Incoming Analyst Pay Raise?
Let me begin this post by thanking all the analysts, associates, and above who pushed for pay increases for the incoming class. GS13 if you’re reading this, you all deserve a round of drinks from every new analyst benefitting from your efforts.
My BB hasn’t given or disclosed any information about this to us in any formalized way, much less given us information when pay raises would be instated. Does anyone know if these rates typically become instated after analyst training/certification? First payslip didn’t reflect an increase.
Thanks for the help!
same exact situation here
Yeah, pretty crazy that our firms wouldn't give any guidance on this (sorry for the ambiguity, Just Personally don't feel comfortable naming the company outright)...
Interested too, I haven’t started yet but my bank has said they were raising bases. Apparently no one incoming has heard anything at the bank. Perhaps we have to wait until training is over?
It could be after training, but some have already gotten their first paychecks after training for a bit and it's the same. Would think someone would comment on it at least.
I agree I’m hoping to hear something before I start training in August but I think OP just posted and what he said made sense. We’ll probably get an email once we start that will give us an update and if not it’ll be probably be back paid after the first paycheck
OP here with an update: confirmed that increased pay will be back-paid on our next paycheck!
You will be making between $25-$35 an hour before taxes in a high cost of living area so don't expect much
bump
Depends on your BB but for the most part looks like most new analysts will have their pay raise backdated if they haven't already seen a change reflected in their pay slips
Ad natus ipsum sed aut nihil fugit quibusdam architecto. Quia quo iste itaque voluptatem. Maxime animi officia fuga odit modi rerum. Possimus pariatur iste totam. Fuga harum ut sed aliquam. Quis omnis ut omnis.
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...