IB SA Overtime Pay

If intern hourly pay is $40, how can the firm pay me half of hourly rate for overtime? Is this legal in NY?

5,967 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '25 Nov 2026 Cohort

5.00/5

Investment Banking Career Roadmap (optional)

“Parsita was extremely helpful with providing me a detailed breakdown on the different areas of an investment bank, from which I was able to gain a greater understanding into which areas I would like to focus on. She also was able to provide me a breakdown of the areas within sales and traading. Overall the meeting was extremely helpful and insightful, I would definitely reccomend her to anyone else who would like to gain a up to date, in industry, understanding of areas within IB. In particular which areas are growing more than others.”

Class of '29 Sep 2026 Cohort

5.00/5

Investment Banking LinkedIn Review

“My mentor was very helpful, and I appreciated how efficiently she moved through my review. She gave me a great deal of immediate, practical help, so I could apply her suggestions right away. She also resolved my concern about being seen as too bold on LinkedIn. Her guidance gave me confidence in how I present myself and reach out to professionals in my field. Her feedback was clear and specific, and her pace kept the session productive from start to finish. I left with a stronger understanding of how to approach LinkedIn and networking. I recommend her to any student who wants direct, efficient feedback.”

See All 11,107 WSO Academy Reviews

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Analyst 1 in IB - CB

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Authored by: Certified Investment Banking Professional - 2nd Year AnalystCertified Investment Banking Pro

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