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Just over 100k and 130k or $160k (Moelis) makes all the difference for what the parent comment said, which is that bonus is is 100-125% of base (65k)
by ajiang 13y ago
Just over 100k and 130k or $160k (Moelis) makes all the difference for what the parent comment said, which is that bonus is is 100-125% of base (65k)
- rayiner 13y agoNo, parent comment said: "Bonus is probably 100-250% of base, and a lot of times the 100% part is guaranteed." The plain meaning of that is that $130k all-in (100% bonus) is typical, and often guaranteed, with the top bucket being over $225k (250% bonus). With first-year salaries at Google, etc, pushing $120k+, that's a very relevant difference. It's not accurate to imply that a first-year analyst at a bank could make up to $100k more than that.
- ajiang 13y agoYou're right, I misread the top end of that range. Top trading firms get close to that, (e.g. Jane Street), but $225k is probably pushing unlikely until your 3rd year.