Comments (60)

Jan 10, 2021 - 3:01pm

The total comp number was believable, I was just surprised at the split between base/bonus. For reference I'm a 2nd year associate making close to that base but my bonus is much lower. So I was assuming someone with around that base salary would be near my level, rather than a VP.

  • Analyst 1 in IB - Ind
Jan 14, 2021 - 4:50pm

classic Propsects in this forum... How about you become a bit useful and provide your own salary on your offer letter and bonus band (if communicated) and then ask for something...

  • Analyst 1 in Research - Other
Jan 15, 2021 - 9:22am

From the few data points I've come across I know that some MM starting base salaries are 10% less than some BB's. I also am not sure but suspect that pay at the higher end BBs for research may be slightly lower than the lower end BBs (effectively lower end BBs trying to stop people taking a prestige upgrade) but this is from one data point. 

Bonus wise however i would imagine the bb/MM gap gets bigger. Also, the more senior you get I would imagine both gaps get larger still, although I don't know for sure.

Jan 15, 2021 - 9:38am

MM research salaries tend to be right in line with BB's while bonuses may be lower, based on what I've come across.. that being said a lot of MM research isn't based in New York which has lower cost of living. But I don't think youre necessarily right away MM salaries being lower as a whole. Lots of those places, especially ones with excellent research teams, pay street.

Jan 22, 2021 - 1:10pm

did he say he was an undergrad hire one year out of college? that's not what "associate 1" means at my shop.

And can it ever be?

Jan 20, 2021 - 12:23pm

Does anyone have any numbers for what a first year BB associate (year 1 out of undergrad) would typically get for their bonus? I'm starting full-time this summer and have no clue what year end bonuses generally are for first years working for top ranked II teams.

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  • Analyst 3+ in ER
Jan 20, 2021 - 10:21pm

Depends on your sector but generally 15-20k for 1st year BB is reasonable. The delta is pretty small between worse and best performers within your class/rank. it gets bigger as you get promoted from analyst to associate, to vp, etc.

  • Analyst 1 in AM - Equities
Feb 6, 2021 - 2:27pm

50k pounds + 15k bonus BB 1st year

  • Analyst 1 in AM - Equities
Feb 14, 2021 - 6:35pm

Apologies but i have absolutely 0 clue on comp progression.

I think this is about right for A1 BB in London +-5k  which would be around 10k below average IB bonus

Would appreciate if anyone else could provide data points for ER in London

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