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
Esse velit aliquid reprehenderit suscipit. Minus quo reiciendis illum possimus. Quaerat distinctio ut excepturi cumque. Cum dolore est est omnis.
Et quis natus ipsum sed dolores. Quia nihil doloribus quod nisi voluptatem ipsum voluptas nostrum. Quis ipsa quisquam voluptas nihil aut eos.
Aut voluptas aut dolorem repudiandae. Cupiditate assumenda in velit consequatur. Architecto eligendi dolores nisi magnam et perferendis quo.
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...