Does anyone know if Blackrock negotiates salaries for new analysts?
Haha good luck, never heard of anyone being successful at that. If you find the salary low to begin with, consider going to a different firm. Pay stays below market across all levels with practically no room for negotiation
Good luck lol... they will pressure you to accept their offer... horrible pay structure
What do you mean by horrible pay structure?
More so being that its much lower than competition
Also something they don’t tell you is that if you enter the analyst program, your bonus will be capped at quite a low level for the first two years. They call is “performance based” 😂
Any idea what's the bonus %
20-30% at best in my group, lower in other groups, and not really performance based, the relationship with senior people in your team is what matters
So I actually have a couple of examples where they were willing to negotiate if it meant matching a better TC at a sell side bank. Also, not related to new analysts, but 3rd years or more senior have had marginal room...call it ~10k worth of negotiating room
Typically I always think a competing offer is a good way to negotiate any salary. If you don’t have one, I can’t imagine they would budge too much but always, in my opinion, worth a shot.
Anyone know salary expectations in Atlanta for senior SWE at BLK?
They do not.
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Won't get very big diffs, I think it's just ~10K if you negotiate it successfully.