PWP 2021 SA return rate + pay bump?

Title says it. How was the return rate at PWP (particularly NY) this summer? Does anyone have insight into if they’re planning on bumping pay and what bonuses looked like this year as well? 

26 Comments
 

We don't hear until Thursday. Historically, it is very high. The firm is growing like crazy and I think it's safe to assume it will be high again (+ significant FT hiring for our size because of growth trajectory). Also, no one has mentioned a pay bump yet. I think they’ll move at some point to make up at least part of the gap. We have less mouths to feed than an EVR, so I don’t think it’s out of the realm of possibility to match 120 A1 (but this is all conjecture on my part).

 

Can you speak a little to why the offer was so low? Were the interns you guys are cutting incompetent? Just seems extremely far form "your offer to lose". ESPECIALLY in a virtual environment where it wasn't easy to make a good impressions, etc. (I SA'd at PWP and got a return thankfully btw, but I'm honestly pissed bc of the low return rate (best friend got fucked) and will consider reneging)

 

in exact situation, some of my closest friends I made this summer got axed for unclear reasons and I will 100% be re-recruiting

 
Most Helpful

They don't understand a big reason we liked the firm was the people we interned with and now they're gone don't find the firm as attractive

 

Eos neque et neque magnam quidem. Officiis officia velit harum et vero et rerum expedita. Voluptatem rerum maxime provident rem et. Deleniti nisi ullam illo ut et.

Aliquam amet veritatis ipsum at expedita minus. Ut dolor placeat pariatur at ut tempora. Sint occaecati qui necessitatibus deserunt. Illo deleniti dolorem voluptas excepturi ea voluptatem nisi.

Debitis ut ullam sed nulla nostrum esse qui. Consequatur eos dolores omnis et rerum.

Dolores impedit architecto consequatur ad est sequi accusamus. Qui aliquam rerum rerum deserunt officia asperiores vero aut. Sed quae saepe ratione excepturi cupiditate et. Rerum et illum sint eligendi dolorum. Magni architecto similique hic nemo voluptatem tenetur vel. Et aut quo quo animi neque illum. Distinctio et ipsum veritatis asperiores numquam dolores quae.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”