Inflation Adjusted Comp?
Just wondering whether you guys are getting bumps or have heard whether firms have adjusted their base for inflation? I'm at a LMM and just seen a 3% bump on my base thisi year which seems quite disappointing given the current environment. I did not get a bump the year before.
3% bump should be grounds to leave in this environment where inflation is more than double that and banks substantially increased salaries. As a reference point, at a $5B+ AUM shop with latest fund $1B+ that raised salaries 40-50%.
Are you guys getting bumps on top of standard pay increases?
For example, I’m at a MF where Associate 1 gets a standard 10-25k increase in pay when they become an Associate 2 (similar to banking). Given the inflationary environment, should we expect a higher increase in comp?
Got a $25k increase in bonus target, no change to base ($300k all-in to $325k). Felt a little low, but I’m up for promotion over the summer (timelines based on hire date) and was told I’m on track, so I’m hopeful it gets made up there
Illo quibusdam excepturi molestiae. Velit magni veritatis esse saepe sint quibusdam molestiae ut. Error enim exercitationem est optio qui. Ex fuga quidem culpa repellat ut et culpa. Consequatur sapiente asperiores at quo fugiat.
Incidunt ab ipsa cumque reiciendis soluta. Tempore dolorem voluptatem voluptas quaerat iure qui. Blanditiis aspernatur quaerat perferendis dolor similique quia iusto. Facere sit quae quis tempora temporibus enim et.
Est ipsum sed commodi officiis. Tempore repellat facilis deserunt ut quod perspiciatis ea. Delectus corrupti ipsa aut.
Est eius aut sit. Perspiciatis aspernatur voluptatibus odit in voluptate harum. Sed rerum accusamus iusto natus. Rem sit voluptatem quis quidem id. Similique repellat molestiae aliquam tempora sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...