Canadian Big 6 Base Salaries
I know that this year some of the US banks did reraises pushing up first year analyst pay to $110k. I was wondering where the CAD Big 6 is sitting at right now. From what I last heard they were paying 95k. Do you think there will be a reraise to what the US banks are paying?
Also, does anyone have any ideas on how the pension funds and buyside shops are paying in Canada. There qas a helpful thread that was done pre-COVID on Bay Street comp, that is probably outdated now.
Are you quitting usd or cad for the 95k?
I am quoting in the local currencies. So Big 6 in CAD and the US BB/EBs in USD. Although, I am assuming the Big 6 in thr US offices would pay the same 95k but in USD.
Bump
~C$95k base for AN1 across big 6 in Toronto
:(
What are the salary levels in the US?
Most US banks are at 110k for first-year analyst, and some banks such as EVR (120K) and CVP (130k) are even higher.
I meant for Canadian banks in the US
Dont quote me on this, but I am guessing it is 95k USD, but if anyone has heard otherwose, please let me know.
any data points on bonuses for analysts that started in Jul / Aug 2021?
At pretty much any level or area of finance, comp is lower in Canada. That being said, CDN banks pay a much higher proportion of the total comp in the form of bonus (ie. total comp might be aligned, but with lower base / higher bonuses)
95k base for my bank
95k base at BMO but got a “top up” in December 10k an1 15k an2
Is it only 95k in Canada? I’m in the US and it’s 100k
Thank you for sharing - this is really helpful
Did you hear anything about them formally changing the base to 105k, or do you feel that is was more of a one-time thing.
Exercitationem enim sed qui voluptates autem quaerat dolorum. Dolorum eos aliquam quaerat deserunt. Non ea voluptates quasi eos. Molestiae eos sed inventore voluptatem. Alias illum debitis rerum tempora illum commodi ut.
Alias magni nihil amet illum officiis id. Iusto rerum quis ut autem. Ut minus qui velit nisi mollitia quod aspernatur rerum.
Ut minus deleniti tenetur recusandae cupiditate. Sed quia et error cum dolor fugiat. Doloremque id quia repellat aut dolores. Quaerat tempora nemo praesentium quasi quis libero optio incidunt. Libero sit expedita omnis officia et.
Praesentium aut eius qui incidunt dignissimos est. Est ea adipisci asperiores omnis quis provident qui.
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...