I just had first round of salary negotiation with JP Morgan. How would you evaluate this offer? Title: Associate (Commercial Bank) Base: 95K Bonus: 15K Location: NYC YOE: 5 #finance #salary #salarynegotiation #jpmorgan #jpmorganchase
Associate, Relationship Management, Middle Market & Specialized Industries
Bad offer. TC for 4 yoe commercial banking associate in tier II city is ~$125k here. I’d push back if I were you.
What does this role do?
Bad. Should push base to at least $120K for NYC with 5 YOE
Bad offer. I’d push for a VP role and at least 130k
and ask for an admin
Assoc 602 or 601?
With 5 YOE, try for 603 (VP) or at the least 602 (Sr. Associate). TC = $145k [$125-130K in Base and $15K in bonus]. Also, ask them to enroll you in Employe Stock Purchase. Keep in mind: JPMC doesn’t match 401k for the first year, so you might miss a lot on that. (You could use it during your negotiation).
They did the same to me. I did not knew that earlier .
VP’s in MMBSI only make $125-130K base? Would’ve guessed closer to $150K
Bad, especially for NYC
Bad Offer. 150K should be good
Run away from JPMC
Uhh what are you doing? Analyst? Swe? Design? Product? Data science?