NYC Intern Comp is cooked?

At a mid tier BB (Citi/BofA/Barc) next summer and my comp is $30 an hour. Have heard that OT comp is .5x. Confused when my California counterparts will be making $52.88 an hour with 1.5x for OT. Wtf? Is it just my firm that does that? I get it doesn’t matter much in the grand scheme of things but I gotta pay rent hahahaha

9 Comments
 

Crazy. I made more than that at a much lower tier bank with 1.5x OT. Idk what’s going on with bofa

 

It’s weird because a friend is going to BofA PA and he’s getting 52.88 an hour so idk why mines so cooked

 

incoming SA at mid-tier BB NYC and can confirm mine is 110 pro rated with 1.5x OT. Probably just a BoFA thing

 

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