Junior bankers' pay has spiralled by 30% to $110,000 over the past year as banks have battled to retain analysts amid a burnout crisis.
Now, those on the bottom rung are facing a reality check — bonuses are shrinking.
Investment Banking
‘It’s disappointing’: Junior bankers on $110,000 salaries face bonus reality check
Juniors at banks including Bank of America, Barclays and JPMorgan say they’re looking at bonuses of around 40% of base salary
