First-year analysts at JPMorgan will now make $100,000
CNN
Inflation has arrived on Wall Street, and it's bringing smiles to the faces of junior bankers — in the form of much fatter paychecks.
JPMorgan Chase (JPM) is raising the salary of first-year analysts to $100,000, up from $85,000, a person familiar with the matter told CNN Business. The pay hike, which takes effect July 1, means some millennials and Gen Zers will be making six-figure salaries fresh out of college.
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