JPMorgan is raising base compensation for first-year analysts to $100K

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JPMorgan is raising base pay for first-year analysts to $100,000, as the biggest US bank finally jumps in on the pay-bump frenzy

JPMorgan has increased first-year analysts' base compensation to $100,000, Insider has learned.The pay increase comes months after many Wall Street firms showered junior talent with bonuses.Wall Street's biggest bank by assets is hiking pay for young talent, meaning first-year analysts in the investment bank will now make $100,000 before bonus, sources familiar with the situation told Insider.

tens of thousands of dollars in one-time bonuses, base pay bumps, and special perks like Peloton bikes and all-expense-paid vacations. Young bankers have been pushed to the breaking point with heavy deal work over the past year — much of it done in isolation while working from home — and a talent war has reached a fever pitch as attrition picks up. that they were focused on hiring as well as time away from the computer to ease young bankers' workloads.

 

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papa nu bi

This would be a cool job on the side. JamieDFanClub

I’m in , no cap

Cool, now do retail workers jpmorgan

At 80 hours a week, it’s 26 bucks an hour. 👎

500k and you got a deal jpmorgan

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