Guggenheim raising first year salary to 100k?

At least this is what is on liquidity. But don't know if legit. Can anyone verify whether or not this is true?

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Comments (40)

  • VP in IB - Gen
May 4, 2021 - 3:41pm

It's real. Bases for Analysts through MDs are being raised. The screenshot being circulated doesn't show all the levels

Analyst 1 / 2 / 3 is now 100 / 110 / 125

All bumps retroactive to January 

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  • Prospect in ER
May 4, 2021 - 3:44pm

Yeah, I saw this, but haven't seen the story anywhere else so don't know if it's legit.

  • Investment Analyst in HF - EquityHedge
May 4, 2021 - 3:56pm

I feel like that gap is large enough where places now have to match, I imagine this will be the standard across banks in a year from now.

May 4, 2021 - 3:49pm

Can confirm this is accurate, and the other comment above about the screenshot not showing the VP & MD raises is accurate

  • Intern in IB - Gen
May 4, 2021 - 3:59pm

Holy shit huge for Analyst 1s in terms of % increase. Second only to CVP in terms of overall comp now. 

  • VP in IB - Gen
May 4, 2021 - 4:14pm

At worst it's moving variable back-ended compensation to fixed compensation with overall staying the same. Always better to get the money now

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Total Avg Compensation

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