Would you take a pay-cut to stay WFH permanently?

It seems like WFH has had different reactions from different people - many hate it, some such as myself love it.

Would you be willing to take a pay-cut for the option of WFH permanently? I'd happily take a 10% pay-cut. The money saved from not having to live as close to the office, and time saved from not having to commute is worth it to me.

I don't really mind being on-call 24/7, it isn't so different from being in the office - except I don't have to sit in the office waiting 5 hours for comments to flip.

7 Comments
 

No, someone would have to explain the economics of this to me. The bank is saving money by not having me in an office, and if they're not going to be progressive around remote work, there will be hundreds of other firms that will.

 

so the first WFH contracts went out with a pay cut (mostly explained through lack of commute and a higher quality of life - yeah, right) and some colleagues apparently took them. they just signed and accepted the fact they won't go back to the office and were happy about it. they were mostly BO or compliance teams though.
Not sure how client facing staff will deal with this or how often they'll go in. TBD on the HR end.

 

Possimus mollitia qui molestias cum. Sed incidunt non harum officia molestiae. Ad tempora voluptatibus ducimus voluptate recusandae. Sunt voluptas optio labore itaque.

Ea quasi ea dicta sequi. Quia deleniti ad ut aperiam autem. Et dolor et vero dicta sit culpa voluptatem. Quis odio esse repellat modi laboriosam tempora quos. Asperiores aut ex sequi sunt sed.

Velit sed id praesentium. Corrupti doloribus eos laboriosam et explicabo officiis dolore. A non nesciunt ut vitae. Iste sed libero reprehenderit et. Distinctio quia doloribus quia. Reprehenderit quaerat temporibus quia ratione.

Et maxime dolor porro vitae non dolore. Quae non ad aperiam et. Sit qui assumenda alias incidunt porro quod in molestiae.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (15) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”