Intern Pay at BB/EB/MM
What are the highest paying BBs or banks in general. Who pays hourly still? I think Wells Fargo and Goldman still do hourly?
What are the highest paying BBs or banks in general. Who pays hourly still? I think Wells Fargo and Goldman still do hourly?
+125 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 1d | |
+85 | Updated LA Banking Scene (2024) | 61 | 18h | |
+42 | Ranking banks that went under | 26 | 54m | |
+39 | Burnt Out M&A ASO | 22 | 11h | |
+37 | Relevance of A-Levels for U.K. London recruiting | 25 | 18h | |
+37 | Intern Ettiquette | 9 | 22m | |
+33 | A strategy for SA applicants late to the game like myself | 17 | 19h | |
+27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 3d | |
+23 | What are hours like at BBs in London? | 47 | 2d | |
+23 | 2024 new grads who didnt get return offers update | 12 | 2s |
Career Resources
A lot of banks do hourly. They are all pro rata based on AN1 salary
Most of the BBs are prorated AN1 but I think a lot more MMs pay summer analysts hourly.
,
I’m pretty sure WFS is one of the few that pays 1.5 overtime. That shit can rack up during the summer.
0.5 i think?
2x OT is only in Cali
Source: Interned at WF
Yup Wells Fargo IB SAs are paid $40/hr and then $60/hr overtime. A WF analyst told me he made $30k during his SA but it will vary based on hours worked.
Macquarie Cap pays 100k prorated + 0.5x OT. So 48/hour for 40 hours, and 24 an hour for anything above.
My bank offered $20 hour seems super low
What bank? You're anonymous might as well name drop
Yes please let us know so we can avoid it because that doesn't sound right.
Truist
EVR isn't hourly, just a flat amount every 2 weeks
Omnis eos voluptate quas iste tenetur dolorum omnis. Numquam sit laboriosam voluptas ullam qui.
Molestias repellat illo eos earum. Blanditiis omnis ut ea dignissimos aut tempora fugiat. Voluptatum molestiae dicta voluptas aliquam. Repellat nihil aliquid porro laboriosam.
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...