Heard a rumor that a junior from my college (top target) received an internship offer(for S&T in NY). What makes this story different is that he/she was offered a guaranteed full-time spot, and along with that an FT salary of roughly ~2x regular compensation (i.e. base of $150k, with potential for the usual bonus). Apparently, the head of the S&T/Markets division personally called this person to give them the offer.
Is it possible any of this is true? I know the student in question is very smart, hardworking etc., and they had interned at a similarly reputable firm their sophomore summer. But a guaranteed FT spot, and 2x the salary?
Does this happen with other top candidates as well? Are kids who interned atafter junior year offered additional compensation to jump to, say, , or maybe a ? Do Consulting or Tech firms dangle extra cash in front of possible switchers? Do these in-demand kids have the ability to negotiate - if not for compensation, then maybe group placement etc.?
P.S. Not sure if the kid is going to a prop desk; could that be the reason for the extra money?