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Vault Message Board: Merrill Lynch

Topic Name: Associate comp
Message Name: so to confirm...
Date Posted: 12/29/2005
In Reply To: Sorry, I gave you the wrong numbers. I think as a full year FY, you should look for an all and all package of around 240K, as a second year probably around 280 to 320K depending on next year's business. I think tops at GS were about 320K this year for SY, and I know ML will pay it's top 10% about that to a little higher. At least for associate pay they paid tops higher than GS. Congrats on your offer.
Message: full year FY assoc: 95k salary + bonus of 145k (or did you assume i'd get a sign-on bonus to compute that 240k total?) full year SY assoc: 105k salary (guess?) + bonus of 165k to 205k? just want to confirm the assumed breakdowns (like 2nd year salary) to best understand ranges. thanks again for your knowledge, very very helpful!

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