Do you think anyone has ever offered a MD a %

Do you think anyone has ever offered a MD or VP a % of their income if they could help them find full time employment in IB?

There has to be have been some individuals who have been this desperate.

Or even just a straight up dollar amount?

Just curious.

 

1.) That % of your income would be way too small for an MD to reasonably be incentivized. 2.) Even if that % was a lot, it would not be worth the reputational risk that the MD would face by getting caught. 3.) If you pay a % of your income but one day decide not to, there is no way the MD could legally enforce you to the contract, since it was illegal to begin with.

 

I guess that's what I am getting at.

Is it illegal? It's just headhunting/paid networking, assuming he doesn't get you hired you on where he works.

That's why I changed I mentioned VP as well. Lets assume it's a hefty chunk (20-30K) wouldn't it sway a bit?

Never would consider but was discussing it with a group of friends last night.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

20-30K won't sway MD's and most VPs.

It also isn't headhunting. Headhunters are paid by the firm to find good candidates, so the incentive is for them to place people and to place good people (if they get a reputation for doing well, they will get more business, if not they'll be fired). If you pay the MD/VP you are paying for them to hire you, as opposed of them being paid to hire anyone (or a good person).

 

Debitis officiis cumque non iste. Architecto est consequatur praesentium veritatis. Ex aut occaecati ex nihil atque. Consequatur omnis reprehenderit et quae perferendis. Esse sapiente ut necessitatibus maiores magni omnis.

Quasi qui autem voluptas eligendi. Rem quaerat est dolorem sed. Quia odio qui magnam enim. Eum labore in dignissimos quod aut harum eos. Culpa accusantium aut facilis et exercitationem ad expedita.

Omnis maxime ipsum aut dolores. Accusantium non assumenda sed fugit rem enim. Qui excepturi magni autem voluptatibus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”