Is my salary too high?
I have an offer at a boutique SF M&A shop. It's kinda under the radar and i would be coming in as a fresh analyst. They offered me 130k to start. Seems way too high. Is this a red flag? Super shocked at this high of a salary. I was expecting like 80k at most base. Maybe they'll stiff me on bonus???
Honestly pretty average, maybe even on the low end due to cost of living. My friend was a first year out at a boutique in LA and they started him at 420k base with a guaranteed 69% bonus.
Not Helpful.
In all seriousness, you’ll be fine man. 130k guarantees you decent comp. Some guys last year bottom bucket made that much all in. Even if you’re bonus is only 10-15k, you’re still doing pretty damn good.
Maybe your bonus will be low. Did they tell you what range to expect?
they didn't specify anything. HR just said bonuses are dependent on performance and the firm's earnings each year.
I don’t understand this post. If a firm wanted to screw you over, why pay you more in guaranteed? They could easily pay you $80k AND stiff you on the bonus. Generally the poor/bad firms won’t want to give you a lot in base, what advantage is that to them?
As for shafting you on the bonus, don’t compare bonus numbers, just worry about all in. If you expected $80 + $80, and you get $130 + $30 that isn’t screwing you over on the bonus, that is just shifting where your comp comes from. Just look at the top firms and benchmark to that (for your all in).
Yeah im being dumb. Just seemed super sus that they would offer that much. I guess how big or small by bonus will be isnt the real quesiton. The real question is what the heck makes them think they need to pay that much. Hoping I dont get boned by psychotic workloads.
Honestly would rather have that guaranteed cashflow comp and a relatively weak bonus rather than the bigger 90 + 80 or whatever fuck that
Nice humble brag
weenie
"my salary is too high"
so fvcking sigma...
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