Pay cut for exit opp... is that normal?
Title sums it up: is it normal to have to take a pay cut to move to an exit opp from S&T? I’m looking at a job that would put me at ~$150k all-in (from ~$210k as an S&T associate). Maybe this is a standard trade off for a better WLB.. or maybe it’s a low ball comp package. Anyone have data points / know whether this is fairly common?
How could we ever know if you don’t even say what the job is
If this is bank to a bank there should be no decrease in guaranteed income
If it's a different company then yes income will be lower. Banks pay more than most, if not all, trading shops(talking base salary #'s)
This would be for a top 20 AUM FoF. Wondering what the point of exiting S&T would be if the comp is so much lower and the WLB in S&T is solid already
what tasks would the job entail? trading? or evaluating managers/funds, investor relations / fundraising, or something else?
Illum incidunt dignissimos excepturi non praesentium praesentium harum tenetur. Quis cum nostrum consequatur ex. Perspiciatis quasi unde veniam iure asperiores adipisci tempore. Quo repellat qui ipsa delectus.
Pariatur sunt expedita eligendi sed sunt numquam. Qui qui cupiditate deserunt ut. Laboriosam omnis voluptas vitae commodi tenetur nihil minus.
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 Unlock with your social account...