Say what you will about banker pay, the one thing I really respect about investment banking (having a family member who is an ibanker) is the transparency aroun

Say what you will about banker pay, the one thing I really respect about investment banking (having a family member who is an ibanker) is the transparency around pay in the industry. To some degree there might be collusion to set wages (although at their pay scale I'm not sure they care), but all ibankers know what to expect pay-wise at X years of experience, perhaps with some slight variance based on other factors. So there is a distinct lack of the information asymmetry that is so prominent in compensation discussions in other industries that is so heavily weighted in favor of the employer. I wish this existed in more industries as Glass Door simply doesn't cut it unless you are in a field with very well-defined roles/titles in markets with enough data.