Headhunters Lying about Comp?

Hi guys,

I am an analyst in M&A in London and starting to get my feet wet with buyside recruitment. Because of this I have been doing a bunch of calls with the PERs, KEAs, etc. of the world. 

It seems that in every other call, the recruiter tells me that other banks (I am at a mid-level BB) are giving out wayy higher comp than us. For instance, one was telling me that some BBs recently increased A2 pay to GBP 85k and another one told me that mid bucket bonus at MS this summer was 100%.

Is there any truth to this, or are they spinning me a web of lies to push me out the door at my current job?

Cheerio

5 Comments
 

Aren’t analyst bonuses capped at 100% at MS? What are they paying top buckets if mid buckets are getting 100% ?

 

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