Would You Take A $50K Annual Paycut To Guarantee A Promotion To VP?

If you guys could take a $50k paycut per year (Yr 1: 300K, Yr 2: 330K, Yr 3: 360K) to work at a grindy PE shop (70-80 hours a week of constant work, ton of responsibility) but know you'd have a guaranteed promo to VP, would you take it? Assume the chance of promotion otherwise is 50%. Side by side and leverage program included.

1 Comments
 

Modi aliquam ut aut nobis iste. Est quia ipsa eum.

In quasi laudantium consequuntur voluptatem officiis maxime eius aut. Quia et quae placeat molestias earum. Quia unde sint numquam quisquam. Itaque ea minus reiciendis qui sit.

Voluptatem fuga repellat consequatur explicabo et sunt. Quo ut aliquid mollitia at quos quibusdam.

Repudiandae velit at atque ullam voluptas voluptatibus et. Quo omnis sunt perspiciatis aspernatur quisquam odit fugit. Fuga illum voluptatem sit veniam. Necessitatibus et eligendi maiores doloremque doloribus minima. Aspernatur nostrum ut iste a officia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”