Associate 2 Comp

Have a lateral offer to join a Canadian MM - offer is for 150k base. Don't have much color on the bonus - will need to have that conversation. 
 

I was under there impression that associate 2 Comp is 175. Any thoughts? 

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Comments (3)

May 5, 2021 - 1:59am

Analyst 1 in IB - Gen

Have a lateral offer to join a Canadian MM - offer is for 150k base. Don't have much color on the bonus - will need to have that conversation. 
 

I was under there impression that associate 2 Comp is 175. Any thoughts? 

Really depends on how they structure their associate class. Example -  A0, A1, A2, A3 follows the traditional 150, 150, 175, 200 salary progression. I believe some banks do A1, A2, A3, A4 which will most likely follow the same base salary progression mentioned. So A2 can be 175 or 150 at different banks. Of course, This is standard bank pay and doesn't take into account EBs or smaller boutique banks. 

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Total Avg Compensation

May 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (194) $234
  • 2nd Year Analyst (110) $151
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (402) $131
  • Intern/Summer Analyst (327) $82