Am I Underpaid?
Deleted.
Thanks for those who responded.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Nov 29, 2021Nov 29, 2021
WSO Elite Modeling Package
- 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
- Elite instructors from top BB investment banks and private equity megafunds
- Includes Company DB + Video Library Access (1 year)
Related Content
See more- 0by fluff headin JOB
- 0by D-Rockin JOB
- +18by EBIT_Dee_Ayin JOB
- +40in CF
- +1by Investment Analyst in RE - Commin RE
WSO Virtual Bootcamps See all
Popular Content See all
Career Advancement Opportunities
June 2022 Investment Banking
- Jefferies & Company (▲03) 99.6%
- Lincoln International (= =) 99.2%
- RBC Capital Markets (▲07) 98.8%
- Bank of America Merrill Lynch (▲01) 98.4%
- Houlihan Lokey (▲06) 98.0%
Overall Employee Satisfaction
June 2022 Investment Banking
- Jefferies & Company (▲12) 99.6%
- Lincoln International (▲05) 99.2%
- Greenhill (▲07) 98.8%
- Rothschild (= =) 98.3%
- Evercore (= =) 97.9%
Professional Growth Opportunities
June 2022 Investment Banking
- Jefferies & Company (▲04) 99.6%
- Lincoln International (▲04) 99.2%
- RBC Capital Markets (▲09) 98.8%
- Houlihan Lokey (▲07) 98.4%
- Bank of America Merrill Lynch (▲04) 98.0%
Total Avg Compensation
June 2022 Investment Banking
- Director/MD (9) $661
- Vice President (37) $394
- Associates (189) $246
- 2nd Year Analyst (115) $162
- 3rd+ Year Analyst (17) $156
- 1st Year Analyst (368) $150
- Intern/Summer Associate (77) $148
- Intern/Summer Analyst (288) $91
Career Resources
Related Events See all
- WSO NYC Meet Up: Friday June 24, 6:30pm - 5th and Mad (7 E 36th St)
Comments (10)
What market and product type.
SF/NY/LA market. Mixed use development....
How much of dev$ does your firm do annually?
70k is quite low for 6 years experience, listen to your gut.
To give you an idea I'm 3 years in, 2 ish years in brokerage and 5 months into development. Currently making $50k in one of the markets you mentioned working for a mid sized developer ($10-70mm projects). I plan on leaving after a year and asking for $80k.
I know someone at a well known shop (think Related) making $120k all in at 3 years into their career. You're underpaid and can make a jump. I never got threads saying I'm one year out of school in NY making $100k, very not the norm.
-
- Learn more
- | Suggested Resource
Learn More300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.
Learn moreSounds underpaid. <1 year out of undergrad, $65K base, back office role (granted, high visibility but still).
Edit: I guess according to WSO definition, middle office.
I would say underpaid, I'm currently 6mo. in post-grad at a developer and am currently at an $75k base in a tier-3 market. Would imagine, given your tenure, you could negotiate to a more "market" salary.
Not sure how many deals you would be closing, so if you would say close 3-4 deals in the year that could potentially bring you up to market.
nvm misread
Cum corporis blanditiis nesciunt doloremque adipisci. Enim ut necessitatibus autem aut tempore. Voluptas ipsum eos tempora sequi quae vitae. In accusantium dolore exercitationem molestias qui dicta.
Ut praesentium ea ut nulla repellat incidunt explicabo. Labore sed beatae voluptatem eius. Autem earum totam sed odit ullam hic.
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 Want to Unlock by signing in with your social account?