What we get as incoming analysts vs. what to plan to buy
I'm an incoming FT analyst at an EB and I am curious what equipment banks tend to give vs. what analysts need to purchase for themselves. I didn't do SA in IB so I'm not really familiar with what the gear setup usually is. I'm super type A about my budgeting so I am trying to plan ahead.
Is it safe to assume that EBs provide a laptop at the very minimum? Also, should I assume things like WFH gear (i.e. monitors, dock, keyboard, mouse, etc.) is not provided if not mentioned in offer letter? We are on a hybrid schedule so I will be WFH at some points. Also, what is the deal with work phones? Do most firms provide a work device or is it a BYOD situation? Lastly, is there anything else I might want to budget for that might not be provided like a printer (necessary?) or something else I'm not thinking of?
Thanks!
Work at Lazard and we get company-owned work laptops + a one time $300 WFH stipend. Believe it used to be higher but it was $300 when I joined.
No work phones provided but a $75 monthly cell phone plan stipend. Most people use the personal phone but some buy an extra phone to use for work. The plan stipend probably pays for one after a while.
Thanks!
If you just use your personal phone can you basically buy an iPhone 14 + plan and use the 75 per month to cover that?
Yep would take some time to break even but you can do that, most people buy an older iPhone if they’re gonna buy a new device for work
EVR: Work laptop and work phone provided. No WFH stipend. Rides are paid for only to and from happy hours / company sponsored events
Wait what? EVR not covering ubers home from office anymore? This has to be a mistype
Maybe that’s still a thing in NY but not where I’m at. Not a miss type
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