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You need to lateral dude, I made 200k total comp as a third year in nyc
I hear you, thats why I keep switching back and forth from to quit to stay! Appreciate your thoughts. Thank you.
Def quit you are getting shafted
Thanks, yeah I feel so too. I didn't know if Analysts/Associates go through the same in other shops.
If you’re an associate 3 then next year you will be VP. Are you still going to be expected to bind books? Do you start getting paid materially more? Are you able to move freely to another job with your visa situation or is your status tied to your current job?
Your comp is low but not wildly out of line for a small boutique. Hopefully your hours are also better to compensate.
I do have analysts, who are also highly competent, smart, and educated. Which is why I don't like allocating labor work (printing and binding books or posting for social media) to them. I know it was okay in the past to bring coffee and carry lunches for your seniors; I wonder that culture is still prevalent in today's banking world.
I agree on mentorship (and relationships) which is why I am definitely looking out. Thank you both.