First Year analyst pay bump
In terms of first year analyst pay, banks bump pay from year to year.
When do these pay bumps happen for analysts? For example for MS- does your pay get bumped from 110 to 125k In January following your half year? (think there's a post somewhere with standard IB salaries)
It's in July/August at your 1 year
Wait but don't you get promoted to associate in 2.5 years? So you only get Analyst3 pay for half a year?
most firms promote to associate in August, you essentially start the same time as the MBA associates hit the desk
And it's 2 years to associate now
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