How muc h is each year of experience worth in base salary??

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equity_analyst

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If a job ad states that base is 125K for a minimum of 3 years experience, where do you think the 5 or 7 year candidate should come in? Is it 10K per year, 15K per year above that, is there a good rule of thumb to use? This would be for a buyside analyst in NYC or BOS.
 
depends - I've met people who claim 10 years experience, but in reality they have 1 year of experience repeated 9 times.
 
Acutally, that seems reasonable--although maybe a little low--given that I have seen recent adds for 5yr analysts with a base of 140k-150k.
 
Onegin Wrote:
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> depends - I've met people who claim 10 years
> experience, but in reality they have 1 year of
> experience repeated 9 times.


not a bad thing if your last name is buffett.
 
Very well put. I am gonna use the on my interview
 
Hey man, if your salary is keeping up with inflation, consider yourself luckier than 80% of the job force.



Edited 1 time(s). Last edit at Thursday, August 23, 2007 at 10:43PM by volante99.
 
I expect a minimum 20% increase per year in base salary, topping out in the 250K range, with no expectations for changes in bonus since that depends on our returns.
 
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