Associate 1 to Associate 2 Comp Progression
At an MM Fund ($1-$2B AUM Latest Fund) in NYC in a career track role (i.e., not 2 and out). My firm doesn't do annual base raises so all comp increases come from bonus increases. Typically, how much would you expect comp to scale from year 1 to year 2? (either all-in or just bonus, but please specify).
At a MF and we go up about ~12.5% from A1 to A2 split between base and bonus.
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