Trending Content - Investment Banking Forum
| +439 | Is UBS really that bad? | 81 | 13h |
| +293 | Which Offer to Accept: UBS Analyst Role or Part Time Cashier at the Local Taco Bell | 35 | 24m |
| +136 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 21 | 8h |
| +114 | Useless associates | 27 | 1h |
| +92 | AI is insane | 28 | 1m |
| +87 | Differences in Restructuring Teams? | 25 | 21h |
| +86 | Is Houston SA 28 recruiting already over? | 42 | 2h |
| +86 | TPH V.S. Mizuho [HOU] | 16 | 20m |
| +82 | FIG Pigeonholes you - is it true? | 25 | 2h |
| +81 | Shame on you Evercore - SA 28 | 22 | 10h |
Career Resources
Curious as well. Wonder how long it took banks to go from 75k to 85k. Also aren't some banks at 80k and didn't some recently just bump up from that to 85k?
Things might actually not change due to work from home. Many BB might factor in working from home and keep at $85 for a couple more years.
But don't banks save money from not having people in the office, so wouldn't compensating people to use their homes as offices actually increase the salary rather than decrease it?
Companies may see WFH as an extra benefit for employees. That's how lots of upper level people see it because they can spend time with their families and they barely work outside of business hours.
When MS does everyone else will follow suit.
Not soon - banking is the highest paying job you can get out of college and there is no shortage of talent. BBs do not compete with EBs on salary
The crunch is currently on lifestyle and not salary. Think you will see stricter policies on late nights, weekend work, etc (such as in 2014 when everyone introduced weekend policies to begin with) rather than a pay increase
I would 100% take that over 10k as a first year.
fixed..
top tech SWE / data science / design and quant finance would like to have a word. ditto buyside out of school, MBB / T2 accelerated promo and top tech APM programs on the business side
Agree on consulting but everyone brings up tech as a comparison as if its that easy to just decide to be good at it lol. I took some CS classes and the students that have been learning CS for years on their own out of interest rather than just flip flopping from business were so far ahead of me in ability. SWE jobs and internships have actual requirements not just "willingness to learn" or whatever BS banking jobs have on their postings.
Just remember that just because your base pay is $85k, doesn’t mean you will only get $85k. Banks pay your base + bonus, so if they raise the base pay, then in bad times, banks will have a higher employee cost, which means if they need to cut costs, instead of not giving out high bonuses that year, they will be forced to let people go. It’s honestly best to have the base at $85k instead of $90k or $95k, but have variable comp make up the difference.
Atque id facilis eos rerum laboriosam. Qui beatae perspiciatis dolores culpa aliquid quia in. Beatae aut aliquid sunt accusantium explicabo sed impedit cum. Consectetur vitae est vel maxime. Nesciunt dignissimos nulla magnam vel. Hic quae facere consequuntur ducimus minima vel soluta.
Quibusdam cumque esse et sint ex quidem aliquid dolor. Veniam repellendus non eligendi minima exercitationem nostrum aspernatur. Enim est omnis laborum eum. Expedita sunt soluta nihil exercitationem. Laborum odio tenetur aliquam. Ut vero fugiat inventore iste odio rem dolorem.
Recusandae debitis hic iusto perspiciatis id qui. Ut earum reiciendis ut omnis. Voluptatum error dignissimos distinctio aperiam totam. Aut et sint doloremque quia qui. Dolorem temporibus rerum numquam excepturi ut dolorem nihil. Est et sit vero autem. Architecto sint vitae repellendus fuga rerum tenetur.
Velit rem sint similique maiores doloribus id sit. Excepturi quia molestiae voluptatem et porro. Nulla veritatis perferendis sit beatae laboriosam natus earum atque.
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...