I have been lurking for a while and I’ve been reading that a lot of BB are increasing their new hires salaries. Will this affect the 1st full year salaries and so on? Or bonuses? Essentially what will the new A0, A1, A2 and A3 salary bonus look like now with these changes for BB banks?
Thanks in advance everyone
| +244 | Looking to raise a Billion Dollar Fund - College Junior | 36 | 49m | |
| +189 | It doesn’t need to be this way | 29 | 7h | |
| +100 | Biggest gripe in IB: people with no balls | 29 | 1h | |
| +83 | RBC M&A vs PJT RSSG | 14 | 1d | |
| +64 | Vanderbilt ($$$) / Northwestern ($$$) vs UF ($) | 34 | 2s | |
| +64 | Did I mess up by correcting my VP Publicly? | 20 | 10h | |
| +56 | Career Bankers, Was It Worth It? | 34 | 3m | |
| +54 | I FINALLY DID IT, I GOT A FT OFFER! | 11 | 16m | |
| +50 | Feeling really lost in IB | 15 | 1h | |
| +42 | 4 Mistakes I Made As An Investment Banking Intern That I I Wish I Could Go Back And Fix | 7 | 2h |
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.
Interested as well. I have heard nearly all have increased A0 to $150k and can confirm GS, JPM, CS, and WF. I wonder if A1 will now be $175k?
I’ve seen some people saying they think it’s 150/150/175/200 and others saying they think 150/175/200/225 so I’m just wondering if anyone knows for sure.
I think it is 150/150/175/200. not sure about other banks
For BB in general or for those 4 banks the original comment mentioned?
Semi - related question: I’ve met two analysts on separate occasions claiming to make $120k base. One at RBC, one at Jefferies.
That sounds pretty far off even compared to the associate base bump. Does that happen anywhere? 120k base for an analyst?
Probably meant $120k all-in. No place pays $120k base to their IB analysts, and definitely not RBC. Pretty sure not even the buyside analyst programs pay $120k base.
Macquarie pays $110k base to their 3rd year analysts, but don't think this translates to higher all in pay. They also promote very few 2nd year analysts directly to associate.
Thanks to both of you guys. Funny how people feel the need to blatantly lie about their salary
Ut aliquid soluta aliquid. Corporis et error culpa amet omnis ipsum. Sequi dicta mollitia explicabo dicta.
Magnam neque repellat eaque dicta voluptatum tempore ut voluptatem. Corrupti quo minima doloremque numquam. Reiciendis dolores id laborum eligendi facere rerum dolorem. Quo accusantium temporibus perspiciatis non nihil aliquid facere. Voluptas voluptatibus ullam vero et dolorem est.
Inventore ut perferendis voluptatum reprehenderit. Voluptas quas sequi omnis optio velit ad. Minus illo maiores ut repellendus. Est aliquam molestiae rem autem est. Sint modi nemo praesentium et est sunt.
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...