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Harrison Rush & Firedrill Recruiting Update: Comp updates, jobs and news
A brief, reliable rundown of Investment Banking recruiting
Harrison Rush & Firedrill Recruiting Update: Comp Updates, Jobs and News
HOT JOBS 2/7/2023
Managing Director -Asset Management
Managing Director- Infrastructure Software
Managing Director -Hardware
Vice President Tech Enabled Services -Elite Boutique -NYC
Vice President Tech M&A - Boston
Vice President TMT Associate - NYC/ BOS/SF
Vice President Insurance -NYC
Associate -Insurance
Associate -Consumer
Associate middle market private equity
COMPENSATION SNAPSHOTS
The following numbers are based on informal conversations
Managing Director - 1m-1.2m - junior MDs
Director 1 - 600-700K ( Top bucket 700K): Director 2 -mid 8s at elite boutiques
Vice President 2 - down 15%-30% Year to Year. VP2s in 2022 made a 15-30% bigger bonus compared with VP2s paid for 2023
Vice President 1 -465K-565K top bucket .
Associate comp- top bucket 80% of base/Mid Bucket 65%
Associate 0 stubs were 35K
Big swings in compensation this year between those paid well and those zeroed out
NEWS
Lots of layoffs the last few weeks. Job market to pick up post job cuts and bonus season.
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