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by alephnerd
803 days ago
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> the 2001 bonus was, well, much smaller Exactly! The bonus plays a massive role in Analyst compensation, and during 2020-present, the bonus was slashed severely due to a lack of late stage dealflow. The work hours at GS and JPM were still as crappy as before, but the bonuses were trash when factoring stock and bonus compensation their peers were getting. A bunch of my mentees made the switch to PM, SWE, VC analyst, or Founding explicitly because of that. |
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