Having Trouble Telling People My Salary.
Recently accepted my IB offer, I’m 20 years old. It’s one thing to tell fellow finance students that I got the offer - I also have difficulty with this. However, I hate telling people how much I make. In both, I hate making people jealous, and I can tell the instant jealousy. People don’t even try to hide it.
For context, I will be making more than any of my friends (non-IB-community), and family. I come from a humble background, raised as a First-gen with immigrant parents. I haven’t even told my parents how much the job pays (they don’t really know what IB is) since it is more than they have ever made.
Right now, when it comes up and people ask I refuse to tell them. Has anyone else had trouble with this?
IMO, you can just tell them your base If you want. 100k inspires some, but less jealousy than saying you're gonna clip 180 at a boutique or something. You can give vague answers like "its pretty solid yeah" or can continue say you'd rather not say - it's really nobody's business.
Turn it into a joke, I usually say "just enough to afford living in London" and that does the trick
Where I'm from, 99.9% of the people make below what an entry-level analyst makes and CoL is like nowhere close to any major city (a 3-bedroom house is like €50k to buy) so they wouldn't understand the actual purchasing power my salary implies anyway
Not sure what is so hard - you can just lie and say you get paid 80k and they won’t know you lied unless they are actually in IB.
Or just put boundaries and say you are not comfortable talking about those and change subject - if they insist just lie and say north of 80k or something and you earn an hourly wage of McD’s because you are working so much.
Btw an advice for people who don’t know this yet - never tell your actual salary number to anyone close to you as it will never help you. Best case they will be happy for you, worst case they will be envious and tear you down.
I never discuss salary apart from my parents (whom I outearn but I have no problems in telling them as they have some idea of what IB is + they're happy for me) and on a high level, friends in finance to see how are banks are paying + benefits.
If anyone else asks, ofc I refuse. It's rude to ask someone's salary.
Im going back to sleep now gn
Either tell base salary, lie a little and say something that would be a little above-average, or my favourite to people you don't wanna lie to: "You don't ask a woman her age nor a man how much he makes", that always does the job
As long as your parents don't share proof of your total comp. Actually know someone whose father did this. It's so cringe, I'd imagine his daughter would be so embarassed if she knew he was sharing it like a badge of honor.
What country are you at (guessing Canada from your selected location)? Be grateful you don't live where you'd be too worried about getting kidnapped for ransom as the price for spreading such info : )
Just say it 10 million dollars
You expect us to believe that everyone you are encountering on campus and in your life are directly asking you what your compensation is?
And even in this ludicrous scenario which is not Halle being, you expect us to believe you are not intelligent enough to lie?
These humble brag posts keep getting lazier and lazier.
I don’t think it’s smart to ever share exact numbers outside of maybe immediate family. You need to establish boundaries and say you aren’t comfortable sharing specifics but if people push back you can say something along the lines of “I’m grateful to have landed in a role that pays well” and change the topic of conversation.
Break it down hourly and it's not that much once you account for sweaty IB hours lol
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