Diversity vs Non-Diversity Base Pay Discrepancies?

Do diversity hired get paid differently as non-diversity ?Context: I'm a SA, I compared my hourly wage (diversity) to a non diversity hire and they are getting paid more than me even though we are basically doing the same job.

Comments (41)

  • Analyst 1 in IB-M&A
Jan 13, 2022 - 7:22pm

Prestigiouslndividual

Haha well sucks to be an african gorilla😹😹😹, but then again you "humans" encounter 5% of the difficulty of breaking in as a normal, human, non african/hispanic kid so it evens out.😹😹😹😹

Stop whining you cunt, and pray to your african tribal spirits or shamans that we're not punting you back to africa or deporting your filthy kind back to the stone age😹😹😹😹, with how you filthy "humans" are stinking up the ivory towers of the USA and England with the stench of fried chicken, watermelons, kool aid, mac & cheese, hennessy and whatever tree barks you eat in your villages😹😹😹😹

😐

  • Research Associate in AM - Equities
Jan 16, 2022 - 11:23am

Prestigiouslndividual

Haha well sucks to be an african gorilla😹😹😹, but then again you "humans" encounter 5% of the difficulty of breaking in as a normal, human, non african/hispanic kid so it evens out.😹😹😹😹

Stop whining you cunt, and pray to your african tribal spirits or shamans that we're not punting you back to africa or deporting your filthy kind back to the stone age😹😹😹😹, with how you filthy "humans" are stinking up the ivory towers of the USA and England with the stench of fried chicken, watermelons, kool aid, mac & cheese, hennessy and whatever tree barks you eat in your villages😹😹😹😹

Bruh why the rant?

  • Prospect in IB-M&A
Jan 13, 2022 - 8:32pm

While I completely agree with the rest of the other comments in that "PrestigousIndividual" is a piece of trash, please realize this user's a useless troll on the site. I've seen them on multiple threads these past few days trolling on posts that people want real insight/ advice on. The more people reply to them, the more fire they get. Just ignore. Hoping admins delete this garbage account with the racism (I've seen a lot on the site, but calling someone a gorilla like wtf?!)

Jan 13, 2022 - 4:55pm

Give some context of the pay difference so we can help answer..

What is the pay difference amount? What bank? Are you in same group? Etc..

Hard to answer this question without that information

  • 1
  • Intern in IB - Cov
Jan 13, 2022 - 6:30pm

Are you a sophomore and they're junior interns? Buddy no one is underpaying AA candidates if anything diverse candidates nowadays get paid for due to demand

  • Prospect in IB - Cov
Jan 16, 2022 - 11:25am

You were hired on worse / easier standards so you're getting lower pay...I don't see the problem here

Jan 13, 2022 - 6:59pm

Would also note potential differences in tax elections / state of primary residence as possible sources for discrepancy. For example, if you live in NYC, you're subject to city tax whereas someone with a primary residence out of state is not subject to NY city tax. If you and the other person feel comfortable, you can compare the withholding items line by line on your paystubs and see where the difference is. 

Edit: this assumes identical titles

  • Intern in IB - Cov
Jan 13, 2022 - 7:29pm

I have both a sophomore and junior year internship with the same firm, but my offer letter for junior year won't be sent out until a week before I start my sophomore internship (so around late May/June)

Will my junior year offer come with a pay bump ?

  • Analyst 2 in HF - Event
Jan 14, 2022 - 4:20am

OP needs to step out of that victim mindset and provide more information besides "another summer analyst is making more than me." Have you seen the news lately? Have you heard of affirmative action? Firms are paying TOP dollar to hire and retain top diverse talents. They would not want to lose you over a couple of dollars an hour and risk an entire lawsuit. Use your brain and stop creating unnecessary conflict. 

  • Intern in IB - Cov
Jan 14, 2022 - 9:20am

Nobody is playing the victim role. I simply asked if different pay is a thing given that normal hires are usually much more qualified thus they are given a higher base pay.

  • Analyst 1 in IB-M&A
Jan 14, 2022 - 8:26pm

Diversity candidates get 40k more at one EB in signing bonus.

Jan 16, 2022 - 11:47am

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Jan 16, 2022 - 11:49am

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