If we’re not likely to break even with our base this year, independent of BU, does it make sense to leave now for +30-50% total comp vs biting the bullet and waiting for next year? Been here for a little less than a year and failed to negotiate a first full year assured bonus, just had a partial year bonus in 11/21
Some people are saying that’s just the way it is and to wait it out 1-2 years and network more, others are saying otherwise. Would appreciate some perspectives… US Director level

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At your level, think longer term if you have partnership aspirations. Think whether growth prospects for A&M as a whole are more favorable than your other options. Comp can vary a lot due to the model, so you really have to think about total opportunity over a 5 year cycle and be willing to ride out the down years.

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A&M1 - how often do you think bad years occur in PEPI? How many have you been through and over what timespan?

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OP, we are hiring if you’re interested, both transaction/deal cycle and industry specific. Depending on your experience and level, your total at EYP can be 250-300 at the Manager equivalent and 300-400 at the Senior Manager equivalent. These numbers are lower than the usual averages for level equivalent at A&M but just putting options out there given what you’re saying. Good luck. If I were in your shoes I’d try to figure out if your first year is representative of all your A&M time or just the first bit. I imagine it’s the latter.

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Base salaries in the low to high 2s, 20-40% variable bonuses

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OP - would just recommend networking within the firm, talking to your career advisor, and starting to build reputation through internal initiatives or whatever projects you can get on. You will eventually get busy and hit a good run rate (well above EYP at the Director level based on numbers above). If you think you will have a down year no matter what, then now is the ideal time to knock out training and take some vacation! Can come back refreshed and ready for next FY.

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Which BU OP? We are oversold. How can you not break even with base?

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