Relative to the hours they put in, M&A analysts in investment banks are underpaid. They may seem perfectly happy to keep slogging away, but according to figures from compensation benchmarking company Emolument they get paid $26 an hour ? and that?s for a lot of nights. If M&A juniors are comparatively underpaid, who?s overpaid relative to the effort they put in? And who else needs a top-up? Arguably everyone on Wall Street is overpaid compared to the country at large, but some people have to work harder for their money than others. We asked some search consultants. This was their verdict.
This article was published in Efinancialcareers, 15th January 2014