I have heard of a 400K salary+bonus for a VP in Investment banking. Do VPs get their bonuses each year. How much would base pay be at this level and how much would the bonus usually be?
Thanks
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That sounds about right. Bonuses are yearly, base would be around $175-200K, bonus would be a similar number.
Thanks ER_Moneky.
Do they get their bonuses every year or does it only occur in certain years when the firm has done really well?
They get bonuses every year. % will fluctuate however.
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