With the pay raises for juniors, I was wondering where these pay raises are coming from? Obviously there was an insane amount of deal flow this year, but for banks that will continue to pay higher salaries in the future, will this come from senior bank members' salaries? Or will it come from the impact the profit of the bank as a whole?
Thanks!
| +365 | Don’t work at UBS - UBS Sucks | 34 | 13h |
| +326 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 17h |
| +106 | Should My Intern Get a Return Offer? | 44 | 40m |
| +60 | When to Leave Office as Intern | 8 | 3d |
| +54 | Best IB Group Overall? | 30 | 12h |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 3d |
| +33 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 28 | 1d |
| +33 | F*ck it I'm Going to Med School | 13 | 7h |
| +31 | STEM student lost in London IB recruiting | 17 | 2d |
| +26 | [HELP REQUESTED]: Take A2A Promo or Go Corp Dev | 9 | 3h |
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.
your future bonuses
Also wondering
This year (and clearly banks are projecting it into the near future as well) record deal flow = record revenues, so it’s easy to justify the pay bump.
In the future when there’s a recession or deal flow dries up for whatever reason, it probably is coming out of our bonuses. Don’t know a bank on the street that was paying bonuses below 25k ever (the amount of the raises), so if things are bad they can always slash bonuses and total comp will end up the same.
Autem nostrum magni consectetur. Perspiciatis sed et sunt ratione et sint. Optio iure similique nihil architecto aperiam nesciunt voluptatem. In dolor expedita nihil sed aut inventore in. Quas quia repellat vero ut et nam velit. Similique ad laboriosam laborum voluptatem.
Voluptas dolores nihil repellendus eius repellendus autem possimus. Quos labore nemo quod consequatur. Quia explicabo in consequatur dolorum. Necessitatibus reprehenderit eius consequatur et unde commodi veritatis necessitatibus.
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...