Associate Comp - Paid for base and bonus?
What do associates get paid for base and bonus at bulge brackets?
What do associates get paid for base and bonus at bulge brackets?
+130 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 1d | |
+49 | Intern Ettiquette | 14 | 10h | |
+47 | Ranking banks that went under | 34 | 9h | |
+39 | Burnt Out M&A ASO | 22 | 1d | |
+38 | Relevance of A-Levels for U.K. London recruiting | 27 | 4h | |
+26 | What are hours like at BBs in London? | 48 | 17h | |
+26 | 2024 new grads who didnt get return offers update | 12 | 16h | |
+21 | NEED NY RESTAURANT RECOMMENDATIONS | 17 | 2h | |
+19 | 3.7 at semi target, how can I prep for recrutiing | 5 | 4d | |
+19 | Lateral from BB M&A to MM A&D - Tips for Interviewing for A&D? | 7 | 5d |
Career Resources
$90-120k base salary (depending on firm and level--Associate 0, 1, 2) 0-100% bonus (closer to 20-40% this year)
^20-40%!?!?!? Are you sure?
base salaries can be over 120k at BBs. I've heard 130k to 140k for more experienced associates.
100k to start, 125k post stub
^ this is correct, but I'm still shocked by the 20-40% comment. I'm sure it was much higher, no?
It's pretty to easy to get Associate comp info, just read Dealbreaker. Lots of caps, deferred payouts etc. this year and just shitty as a whole. Not being laid off is the new bonus for career bankers. If i remember correctly, top analysts at JPM got higher bonuses last year than lower-bucket associates this year.
well this thread started 5 years ago but whatever.
base comp is 100 in stub (0) year (+ 25 - 40k stub bonus). As for yr 1 2 3, a couple of banks (jpm for example) just announced a cut from 125, 150, 175 for yr 1 2 3 to 120, 140, 160. Some banks were already there.
from what i heard, top bonuses for first years were 100% with average around 60k (again, for first year associates).
if you got zero they are telling you to leave.
Did any of the BB's not give any salary bump at all? Meaning if you made 100k as a stub you are still making 100k as a Associate 1?
pretty sure citi associates did not get the bump and are still at 100k. everyone else is either at 120 or 125.
BarCap is sticking with 100-125-150-175 bumps.
Are you surprised that 20-40% is too high or too low?
Many places got a big fat 0% bonus this year.. and then I know some of the elite boutiques got closer to 50-60% bonuses.
Re-read your post, you thought 20-40% was too low for 2011? You should pick up a newspaper once in a while.
Or check: dealbook.nytimes.com
Aliquam et atque mollitia totam dolores. Tempore voluptatum explicabo nostrum dolor non. Eveniet aliquid ullam cupiditate quia ex consequatur.
In hic facere odio. Porro quasi autem et aut at. Blanditiis nisi tempore numquam sint. Dolore aut et nam non a mollitia amet consequatur. Et exercitationem adipisci eum molestiae animi. Distinctio atque et dignissimos ipsa. Id nemo non quo saepe vitae reprehenderit vero.
Unde enim optio voluptas alias et ipsam rem. Ut repellendus asperiores provident voluptatem sed perspiciatis minima. Voluptatem voluptatem labore velit alias libero.
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...