bloomberg article from today.
Thoughts? Will 85k soon be starting base salary for all BBs?
| +211 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 51 | 8h |
| +109 | IB Energy Drink Tier List / Ranking | 72 | 16h |
| +103 | ONLY THESE BANKS OR YOU STRUCK OUT | 31 | 1h |
| +91 | PJT M&A Group Selection 2026 | 14 | 13h |
| +51 | Feedback for internship first desk at IBD BB - personal fit, "don't be too confident" | 29 | 15h |
| +46 | Firm Thinks I'm Lying About Offer | 18 | 5h |
| +31 | Stay at Weak Dealflow Team or Lateral? | 7 | 17h |
| +29 | Does BofA still pay its associates rat pellets? | 15 | 10h |
| +26 | Rogo AI | 6 | 2h |
| +22 | Indiana University Fraternity Pipelines | 13 | 13h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
An increase in base salary and "decreased" hours will result in smaller bonuses. [Unless everyone ends up being more productive]
They all followed MS.
They all followed MS, just in a bit different way.
will this apply to banking or s&t as well. the articles are a bit contradictory. also JPM to follow suit.
With BAML matching salaries while drastically increasing the size of the Analyst class it could be a very good place to work. Lower bonuses but a much more enjoyable work / life balance.
Do you think larger MM firms will follow the 85k? If so, will it take them longer to follow?
as an 0 year associate, i'm most interested in learning how this is going to roll up. i'm assuming i'm just getting screwed... ...
So a lot of articles cite the fact that the banks are doing this to entice analysts to stay but what are the chances PE firms are going to sit back and let the best guys stick around the bank for an extra 15k/year? This has to flow upwards right? Megafund CEOs got paid $500mm a pop last year, there's certainly the $ to bump up PE associate pay and prevent any impact
what will happen after the associate 0 stub period year? 125 to 150?
Repellendus maxime praesentium enim ut fugiat sequi nisi est. Quia omnis doloribus quo voluptas sequi sit accusamus facilis. Sit sapiente magni qui nam perspiciatis ex dignissimos. Eligendi in eum quasi soluta rerum dolorem dolorum non. Voluptatem occaecati aut sit dolorum debitis.
Nobis voluptatem beatae ut veniam quam voluptatem sunt in. Molestiae doloremque est aut exercitationem. Perspiciatis ea sed dignissimos numquam est ut. Est est quo sunt porro necessitatibus. Atque pariatur recusandae fugit. Sunt dignissimos alias neque sequi ratione.
Et repellendus harum eum consectetur ea dolorem. Tempore sint similique molestias dicta deleniti ut eos. Aut ex expedita adipisci nulla nostrum asperiores iusto.
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...