SA Return offer rates in this economy
Will SA return offer rates go down dramatically this summer due to the economy and slower deal market?
Will SA return offer rates go down dramatically this summer due to the economy and slower deal market?
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No, look at what happened in 2021 when banks were clearly under staffed and spent the entire summer scrambling to hire people / keep existing staff around. And that was post-2020, where many banks just straight up guaranteed return offers to SAs (in a much worse situation than we're in now).
SA22s will work from 2023-2025 so there is a lot more consideration than just a bit of macro slowdown. Some weaker MMs/boutiques may cut hiring a bit, but your typical BB/EB is not drastically cutting offers unless the economy gets MUCH worse
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