Thinking of going from senior 1 tax to IB. What should I say is my desired salary is?

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I know lots of people who have made this move and whatever salary you ask for won’t matter because everyone knows that a first year IB Analyst makes more than than any year senior (all in)

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Have they liked this move? Is it really as hellish as they say? I feel like it's worth it to put myself through two years off hell and actually make coin than stay in tax and get pigeon-holed

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LOL

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Lololol

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Boutique IB? What's the new role?

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analysts starts at 85k plus expect 30-40k in bonus

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Won't ever happen.

how ya gonna pull that one

Starting salaries in IB are often low. They make $$$ in bonus.

In Chicago analyst starts at $70k but with a good desk and a good year you can make a bonus of $100k

You'll also work 8am to 1am every day. Sat and Sun included, to try and get total comp of 100k. No IB associates are seeing 100k bonuses.

That’s exactly their mentality as well. The hours and work environment are accurate, but they believe it’s worth it for the long run.

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