What’s your effective hourly wage?
Interested in seeing how much (or little) us monkeys are roughly getting paid on an hourly basis.
Please list type of bank (BB, EB), position, and (roughly) the hours that YOU worked along with your calculated wage! Interested in seeing how it scales with promotions.
interested
$420.69
$60/hr first yr analyst
I assume that includes bonus? Would you mind giving the breakdown of effective wage * hours * weeks?
fuck off dude
For most people I'd say it's around ~$40/hr. Based on $150k comp and 80 hrs/week (assuming 50 weeks).
This is accurate. Exported my hours (we have to submit to staffer every week) and ended up at just under $40/hour applying the average of the weekly hours to 51 weeks worked and total comp.
41$ an hour not including bonus at a top BB.
this is every BB on the street in NY I feel like
bumpy wumpy :3
~$105 last year as a top bucket EB associate. Probably closer to ~$125 this year as a top bucket EB associate assuming flat comp to last year for each year.
Is this assuming an 80 hour work week, 50 weeks a year? Or have hours decreased now given the promotion to associate?
Almost no one works 80 hours a week on average, even as an analyst. Weeks get that bad (and worse) but that’s not the norm. It assumes about 70 hours for 50 weeks, though even that’s probably high and I could bump those numbers up some.
EB, An1, about 43 cents an hour
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