With all the pay raises among all the EBs/BBs, was wondering if anyone had any insight into how long it generally takes for lower MM / regional boutiques to catch up. For reference, my bank used to pay around street at $85k base, but only rose to $90k with no indication of further raises. I know it obviously differs bank to bank, but does anyone have any indication on how long it generally takes smaller banks to follow? Thanks
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My opinion is that they’ll raise it if they notice theyre losing a lot of talent to the higher payers, if not then they have no reason to
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