IB salary is low - you’re making peanuts!
Stumbled across this chart and found it to be fascinating. The person working as a teller for WF wishes they were in IBD at WF and the IB guy at WF wishes they were at GS and GS guy wishes they were at a MF and it’s so easy to get caught up in comparing yourself to others that you can get completely detached from the real world. Your bonus in one year is likely greater than the average person in Haiti or Somalia’s lifetime earnings.
From 2016 so slightly outdated and purchasing power parity is different across the world but still, goddamn. Getting paid six figures out of undergrad is pretty legendary in itself. We’re doing just fine. Even if you work for Nomura..
100% agree, though methinks this won't land so well with everyone on WSO
What is CoL like in Moscow
how much are iPhones or Mercedes?
Moscow is as developed as most Western cities. Maybe a little less suburban but that's it. It's the rest of Russia that's impoverished.
doesnt take COL into consideration so it is pretty redundant.
$35,000 living in Paris is a lot worse than $50,000 in New York... (and hell of a lot worse than $150k as A1)
Imagine 33k in Singapore...
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