Hello everyone, I know that BB pay approximately the same (85k base and ~70% bonus), but I have read from previous posts that apparently DB and GS pay less than the other BB. Could anyone confirm this? Thanks a lot in advance.
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I believe BofA's top-bucket all-in comp is quite generous, more so than that of other BBs (at least at the Associate level). But someone correct me if I'm mistaken
GS pays the least. I know a top bucket first year that got a 35k bonus (don’t believe it was a stub). BAML pays the most from the analysts in my friend group.
Any idea what range BAML falls in?
JPM apparently pays shitty
Have any numbers for A1/A2/A3 you’ve seen?
For the UK, you have the Arkesden compensation report that compares comps between BB: https://www.arkesden.com/compensation-reports#.X-oslmm2zqt
Any ranges for Barclays and CS?
CS 35-65
Anyone have a range for Citi?
GS and MS tend to pay less (at least at the analyst level)
Any range for DB?
Following
So GS/MS/JPM/DB/UBS pay something like 30-70% of your base for analysts? And BAML pays like 60-90%?
It sounds like all BBs pay terribly. And how does this compare to Jefferies, Cowen, HL, and other MM banks?
70% is not the top for BBs (MS/JPM and even CS). 60-70% is mid-bucket land. 85-100% is reserved for top-bucket
Top bucket this past year was 75% for cs
Not sure why I got ms for this but there are definitely people who make 85-100% bonus both in coverage and product at said BBs. If you ms’ed me you’re saying that a 1st year analyst can’t make beyond 145k all-in and that’s just false.
Not sure if groups have say in the buckets, but know at GS/MS A2 bonuses are ~100-125%, while A1 bonuses are ~50%. I imagine this is to prevent people from leaving early.
Literally who cares. Are you going to turn down GS TMT/FIG for Guggenheim because they pay slightly higher bonuses? No, no you are not. That’s why they pay marginally lower bonuses.
Quite a few people turned down GS TMT or FIG each and every year for other banks. Thx for trying to help tho intern.
I’m sure the sole criteria for choosing a different bank over gs tmt is not financial considerations otherwise that is quite shortsighted.
No shit but that decision isn’t being made based on an extra 15k post tax...
Idiot
In London GS/MS pays the least and DB/BAML pays the most.
In London BAML also have a 18-21 month analyst program so you get promoted to associate really quickly/early. Which means earning a lot more faster than other BBs.
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