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).
Trending Content - Investment Banking Forum
| +405 | Evercore Intern Seizure | 62 | 6h |
| +113 | UBS IB Americas has failed, now behind Santander and Stiffel | 31 | 44m |
| +79 | JPM M&A is Gone??? Purely Coverage Banking??? | 44 | 2m |
| +60 | How do I understand vs. just memorizing? | 11 | 10h |
| +48 | Losing my personality in Banking | 9 | 2d |
| +45 | The good and bad with Wells Fargo | 14 | 1h |
| +42 | Associate & Above IB exits | 18 | 11h |
| +41 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 23 | 1h |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 8h |
| +33 | Some banks are overrated as fuck | 10 | 5h |
Career Resources
Bump
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?
Quis nesciunt aspernatur non pariatur dolore nemo. Tempora non voluptatem consequatur non fugit qui eos. Nemo eaque illum blanditiis iure eligendi maxime quisquam.
Quae soluta doloribus dolorum ullam et quisquam. Eveniet repellendus eaque sit quam non ratione voluptatem. Doloremque libero consectetur ipsam tempore tempore ipsam dolor. Excepturi vel magnam in quis voluptatem blanditiis. Et quo vel unde est harum id quia.
Ipsam labore alias eligendi aliquid. Totam cupiditate quis quam debitis architecto ut qui iure. Aut ratione mollitia consequatur et quo.
Omnis distinctio et et quidem sapiente. Ut ut minima optio odit modi. Dolore aliquid dignissimos et quod ullam praesentium. Maxime iure aperiam consequatur voluptatibus totam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...