Corp Dev Comp
Curious what everyone is seeing for Corp Dev comp in terms of Salary and bonus. Thinking that this may be a very real exit, but curious how much of a haircut one will have to take.
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Career Resources
Had a few interviews for associate roles. 18 months of experience in MM consumer IB. Initial guidance for comp (all pre-offer) was as follows:
- Small publicly traded consumer tech company, hybrid working in suburbs of HCOL area (not SF or NYC): 120k base, 15% base. 138k TC
- Very large publicly-traded tech company, fully remote: 120-130k base if located in Bay Area (they change comp by region which was very annoying - ~20k haircut for any non-NYC/SF Bay Area location), 10% bonus, 12k / year RSU with some vesting. TC 145-155 for NYC/SF Bay Area
Had a few others but I need to dig around for my notes. All-in was around 125-150 for most of these roles it seems. Would not take anything less than 130k, personally, and would try to negotiate up to 140k all-cash if possible. Tech valuations still seem high and it's unclear when we'll hit the floor.
Can someone please provide more color on the hours they're used to with associate roles? Happy to take a pay cut for substantially less hours but if I'm gonna be doing 55 a week might as well do VC/GE for more money and a better learning experience.