Hi all,
Have thoroughly researched the site and essentially everything I can find on web regarding 1st year comp for S&T at the BBs. So with that in mind, if one felt that the initial base offer was a little bit light (all other things sounded as expected), a two part question:
A. Is there any honestly latitutude to negotiate up? Would there be conditions that would make it more possible such as a master's or previous non-industry work experience but enough to demonstrate that you are capable of working successfully. If not those, anything else? If not, what would say is the minimum acceptable base in NYC?
B. If so, how would you about doing this; I am thinking you just delicately indicate that you had something higher in mind and were hoping they might consider that figure - certainly wouldn't be asking for something crazy out of the ball park, and then wait to see how they counter.
I guess sort of part 3 - what would be the upper bound that you could reasonably ask for, and from a % standpoint above what was proposed to you, what would be the level at which there's a clear mismatch and it might jeopardize the actual offer?
Many thanks in advance.
Honestly, no, as an entry-level hire (analyst/associate) you are so replaceable, and there is so much competition, that you have no leverage. Aside from variance in bonus tied to performance, all analysts/associates in the same division will be paid the same.
You're just starting and think you have leverage to ask for a larger salary? Wow.
Ok noted, but then back to my other question, what would you say is the minimum acceptable base in NYC?
^^If you are in a front office S&T role at a BB, the minimum acceptable should be the standard $70K. That is also the maximum you should expect. If your offer is below this, I am guessing you are in a sales assistant role or something like that? Can you give us more detail?
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