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JPM Sales and Trading SA 2021 Overtime
I just got an offer letter, and it mentions that base pay is 40$ an hour, but that only the training week is eligible for overtime in the letter. Why is this true? I thought all interns were overtime eligible.
Staying longer
Hi guys, Currently interning at a bank. I can't really do much atm since nothing has been set up for me yet(access to cap iq for example). I am reaching the 8 hour mark and was wondering if I should stay longer in case they need help with some trivial tasks. I do get paid for overtime, so that's...
In the end, do you make more than $100 per hour?
After browsing through some of the salary information on Wall Street Oasis, I noticed that many positions had an exorbitant number of hours listed. I work for a large Investment Bank in midtown and I work 7 hours per day. Now one might argue that I don't bring home the "big bucks", but after you...
Excessive Overtime Increases Risk of Heart Disease
More good news. A recent study published in the European Heart Journal claims that working as few as 3-4 hours of overtime per day increases a worker's risk of heart disease by as much as 60%. Out of the 6,000 workers studied, 369 of them (over 6%) developed heart disease that led to death, heart...
SA Comp
I did a search, but I didn't find anything specific to this year. I will be a SA at MS IBD this summer, and I am trying to get an idea of the amount of compensation that I will earn so that I can budget accordingly. According to my offer letter, I receive the weekly 70k prorated salary. However, the...
Overtime Pay for FT Analysts?
It was brought to my attention that IB analysts are non-exempt employees (for overtime pay) under federal law. Meaning that all analysts who work 40+ hours per week are due a minimum of 1.5x base salary for every hour worked over 40. However, I have never heard of an analyst sue for overtime or be...
Citigroup Overtime
Can anyone comment on Citigroup 's overtime rate. I recently got an offer that listed the base salary and indicating that my position is a non exempt position, which means I am eligible for overtime for any hours in excess of 40 hours. Does anyone know what the pay rate is for citigroup overtime,...
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