Currently working in Commercial/Corporate Banking as an associate, looking to potentially make the jump to IB/PE, as an *associate. Has anyone made the jump? Was it difficult?
How does TC compare? (Chicago area)
WLB comparison? (currently work 45-50hrs per week, with a kid on the way, plenty of vacay we are encouraged to take)
If I stay where I am, I would move to a Sr. Associate in the next 1-2 years, with a 10-20% base increase, same bonus structure.
I have been told if I want a better increase to either: “leave and comeback” or “match this offer, please” any input on these strategies?
Current TC: 75k base (negotiable up to 89k in 21), 10-25k bonus
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Haven’t seen it done though, entirely different skill set really