I am going have my SPD on Wed, but I only got limited infor about their team in HK. Is there anyone could answer my questions below about Jef at HK? (sry, some of them may seem silly.
1. what is the return rate ave. for their hk team
2. Is it still global pay?
3. how many SA they hire on average?
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They have a smaller team compared to its presence in the US but do have solid dealflow in sectors like HC, pay should be on par with BBs in HK. Best guess is they have mid single digit SAs given their team size and can't speak on return offer rate. Hope this helps and good luck.
Thank u so much！
HI, wondering what the final outcome was after your SPD with Jefferies? Can you share a bit more on the interview experiences? And if you now work there, mind sharing some info on how Jefferies have been doing in Asia? am wondering if they focus on deals in Greater China or overall Asia as well. Thanks!
HK pay is generally $20 to $25k higher than US since they pay for housing while keeping cash comp the same.
No one other than HSBC still pays for housing now, even for MDs. Some group heads might have their own separate arrangements / perks, but housing allowances are long gone.
It has long been embedded in the base salary instead of separating into housing.
For example, before CS goes bust, they arranged everyone to sign a new contract with housing removed but based bumped by equivalent amount, this is basically a benefit with severance and pension calculated on a high base amount
Among the larger banks, A1 base ranges from lowest of HSBC at ~9k USD to some offering close to ~11.5k USD
HSBC is the very few that split them into base + allowance, which actually makes its total pay lower because pension contribution is based on a lower figure
Hi,
Appreciated you sharing all of these insights regarding pay.
Noticed you are in IB for a third-year back then, and now I wonder if you are still in IB or had exited to other areas such as PE,HF, etc.? I'm curious as now I'm a 2nd-year M&A analyst of a Corporate Finance team at one of the BIG Fours, and want to either lateral to M&A groups at BB or EB, or exit directly to PE. Would like to hear more of your insights or advice on my situation (Can DM each other directly on ths). Thanks!
Best
Hi, I'm currently recruiting for Jefferies 2024 Summer Program. Would you mind sharing your recruiting timeline last year for Jefferies?
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