How much do you tip your admins?
I have heard 10bps of base salary or is it based on total comp?
Also how does this change by level Is it 10bps for analysts 15 for associates
I have heard 10bps of base salary or is it based on total comp?
Also how does this change by level Is it 10bps for analysts 15 for associates
Career Resources
Bump
Offer to take them on a date
^
Also who tips people? That makes no sense outside of a restaurant context.
Haha I tip the building staff at both my condo building, even though we have 15 staff members and the building staff at my office building/gate keepers for garage. But yea I don't tip the Admins, on the IS/Originations side, certain teams split their comp pool based on revenue of the team. Aka like if they had a really good year might be a bit more than regular Carry and stuff. But never heard it called tipping. I just heard it called bonus or profit share.
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