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.

 

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Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

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  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

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  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
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