Updates to Summer 2022 Intern Salary?
Has anyone heard back from their banks whether Summer 2022 salaries will be increased to match new base increase for A1? Curious specifically about EBs (NYC).
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MM SA in NYC this summer and mine was pro-rated for new bumped salaries. I feel like the general trend is that most other banks are as well.
MM SA in Charlotte and they bumped the salary at all offices to match the analyst pay
BofA bumped to prorated 110k using 60 hour weeks. ~$30.20/hour & ~$45.00/hour for OT
Can anybody confirm if this is true and when it happened? I got an updated offer letter in the fall that bumped me up to $21/hour and OT being 1.5x - so I hope this re-bump is true
Were you all notified via revised office letters/HR email or do you just know? Curious to see if they don’t actually send an update and it’s just factored in already.
Did you find out or are you a 2023SA?
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