With bonuses released about a month ago hoping we can share some data points. Ranges are welcome so you don’t dox yourself. Seems like comp roughly shook out like the below
As1: 350-425
As2: 425-500
As3: 500-550
VP1: 600-650
VP2: 675-750
VP3: 800+
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Ah, the jungle drums are beating with the sound of bonus season! Based on the most helpful WSO content, here's what the lay of the land looked like for PJT in New York around September 2023:
Associates: The average total compensation for Associates was $260k. Unfortunately, the breakdown between first, second, and third-year Associates wasn't specified, so I can't confirm the exact ranges you've mentioned. However, it's not uncommon for there to be a significant jump in compensation with each additional year of experience.
Vice Presidents: The Vice Presidents were sitting pretty with an average total compensation of $392k. Again, the specific breakdown by year isn't available, but your ranges suggest a progressive increase which aligns with the typical structure where more senior VPs earn more.
Remember, these numbers are averages, and actual compensation can vary based on individual performance, division profitability, and the overall financial health of the firm. If you're looking to get more granular, you might want to swing from vine to vine across the WSO forums for more specific data points shared by the community.
Sources: Salary progression for F500, PJT Compensation Megathread, PJT is no longer an EB - New logo, PJT, PJT Camberview - Exits, Salary
You have ranges a smidge higher than what I've heard but not far off.
.
Think these are all 5-10% too high and a bit too narrow
Bump
know analysts are probably on a different bonus cycle, but anyone know what they look like? couldn't find them anywhere else
Lol compare this to the VP2 in the MS thread comping $385k
If you care about money DO NOT work at MS. Sincerely, MS employee
Del
Not sure why I’m getting ms for this comment. It’s true. Look at the exits from the MS bankers into great roles on LinkedIn. Compare that to people from other lesser known boutiques having trouble going anywhere.
Does PJT pay all cash up front or do they also have vesting schedule for certain amount?
So did Street comp this year rank 1. CVP 2. PWP 3. PJT?
Flip PJT and CVP
PWP was more than PJT though?
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