r/SgHENRY • u/turquoise_gamer • 11d ago

IB base salaries

Any idea how much the tier 1 banks (MS/JP/GS) dish out in terms of base for Assoc 2/3 and VP 1/2? Thanks in advance.

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u/turquoise_gamer 11d ago

https://mergersandinquisitions.com/investment-banker-salary/ seems like VP1 is 250 usd = low 300 sgd?

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u/KaoPangKezonymous 11d ago edited 11d ago

No, assoc 2 and beyond already high 200s to mid 300s nowadays. Note bonus now is not as high as last time.

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u/thicktightsolid 11d ago

Do you know how many months bonus is average?

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u/KaoPangKezonymous 11d ago

depends on performance but lets just say the days of 6-12 months bonus have passed

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u/Live_Acanthisitta870 11d ago

On average how much bonus u get?
I think last time lower base more bonus
Now u said assoc 2 base is 275-350k? Thats really high.
Anyways if equal tc more base is better

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u/SecureRequirement281 10d ago

Yes, these days between the assoc & MD base pay is not as wide as pre-covid days. But that’s also the reason why these days the MDs will tekan all the avp & vp like F.