Am i fairly compensated?
I was paid 95k salary with 20k performance bonus my first year
I was paid 95k salary with 20k performance bonus my first year
+81 | Q&A - Buyside Equity Research Analyst/PM | 29 | 1w | |
+24 | Clues in Financial Reporting Analysis | 7 | 1w | |
+17 | Am i fairly compensated? | 9 | 1w | |
+14 | Data Science to PM | 8 | 2w | |
+14 | Heard they don’t model at Oppenheimer | 10 | 3w | |
+12 | ER - Remote Jobs? | 8 | 1w | |
Equity Research at Bank vs IG, High Yield & Leveraged Loans Research at Asset Manager | 4 | 6d | ||
+11 | Who uses sell-side Strategists? Are they valuable? | 4 | 1w | |
+10 | What Is Everyone's Exams situations like? | 10 | 5d | |
+8 | ER Internship Advice | 2 | 2w |
Career Resources
You can ask for a raise, but do realize that A) markets just got tougher post-CPI B) Top 10 investment bank doesn’t even make sense. It is either JPM, GS, MS, BAML, or even Citi, and that are the bulge brackets. Really cannot compare these to say Jefferies or Nomura or Barclays. C) You said it yourself - you were just decent. Not wonderful, not stellar - so why, when markets just got tougher, should one give you a raise?
EDIT: And it is your first year…how do you even you’re good enough at what you do in order to justify a raise? Have any clients raved about you? Have you created a new product (not a report - an actual product) that tons of people enjoy? I mean, it is your first year, a rookie - learn the lay of the land, ply your trade, improve, and you will gain recognition.
I understand where you are coming from
Made 125k + 50k year one. What bank?
msg me i can't message you
msg me
Sent
Which bank? Seems underpaid to me based on anecdotal data and the comp survey. This seems more inline with some boutique research shops
msg me if want to chat
Dicta dolore vitae aperiam voluptas tenetur. Quasi sit placeat nulla distinctio nam aut. Non illum qui sequi ea occaecati excepturi. Illo vero ut facere commodi amet vel.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...