No annual raise for analyst FO - common?

jacobk's picture
jacobk - Certified Professional
Rank: Senior Chimp | banana points 16

Without giving too much away, I work at a MM in a FO role. It was a bad year for our division. I didn't receive an annual base pay increase for the year despite a good review. I was told it was because it was a bad year. Is this uncommon? Should I be worried or is it a reasonable thing considering it was a bad year?

Investment Banking Interview Course

  • 7,548 questions across 469 investment banks. Crowdsourced from over 500,000 members.
  • Technical, behavioral, networking, case videos, templates. All included.
  • Most comprehensive IB interview course in the world.

Comments (4)

Mar 15, 2019

Run fast

Mar 16, 2019

Anyone else have an opinion on this? I don't want to overreact but I was pretty shocked/concerned.

Mar 16, 2019

As far as I know every BB (mine included) gives annual raises to analysts

    • 1
Funniest
Mar 19, 2019