Aug 12, 2021 - Economy & Business

Graphic: How entry-level pay has risen on Wall Street

Data: Wall Street Oasis, H1B salary database for New York City; Chart: Will Chase/Axios

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.

Go deeper