Getting Paid Less than Other Intern Who has Less Experience

Hello All, the title explains my situation pretty clearly.

I am an intern at a fairly large regional bank and am working in a team with one other intern (the company has nearly 30 CB interns in total, my group has two) and I recently discovered that the other intern I am working with is making a decent amount more than I am (We are paid hourly in case that is relevant).

This typically wouldn't bother me if the pay disparity existed for a valid reason, however I can't find one. This internship is my third with a commercial bank, while the other intern has no previous experience. We both go to non-target schools of similar quality, and my stats are somewhat better overall (4.0 vs 3.6, more leadership experience, etc.). I am from a different state than the location of my internship (same state as the school I attend) that has a higher COL and the other intern lives in the state I am working in. The other intern says he did not negotiate pay at all during the interview/offer process and had no competing offers at the time of acceptance while the bank expedited their process while interviewing me due to a competing offer with another bank (I did not disclose how much the other bank was offering to pay me).

I truly have nothing against the other intern and we are on very friendly terms, I'm just trying to understand the pay disparity and determine if it's worth bringing up. I have expenses and the difference would certainly improve my situation, however I fear I may harm my chances of a return offer.

Any feedback or advice pertaining to my situation would be greatly appreciated.

3 Comments
 

Damn that sucks

Do you think it's worth bringing up? I normally wouldn't hesitate but the internship has otherwise been great along with the company and I don't want to kill my chances of a return offer.

 

Doloremque alias dignissimos labore ut eligendi in voluptas. Ea voluptatem nemo voluptas beatae et. Dignissimos dolor facilis ut omnis doloremque.

Vel similique et dignissimos vero nam ipsum error. Unde rerum qui nostrum provident. Vel porro explicabo nihil delectus dolor laborum expedita molestias. Maxime molestiae ea quis. Qui alias velit et qui. Aut tenetur non animi. Commodi voluptates aut aut eum qui dolorem.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”