S&T Bonus/Comp Thread 2023
I feel we should start keeping tabs on the Sales & Trading comp numbers as much as we can given the current environment. I understand there are less of us than IBD, but that's the whole point of this post. We need data. Sounds like it's rough out there for IBD but seems to be some demand in S&T for solid help. Is comp rising? Are desks increasing headcount even though software has been reducing the need for countless analysts? What's the temp out there for y'all?
Please share any comp info - quarterly bonus, annual bonus, all in projected comp, whatever you want... I know comp structures can vary wildly here
Geog: Not NYC
S&T: Trading
Eq/FI/Comm: FI
YoE: not yet 2yrs
Comp: should be around 185k-200k all-in, work 50hrs a week no weekends
Geo: NYC
Firm: GS - S&T Equities - Sales Trading
Hrs: 50-55 hrs/week
Year: An0
Base: 110k
Signing bonus: 10k
Bonus: idk
I don't see desks reducing headcount due to software abilities increasing anytime soon, maybe in like 5-10 years. I see ChatGBP-like resources making analysts lives 3x easier once GS rolls out their own regulated version, maybe in like 1-2 years.
I don't think this is much help given the fact that I literally just started a couple weeks ago and everyone knows BB's base salaries but I'm here for the transparency wave anyway.
Geo: NYC
S&T: FI Trading - Regional Bank
YoE: 1.5yrs An1
Comp:
Base - 80
Bonus - 20
Expecting EoY:
90 base, 65 bonus