Wells Fargo recently announced a pay increase from $40hr to $53hr
Potential Payout
Regular Pay: $53hr * 40hrs= $2,120
Overtime Pay: $79.50hr * 35hrs= $2,782.50
$2,120 + $2,782.50 = $4,902.50 per week
$4902.50 * 10 weeks = $49,025
Signing bonus: $2,500
| +189 | Americas M&A League Table Q2 Updated | 75 | 15h |
| +141 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 36 | 6h |
| +118 | Restructuring: Anti-climactic Experience | 31 | 8h |
| +86 | IB Net Worth / Savings Check | 38 | 3h |
| +75 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 2d |
| +51 | Boutique firm wants access to my LinkedIn? | 40 | 1d |
| +48 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 12 | 11h |
| +40 | Investment Banking is Hard | 17 | 1d |
| +31 | PWP vs BofA | 24 | 4h |
| +30 | AI + Financial Modelling | 7 | 1h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Here I am at a top BB with $85,000 prorated salary. WTF
Was the "top BB" necessary? we get it, you work at Goldman. they literally hate their employees and are the only ones pro rating to 85k lol
Current SA at bank that has pays 110k prorated already. I can say that you’d think this is what you get paid (I was excited thinking I’d make $45k+ this summer) and then you realize that you get hit with 38% taxes and it averages out to like 35-40/hr…
38% taxes at that income level can’t be right. Might just be withholdings. I’d expect to get a chonky tax refund.