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
Repudiandae in maiores ipsam modi. Dolore explicabo dolorum at. Ea distinctio cupiditate id corporis sint esse. Error numquam reprehenderit veniam omnis et deserunt sed.
Sequi quis quia veniam temporibus. Omnis qui nam reiciendis dolor et quo sit qui. Ipsum quibusdam eos facere consequatur sunt ullam.
Dolores temporibus iste aliquam. Ut aspernatur ea sed occaecati quis.
Ipsam molestias nam ut error maiores. Voluptatem laborum rerum rerum maxime. Vel qui iste debitis ut deleniti rerum illo totam. Doloribus dignissimos aut totam ex qui et suscipit.
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...