Is BofA offering a bad salary? or is this a mistake?

I received my BofA sales & trading summer analyst contract and was shocked at how low the hourly rate is (~$30/hour). Compared with my UBS offer for the same role (~$53/hour), it is a no brainer for me to choose UBS. Does anyone else have experience with BofA s&t salaries? Is this a normal salary? Should i negotiate for a better one? 

8 Comments
 

My offer is $45/hr in NYC for 2025. Regardless, BofA is probably better than UBS career wise, no? 

 

Are you doing S&T or IB? If you are doing S&T I am a little concerned that my salary is significantly different to yours... 

 

Oh to be clear I’m not at BofA lol I was giving my salary at another bank for comparison

 

unless money atm is a real concern, base your decision off of long-term vision wrt desks and ppl.

 

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