Interns at Wall Street firms are getting bigger paychecks this year, as the finance industry seeks to attract more young people disillusioned by layoffs in tech.
For finance jobs across the US, median intern pay jumped 19% at 16 top firms studied by Levels.fyi, which analyzes compensation data submitted by users. The bump was even higher at hedge funds and prop-trading firms, where hourly pay surged 29% year-over-year to $111, or $4,400 before taxes for a 40-hour week, according to the company.
At Citadel and Citadel Securities, the median wage for interns jumped roughly 25% to $120 an hour this year. For a standard month with 40-hour weeks ...
AI-powered legal analytics, workflow tools and premium legal & business news.
Read Full Story: https://news.google.com/rss/articles/CBMiamh0dHBzOi8vbmV3cy5ibG9vbWJlcmdsYXcu...
The National Bureau of Investigation (NBI) has arrested former TV host Jay Sonza for the alleged spread of false medical information about President Ferdinand Marcos Jr. In a Facebook post, the NBI...