2022 Associate Salary (new pay bumps)

Hi all - starting this trend to compare ASSOCIATE pay bumps across the industry. With bonus season already here/around the corner, thought it would be interesting to see what banks/firms are rewarding associates. My bank recently bumped yr 1-3 analysts pay to 100/105/110k but nothing yet for associates. Bonus call is scheduled for next Friday so hoping to get at least the bump to 150k.

Thanks!

The Social Network For Smart Money Investors

  • Commonstock built a platform to showcase the portfolios, real-time trades, and analysis of the smartest retail investors, helping you distinguish signal from noise. 
  • From equities and options to crypto and NFT's, markets are changing fast. It's more important than ever to find trustworthy information. 

Comments (20)

Jan 19, 2022 - 7:06am
Future Goldman Owner, what's your opinion? Comment below:

Just got promoted to associate, new base is 150. 
 

curious for those at JP, is your first year associate base actually 175?

Learn More

300+ 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 more
Jan 19, 2022 - 5:49pm
scottsmithsonian, what's your opinion? Comment below:

would like to know this as well for S&T. 150 for 1st assoc is a bump, congrats.

assoc/VP BB base comp was traditionally:

A1, A2, A3, VP1

125, 140, 160, 175

Array
Jan 20, 2022 - 7:22pm
monkeyboy007, what's your opinion? Comment below:

Odio non velit consequatur eos non voluptatem eos. Doloremque eveniet aut placeat a ducimus nam nisi. Et deserunt incidunt soluta quam non iure. Quis iste necessitatibus cumque optio. Explicabo earum eveniet aut molestiae sit nulla repellendus.

Start Discussion

Career Advancement Opportunities

July 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

July 2022 Investment Banking

  • Lincoln International (▲06) 99.6%
  • Jefferies & Company (▲11) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (▲01) 98.4%
  • Evercore (▽01) 98.0%

Professional Growth Opportunities

July 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

July 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (192) $256
  • 2nd Year Analyst (117) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (369) $150
  • Intern/Summer Associate (79) $147
  • Intern/Summer Analyst (292) $92