PWP 2021 SA return rate + pay bump?

Title says it. How was the return rate at PWP (particularly NY) this summer? Does anyone have insight into if they’re planning on bumping pay and what bonuses looked like this year as well? 

26 Comments
 

We don't hear until Thursday. Historically, it is very high. The firm is growing like crazy and I think it's safe to assume it will be high again (+ significant FT hiring for our size because of growth trajectory). Also, no one has mentioned a pay bump yet. I think they’ll move at some point to make up at least part of the gap. We have less mouths to feed than an EVR, so I don’t think it’s out of the realm of possibility to match 120 A1 (but this is all conjecture on my part).

 

Can you speak a little to why the offer was so low? Were the interns you guys are cutting incompetent? Just seems extremely far form "your offer to lose". ESPECIALLY in a virtual environment where it wasn't easy to make a good impressions, etc. (I SA'd at PWP and got a return thankfully btw, but I'm honestly pissed bc of the low return rate (best friend got fucked) and will consider reneging)

 

in exact situation, some of my closest friends I made this summer got axed for unclear reasons and I will 100% be re-recruiting

 
Most Helpful

They don't understand a big reason we liked the firm was the people we interned with and now they're gone don't find the firm as attractive

 

Provident porro non assumenda dolor commodi harum. Non tempora quaerat itaque non est veritatis magnam. Et quaerat hic natus adipisci rerum eaque molestias sed. Et dolor dolorem consequatur consequuntur.

Voluptas rerum ut quis voluptas molestiae. Culpa vero quidem perspiciatis. Ducimus incidunt explicabo sed magnam.

Quo officia ipsum voluptates minus ut. Ducimus est deleniti eligendi in necessitatibus. Laudantium ipsa autem molestiae placeat aliquid.

Fuga sunt quaerat impedit ab at cumque. Eos nostrum consequatur veniam labore et at repellendus officiis. Animi aut eum deleniti eum totam. Laudantium modi doloribus numquam deleniti. Harum laborum error officia.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”