Compensation Advice - Unique situation

karalov's picture
Rank: Chimp | 4

Here is the deal:
- I am starting in S&T for FT at a BB, that will happen in July.
- During my final year I worked with a Hedge fund to work on an important model and really impressed them. (Didn't take their offer for FT as I wanted to work on the sell-side for a few years before working on buy-side).
- Now the HF is asking me to work with them (from now to July) on the same model, work on it remotely and part-time.

Here is my question:
How should I treat this offer from a compensation point of view?
I surely don't want to be paid the salary of a summer analyst (it's just not worth it for me). Should I explicitly ask them to pay me what they pay their 'Consultants'?

Or would I be ruining my relationship with them by asking for more.

Thanks for your advice, really appreciate.

Comments (5)

Apr 19, 2007

What was the pro rated salary for SA?

Apr 20, 2007

And what have they offered you? I say take what they offer, you dont want to piss them off for a few bucks an hour, you are better off doing the work and keeping that avenue open for after BB work.

Apr 20, 2007

Basically I want to take the offer if they pay me something like $50/hr, don't feel like taking the offer if they are offering let's say something like $25/hr. What do you say?

matty: thanks for your response, yeah that's exactly what I'm thinking, try not to piss those guys off.

Apr 20, 2007

Also, if you are going to be working remotely getting paid less isn't as big a deal. At least you get to be at home, and hopefully work whenever you want.

Jun 1, 2007