Is the IB vs. PE Debate Shifting Back Towards IB?
Been seeing increased discussion around the tradeoff between IB and PE, especially with recent elevated bonus figures from some banks. Does anyone think the tradeoff is shifting towards IB nowadays with assoc. 1 comp reaching $400k+? Seems like PE is a pretty massive pay cut (assoc 1 $250k all in I think?) without much in the way of WLB improvement. PE does appear to offer 1) more intellectually stimulating work 2) massive upside if you make it long term and 3) some element of being "in the drivers seat". Maybe PE firms have to start upping comp to match IB to attract talent?
Curious what everyone's thoughts on this are, why are you / aren't you looking at PE with recent developments?