| Topic Name: |
Buyside Compensation |
| Message Name: |
sounds low |
| Date Posted: |
03/24/2002 |
| In Reply To: |
So, what are the ranges then say among your friends? I hear 70s-80s + Bonus. But just getting in is good enough! |
| Message: |
70-80 sounds low to me. I think the lowest I've heard from my classmates is 85 base--and those tend to be the shops where the bonus is promised to be higher than average.
Then you have to factor in the sign on bonus, relocation, etc. I tend to like a higher base because compensation is generally raised by a percentage six months to a year out. A big sign-on earns you nothing in years two, three . . . whereas that base will grow nicely. And, the base really represents your standard of living.
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