P dubbers - hoping to get promoted this year from EA3 to SA1. What kind of raise should I expect? Already at the very end of the EA base pay band (if that matters). I'm in FS Advisory NYM

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There is no such thing as an EA3, you're an A3.

But you should expect to make about $100k as a SA1a in NYC without a top tier MBA

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^S1 Maybe not to you, but some of us were hired and/or promoted into that role. I refuse to be an 'Associate.'

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Assume you're at 86k right now? SA1 in NYC is 99k so that's probably what your new salary is, if everything stays the same.

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P2, you might have the title of an EA but you're still an A2 or A3 in the cohort model 😉

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Thanks guys. Sounds about right (and don't have an MBA)

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The cohort model can bite me, my Masters, and my five years of industry experience.

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Glad it's here and not on one of the nastier threads :)

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P4, spot on, SA1 earned 95k this past year in Chi

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EA is a made up title to make special snowflake millennials feel like they achieved something... The equivalent of everyone getting a participation award. I'm so glad we're eliminating that title.

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P3 calm down there's like 30 of us

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20-25%

There are only one or 2 EAs in FS Advisory in NYC. You're pretty much naming yourself.

Any idea what an SA1 would make in chicago? If nyc is 99k, should i expect chicago to be 95k?

The topic of labeling people as Associates vs. Experienced Associates has always been a bit problematic. All that is required to be an EA is to not get fired as a first year, or get hired from industry with a bit of experience, which is not hard. The real problems start when people put EA in their email signatures - I have had three clients tell me they didn't want inexperienced Associates because someone showed up with EA in their email signature. Unintended consequences I guess, but hopefully people are keeping the role descriptions internal.

There are dozens of us! Dozens!

Actually P6, it was a BS way to bring in experienced hires. I would not taken the job if I knew I'd be at the same level as new college hires.

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