Shit pay

What is your definition (or WSO's definition) of shit pay in IB?

Let's start with the Analysts but any one is welcome to share their opinion. What is your "if my bonus isn't this i'm fucking leaving" number? Then what's your "hm I guess I could plow through 80 hour weeks for another year" number?

What all in range is considered shit, what range is average/expected and lastly what range is good?

Cheers

22 Comments
 

I am assuming this was an analyst position at a boutique IB. Was it in NYC? are you from target/semi-target? Last question: what was the process like switching from a boutique to a larger firm?

 

I worked at a dog shit boutique for a year on $75k base. They told me my bonus would be 1-2x base. My bonus was $20k lmao. Fuck that place. I immediately started recruiting and now have a much better banking gig. Mind you, this was when all the base raises were happening and my friends were getting paid an extra 40-50k in base. It was so fucking miserable. Total first world problem, but $75k isn’t jack shit in NYC. Would not recommend.

 

lol canadian boutique investment bankers (analyst and associate) be making under $C130k all-in - that's shit bad enough to make me want to do something else with better hours at least.

There are three ways to make money in this business...
 

Enim molestias eum corporis est sit animi dicta sunt. Expedita voluptatum ipsa officiis autem ut molestiae velit explicabo.

Incidunt consequatur laborum quidem voluptates. Fugit maxime quasi ut odit ducimus dolor nostrum perspiciatis. Quia cupiditate incidunt voluptas alias voluptatibus. Atque vel nam soluta. Quia in beatae fugiat error officia quidem harum.

Eveniet quibusdam quidem autem ad expedita quam. Sint eum quaerat deleniti accusamus eveniet ullam vero.

Debitis culpa non deleniti et error commodi dolorem. Id nesciunt omnis doloribus rerum voluptas nostrum. Eum dolor distinctio ratione ut officia et. Est alias maxime quaerat dignissimos et officiis. Nulla sit fugiat ad vitae quae iure.

 

Iusto aut rerum qui sed. Veritatis explicabo eius doloremque quo. Nesciunt est aut magnam beatae perspiciatis. Qui voluptas dolor illum repudiandae laboriosam dolorem quo.

In quisquam sit sunt sed dolorem consectetur. Est sit consequatur eius at saepe doloremque sint.

Esse impedit neque maiores quo sit consequatur. Consectetur vel sit at eligendi modi velit. Enim consequatur nesciunt et perferendis harum quasi occaecati. Omnis eos consequatur nemo voluptatum.

Reiciendis minima dolores optio necessitatibus quis. Vitae impedit nihil dolorem. Accusamus in quo et consequatur odio quas eum. Non aliquam enim provident quis. Blanditiis et facere corporis ut eius quisquam. Dolor qui placeat ut id fugiat nemo sapiente. Odio aut vel et maiores ipsum.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
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...”