Is the compensation in Vancouver much lower than Toronto CRE? Saw some postings for a junior analyst position requiring 1-3 years with pay being really low with a 6 month contract. The salary was summer analyst level at best and is a 6 month contract. Is this just an internship misrepresented?
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Based on previous WSO threads, compensation in Vancouver for a junior analyst position in CRE (Commercial Real Estate) can indeed be lower compared to Toronto. For instance, a user mentioned making $70k plus a 20% bonus in Vancouver, which is considered fair compensation in the region.
Regarding the specific posting you mentioned (Beedie for a junior analyst position with a 6-month contract and low pay), it does sound like it could be an internship or a temporary position rather than a full-time role. This aligns with the observation that some companies might offer lower compensation for short-term contracts or internships.
In summary: - Vancouver Compensation: $70k + 20% bonus is considered fair. - Toronto Compensation: Generally higher, with more competitive packages. - Beedie Posting: Likely an internship or temporary position given the low pay and short contract duration.
If you need more detailed comparisons or specific figures, it might be helpful to look at additional WSO threads or compensation reports.
Sources: Canada First Year Analyst Compensation, What is Canada comp like?, Investment Banking Summer Analyst Salaries 2017, Toronto - Boutique Investment Banking Compensation, Two Internships Later: What I wish I Knew While Recruiting! (Toronto)
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