{ "media_type": "text", "post_content": "Compensation Review: Senior Associate - Boutique Firm - NYC - $86k base - $7k bonus. Just had my comp discussion with management and was told my raise would be 4% for a new base of $86k.", "post_id": "5e6fa39f20ccb3001be62562", "reply_count": 12, "vote_count": 2, "bowl_id": "58f0df008ad7250010f8c590", "bowl_name": "Compensation", "feed_type": "bowl" }
null

Compensation Review: Senior Associate - Boutique Firm - NYC - $86k base - $7k bonus. Just had my comp discussion with management and was told my raise would be 4% for a new base of $86k.

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For reference, I billed $400k in fees last year and have consistently ranked at the top range for utilization. Received great feedback from MD, was told employees typically receive a 3% raise for a non promotion bump, but since I was a high performer they increased by 4%. Feeling pretty demotivated as inflation was 2.5% last year... any advice?

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Omg please leave.

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Is SA the 2nd level at your firm?

Comp seems low for NYC. If 3% is the standard non-promo bump, then 4% sounds reasonable.

Either way, I'd look elsewhere, as that looks like comp is pretty low at your firm unless there are very substantial promo comp bumps.

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Unless the promotion will come next year and you expect 30% or more I agree to EY1

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YOE? It seems a bit a low

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It’s a bit low. If you lateral to B4, you could probably get 95-115k depending on industry

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What firm is this? I want to know so I can stay away.

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Wut? Haha so 0% then?

Apologies - base increased 4% to $86k

What's your competency/practice focus? Strikes me as a little low

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