Buy-Side Comp Canada
Hoping to discuss buy-side comp in Canada, would be curious to hear everyone's opinions/personal experience.
I spent a few years in retail banking prior to starting as a first year analyst at a boutique firm. My base was 75k + bonus with no set % target.
Since, I have shifted (was laid off, packaged out) to one of Canada's bigger money managers (think large, publicly traded money managers, big 5 bank money managers). My base is now 65k with a target bonus of 10%, I feel this is quite low and wanted to hear what others think. Full disclosure- I do not have my full CFA and have less than 1 year of formal buy-side research experience.