| Topic Name: |
Associate Compensation |
| Message Name: |
Heard same thing. |
| Date Posted: |
03/28/2000 |
| In Reply To: |
It was my understanding that first year investment banking associate compensation (the fixed portion) was relatively standard across banks: $25K signing bonus, $80K base, $30K stub year bonus.
However, an acquaintance working for Goldman indicated that their package was $5K more across the board ($30K, $85K, $35K). Is this the case? If so, will the other banks match?
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| Message: |
I heard the same thing regarding Goldman's 1st year IB associate compensation package---30k,85k,35k.
I know for a fact that Morgan Stanley, CSFB, and DLJ have offered the 25k,80k,30k package, but I don't know if they will match.
Anyone else know?
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