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About tree fiddy
Should be far higher - typically base salary is too fiddy
That's not a BB VP, that's the Loch Ness Monster!!!
Gave him a dollar last week, no wonder he keeps coming back!
Analyst Base: 85-95 Associate Base: 125-175 VP Base: 250-350
Assuming bonuses for Analysts somewhere between 50-80%, Associates 60-80%, VP 60-100%. You can do the math.
Sounds about right - caveat is that at the VP level a meaningful part of total comp will be deferred / stock-based.
At this level the % of non-cash comp goes up every year, so practically speaking your 'golden handcuffs' get larger and heavier every year.
May I ask how much will be non cash comp? Percentages?
Thanks.
***
sounds like you married wrong
You pay 60% in taxes?
think here...what's 0.4/0.7.
but I believe janky is in Cali, so it wouldn't shock me if net of deferred comp, 401k, healthcare, taxes, it approaches 55%
Look at the bright side, at least it's "we earn" and not "I earn"
Savage
***
Stock based comp awarded this year deserves an extra haircut. Bank stocks have been on a freaking tear. Could it be higher when it comes out of lockup? Sure, maybe. But more likely it will be lower.
Oh, and if your firm's stock ever tanks prior to bonus time, they won't give you much of it, and won't replace it with cash either...
This is from a 2016 WSO Thread:
AS 1 - $225k - $275k AS 2 - $325k - $400k AS 3 - $350k - $430k VP 1 - $375k - $515k VP 2 - $450k - $575k VP 3 - $500k - $650k
Thoughts on if this is still accurate today?
I would say generally true.
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