Wall Street Oasis - Investment Banking & Finance Community: Discussing compensation as an intern

Wall Street Oasis - Investment Banking & Finance Community The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.

Discussing compensation as an intern Jun 8th 2013, 05:21 I just accepted a small time SA position at an IB boutique. Once I accepted, they sent me an offer letter stating compensation as $10/hr. I know in the past, they've hired interns for this exact same position doing the exact same thing paying $15/hr because I was referenced by a friend who has worked there before. I'm extremely grateful that I'm even receiving anything at all. But I can't help but wonder if this is common practice. During the interview, the employer stated that my duties and responsibilities will be identical to that of my friend. Thoughts? Would I be committing suicide to negotiate? Media files: preview (image/jpeg, 0 MB)

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