Aug 12, 2021 - Economy & Business
Graphic: How entry-level pay has risen on Wall Street
- Felix Salmon, author of Axios Markets
Even the lowliest investment banker now earns six figures. That's the clear message from Sarah Butcher, who has the latest on entry-level investment banking salaries.
By the numbers: Most banks have raised their pay for first-year associates to $100,000 from $85,000 — an increase of 17.5%. Evercore remains at the top of the pack, after giving its first-years a $25,000 bump to $120,000.