What if Banker Salaries Fell?
Sort of piggybacking on this discussion on how much first year bankers really make, what’s the lowest you think the industry could get away with paying? Most people are in agreement that those who go into banking are looking at long term options and exit opportunities rather than focusing on initial salary, but even so, you're still working a ton of hours and would want to be compensated. At what point do you think salary would begin to be an issue and maybe start detracting top talent from the industry?
