Prospect Rock Partners

Subscribe to my weekly newsletter for deep thoughts on compensation, the recruiting market and hot jobs. Follow @ProspectRockPartners for our latest job postings. https://lnkd.in/gwiAufSi

Recent data from the US Bureau of Labor Statistics and the Federal Reserve Bank of Atlanta shows a narrowing pay gap in the banking industry, with investment banking professionals seeing smaller salary differentials between job-hoppers and firm-loyal bankers than in previous years. Having two or three positions in a short period is now a red flag for hiring managers, as frequent job changes can signal instability and lack of commitment. Clients are also deterred by job-hopping, as it can lead to lack of depth and expertise, incomplete projects, and limited network development. The evolving recruitment landscape now values longevity at an organization, with a minimum tenure of two years considered ideal for career advancement. #BankingIndustry #JobHopping #RecruitmentTrends #InvestmentBanking #CareerDevelopment https://lnkd.in/gX6GUBZ6

Psst! How much was your bonus? On Wall Street, your end-of-year paycheck can often indicate your standing at work. Yet, knowing where your bonus pay ranks compared to peers is not so simple. In an effort to shed some light on Wall Street pay trends, the recruiting firm Prospect Rock Partners surveyed more than 900 investment bankers about their 2024 salaries and bonuses. The survey was conducted between December 1, 2024, and February 28 using Prospect Rock's banking industry contacts. It's the third year @ Meridith Dennes, the firm's managing partner, has conducted it. "It's always been so cryptic," Dennes told Business Insider about the Wall Street compensation structure. "The whole point of the survey is that compensation is much more nuanced than what people talk about." See the full 2024 compensation overview on BI: https://lnkd.in/eFNq2DTp (Credit: Momo Takahashi/BI) #wallstreet #salaries #paycheck

Psst! How much was your bonus? On Wall Street, your end-of-year paycheck can often indicate your standing at work. Yet, knowing where your bonus pay ranks compared to peers is not so simple. In an effort to shed some light on Wall Street pay trends, the recruiting firm Prospect Rock Partners surveyed more than 900 investment bankers about their 2024 salaries and bonuses. The survey was conducted between December 1, 2024, and February 28 using Prospect Rock's banking industry contacts. It's the third year @ Meridith Dennes, the firm's managing partner, has conducted it. "It's always been so cryptic," Dennes told Business Insider about the Wall Street compensation structure. "The whole point of the survey is that compensation is much more nuanced than what people talk about." See the full 2024 compensation overview on BI: https://lnkd.in/eFNq2DTp (Credit: Momo Takahashi/BI) #wallstreet #salaries #paycheck

Subscribe to my weekly newsletter for deep thoughts on compensation, the recruiting market and hot jobs. Follow Prospect Rock Partners for our latest job postings. https://lnkd.in/g-MQKsWr

I am working on a couple of investment banking roles that you might be suitable for. Let me know if you might consider making a move. Investment Banking Analyst 2/3 Technology M&A (Elite Boutique) New York, NY Investment Banking Analyst 2/3 Technology M&A (Top-10 Global Bank) New York, NY Investment Banking Associate 2/3 Technology M&A (Top-Ten US Bank) SF Investment Banking Associate 2/3 Technology Coverage (Top-Ten US Bank) SF Investment Banking Associate 2/3 Technology M&A (Middle-Market Bank) SF Investment Banking Associate 2/3 Technology M&A (Top-10 Global Bank) Charlotte, NC Investment Banking Associate 1/2 Software M&A (M&A Boutique) Boston, MA Investment Banking VP 1/2 Technology M&A (Top-Ten US Bank) SF Investment Banking VP 1/2 Technology Coverage (Top-Ten US Bank) SF Investment Banking VP 1/2 HCIT M&A (M&A Boutique) Boston, MA Investment Banking VP 1/2 Software M&A (M&A Boutique) Boston, MA Investment Banking VP 1/2 Technology M&A (Middle-Market Bank) NYC/SF I also have roles in other sectors >>>>>> https://lnkd.in/gvdzg86a

I am working on a couple of investment banking roles that you might be suitable for. Let me know if you might consider making a move. Investment Banking Analyst 2/3 Technology M&A (Elite Boutique) New York, NY Investment Banking Analyst 2/3 Technology M&A (Top-10 Global Bank) New York, NY Investment Banking Associate 2/3 Technology M&A (Top-Ten US Bank) SF Investment Banking Associate 2/3 Technology Coverage (Top-Ten US Bank) SF Investment Banking Associate 2/3 Technology M&A (Middle-Market Bank) SF Investment Banking Associate 2/3 Technology M&A (Top-10 Global Bank) Charlotte, NC Investment Banking Associate 1/2 Software M&A (M&A Boutique) Boston, MA Investment Banking VP 1/2 Technology M&A (Top-Ten US Bank) SF Investment Banking VP 1/2 Technology Coverage (Top-Ten US Bank) SF Investment Banking VP 1/2 HCIT M&A (M&A Boutique) Boston, MA Investment Banking VP 1/2 Software M&A (M&A Boutique) Boston, MA Investment Banking VP 1/2 Technology M&A (Middle-Market Bank) NYC/SF I also have roles in other sectors >>>>>> https://lnkd.in/gvdzg86a

Subscribe to my weekly newsletter for deep thoughts on compensation, the recruiting market and hot jobs. Follow Prospect Rock Partners for our latest job postings. https://lnkd.in/gnq9A5Tz

Subscribe to my weekly newsletter for deep thoughts on compensation, the recruiting market and hot jobs. Follow Prospect Rock Partners for our latest job postings. https://lnkd.in/drntP5mX

Last chance to participate in this years IB compensation poll!!! https://lnkd.in/gKZ-GFPF