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What should all in comp be for first year associates? Base I got quoted is 175, trying to figure out what % of base to expect with bonus. Should I get min bonus language in writing with the recruiter in the offer letter?

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I don’t think anyone is going to give you a range in writing as they protect themselves in case of a down year and they are discretionary. Also, % bonus this year is going to be tricky with the base salary increase, no one really knows exactly where bonuses will fall in the “new normal”

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Expect prob 60-90%. Depends on the firm, often times it’s just a whisper bonus

MS does a whisper bonus. Have not heard it described as such though - first time i’ve heard that term

Often they’ll give a minimum range for stub bonus amounts, but this late in the year I wouldn’t expect it. If you’re still negotiating the employment agreement, you’re probably looking at best case two months pro-rated. I’d ask for signing bonus commiserate to what you’d expect in this year’s bonus. If asking in general, they won’t disclose the % of base, but you can ask the recruiter for a median of bonuses paid to last years first years (remember their salary was at the old scale, probably $150) to get a closer idea.

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