Comp as % of Revenue
How much as a percentage of Total Revenue should a newly founded investment bank should contribute for employees' compensation as a whole and for juniors specifically?
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Would say maybe around 10-15% for juniors?
It depends on many factors not possible to provide figures with no additional info
Lol.. chk the filings of moelis, pjt etc pure play IB, atleast will get an idea of overall comp..
Did you read the question? It's asking for junior comp.
Don't be lazy and do the math yourself using assumptions starting at market/ street salaries for analysts and associates
Those inputs are known, then you just back into what's left between the MDs and VPs. This is modeling bro you make assumptions
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