Next Round of Salary Increases?
Last year we saw banks jump from $85k to $100k (on average) for new Analysts. With the recent Citi/JPM bumps, do you all think other banks will also start raising salaries to match the $110k?
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If you look at some associate bonuses so far this yr they’re just taking the increased base from your bonus so it’s basically a wash. Seems like analysts may have done better last summer with bonus as a % of salary.
True but it's still better even if it's the same comp right? You'd rather have more in base than bonus since the base is guaranteed and the bonus isn't. Ideally the bonus as % of base stayed the same even with increased base, but it's still not the worst thing in the world.
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