Hey guys, hoping to get a bit of feedback on what to consider when evaluating an offer to move over to the buy-side from IB (i.e., base / bonus / sign-on bonus / guaranteed comp bands, etc.). I'm in the final stage of a ~10B AUM credit HF in NYC and, fingers crossed, it sounds like the team and I may be discussing an offer in the near future.
I've heard some competing views regarding comp when talking to a few folks in similar seats. But, I think a 1st year HF analyst should look to be ~$150 base / ~$250 total target comp, with the total stretch comp maybe topping out at $300K (with upside convexity increasing in later years). Appreciate anyone telling me these figures sound off-base or any other thoughts on what to consider when discussing an offer.
Thanks!
300 standard for first year analysts post banking
Thanks
Sounds about right.
Thanks
Ex expedita quia sint sapiente. Placeat nemo sapiente facilis aut. Ut est aperiam velit ipsam.
Harum voluptatem debitis facilis et et nemo. Quidem eveniet quam optio amet accusantium ut. Deserunt mollitia exercitationem harum facilis quibusdam dolores nulla. Repellendus sed harum vel dolor expedita totam.
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...