BofA raises junior banker base salaries by at least 10%.
US:
Analysts up 10,000
Associates up 25,000
VPs up 25,000.
They said other offices will increase in similar ratios (i.e. at least 10%). Effective May 1st.
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Yes. Specifically mentioned would apply to 2021 class. Effective May 1st.
Time for other BBs to step up or else the lateral market gonna be lit
Will this be met with lower bonuses to keep comp flat?
Can anyone provide advise on how to get a 2022 BofA FT offer?
I can't take any more MS please, it was just a joke
If I ever meet one of the GS 13 I will immediately offer oral sex.
If the 475 produce similar results...the offer stands.
Good to see you’ll be living up to your name.
I prefer a higher base anyways
more guaranteed comp
wya Citi/Barcap?
Already emailed the head of our group with this info.
GS believes so
Side note, did BAML drug test you guys ?
BofA the best BB unlike sweatshop GS and MS
Wya DB?
Even if this is the case, you get taxed considerably less on salary than bonus
Imagine working in finance and being this financially illiterate