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Yea, after the big trading error, they're lowering everyone's pay.
Stop asking about base pay. Even if they did drop to 60k you're making more than 90% of families.
You'd settle for 90th percentile?
We're all incredibly blessed to be working in this industry.
Sorry to butt in. I agree that those in finance are privileged to be where they are, but in the good old spirit of competition, you have to realize that career-wise you're essentially not competing against anyone in that 90% below you, you're competing against all the finance guys in the 10% above you. It doesn't matter if an apple tastes better than 90 oranges if it's the worse apple of the bunch.
You're worth as much as someone else is willing to pay you. The market determines your price... and the market says 70
Yes, but at 60k you'd be making ~20% less base than the rest of first year analysts on Wall Street, so it actually is relevant.
Why? so that you feel adequate... Don't get me wrong money is great but the first couple of bucks you make are nothing compared to what you'll earn in the future
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