Analysts -- what's your salary structure like? (Please also provide location and company types)
Seeking FT positions and I'm encountering many types of salary structures from 

* NYC small office (70% salary, 30% commission -- not sure split), 
* NYC large firms: set salary at around 95k with 10% bonus
* NYC small bank - set salary, no bonus even 
* Another friend in Texas, large firm: 60k, $1200 bonus for each deal that closes (expecting to close 40 deals/year)

What's your salary structure like when you first started in the industry? Thanks
[{"id": "it9i5s0", "text": "Public mREIT in PacNW. We pay our analysts ~$70-90k and ~20% bonus.", "replies": [], "depth": 1}, {"id": "it9imis", "text": "Investment Sales Analyst: 62k plus 10k in monetary benefits. Bonus doesn\u2019t have a defined structure, but it\u2019s been about 75-100% of base.", "replies": [{"id": "it9jy7x", "text": "Wow, 75% bonus that sounds nuts, to me. I don't know HR enough to know how that affects the company's taxes, but for employees, we get taxed 40% ouch!  \n\nHow often are these bonuses issued? How do you feel about the undefined bonus? Do you live your daily life as if you could only be get 10%? \n\nThank you \ud83d\ude4f", "replies": [{"id": "it9l6t8", "text": "Taxed at 40% but will get a decent chunk of it back atleast. Get my bonuses quarterly - not 100% undefined as it is dependent on how many deals we do. Next two will be worrisome as the market is volatile, but will still get something decent.\n\nI try to live purely on my base, so the bonus just let me take a fun trip or buy an expensive toy I wouldn\u2019t get otherwise.", "replies": [], "depth": 3}, {"id": "it9vchf", "text": "Not how taxes work.", "replies": [], "depth": 3}, {"id": "itj90k5", "text": "Supplemental income gets withheld at 40%, but it is taxed like your regular w2 income. It\u2019s annoying because you will simply get the difference back when you file your return. It is especially annoying if, like me, you get your bonus in January, because you won\u2019t get that difference ack till you file your return for that calendar year, ie 13 months later.", "replies": [{"id": "iu3a0ll", "text": "Thank you for your helpful comment!", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "it9ou1b", "text": "130k + 20% bonus in socal.", "replies": [{"id": "it9vjdu", "text": "For entry level analysts? Where the fuck is that?\n\nWe pay our analysts about 75-85 +10-20% bonus.", "replies": [{"id": "it9vy7z", "text": "NYC/soCal, I expect 100 base+bonus (aiming, 130 TC)  honestly \n\nBut I also come to the table with past non CRE experience, certifications,\n\nEdit: where are you located?", "replies": [{"id": "it9wv1b", "text": "Socal. In this market, I suggest you temper your expectations.\n\nIf you're trying to break into cre, nobody gives a shit about non cre experience.", "replies": [{"id": "it9x5lv", "text": "One of the reasons why I asked this question, and see what's best for me (compensation, work/life balance, how interesting the work is, how nice/toxic people are, how intelligent/stupid my coworkers will be)", "replies": [], "depth": 5}], "depth": 4}, {"id": "itba62i", "text": "My sis got that out of college at a smaller ($3-$5B) doing acquisitions. No one\u2019s doing any new deals though so hiring is probably slower", "replies": [{"id": "iu3bale", "text": "Yes, I expect a hiring freeze next 3-6 months until market stabilizes, except I am still being sought out", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}, {"id": "ita0nbf", "text": "Lol, they fired two entry level analysts to pay for my comp because I have experience. \n\nI feel bad for new analysts, research headcount everywhere is shrinking, and it is musical chairs for the old guard.", "replies": [{"id": "ita6mb9", "text": "So you're not entry level.\n\nTypically an analyst at a REPE or dev shop has 1-3 years of experience.", "replies": [], "depth": 4}], "depth": 3}, {"id": "ita8p3a", "text": "This sounds more in line", "replies": [], "depth": 3}, {"id": "itbt3ui", "text": "SF analysts make 100 base at least", "replies": [{"id": "itbzsys", "text": "SF is not socal. Or were you not aware of that?", "replies": [{"id": "itcmguy", "text": "Just adding to the conversation chill out", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "it9ylxq", "text": "Asset Manager in self storage w/ 10 year operations background. 85k salary and 20-30k/yearly bonus for selling/buying bonuses. I travel about 1/3 every month w/per diem. Cell phone and any other travel expense taken care of.", "replies": [{"id": "ita8t2y", "text": "How many YOE?", "replies": [{"id": "ita8yca", "text": "I\u2019m not familiar with that acronym?", "replies": [{"id": "ita9gys", "text": "Years of experience", "replies": [{"id": "ita9ulk", "text": "4 years as a united stated special forces, 10 in the restaurant industry, 10 in storage operations and 2 in real estate finance.", "replies": [{"id": "itartc1", "text": "I feel like for your experience, you are quite underpaid", "replies": [{"id": "iu3bkas", "text": "u/dagomer44 I think having expenses taken care of, having good benefits are expected at larger firms. Depending on location and hours, may or may not be underpaid.", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "itbdfh4", "text": "How big is the portfolio? I\u2019d expect the base to be double for that experience with any reasonably sized operation. You are underpaid dude.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ita82dy", "text": "REPE in NYC/Boston starting at $85k-$90k, 25% bonus. 1-3 years experience.", "replies": [], "depth": 1}, {"id": "itadyjn", "text": "$130k base\n\nStarted $90k", "replies": [], "depth": 1}, {"id": "itag6gj", "text": "Build for rent / Single family rental asset class.\nStarting salary $60,000 with full benefits. Also get transaction bonus for each COE and an annual profit pool bonus.\nI work M-Th and WFH on Fridays. Super happy with how it\u2019s going so far. I just graduated college and this is my first full time job.\nPhoenix, AZ.", "replies": [{"id": "iu3bt6z", "text": "WFH is so important, I think having 2 WFH days is minimum now. As new grad who doesn't have much previous work experience, you will learn so much from being in the office and overbearing chatters. Happy for you!", "replies": [{"id": "iu3z81g", "text": "Yeah it\u2019s already great experience and in my opinion a much better option than the MRED route i was originally planning on going! Tried my best to make creating connections in college my #1 priority and it paid off. \nAppreciate it!", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "itbulsw", "text": "Investment sales \n\nBase: $90k\nBonus: 50-75% \n\nAlmost 2 years experience", "replies": [{"id": "itc0b54", "text": "Market", "replies": [], "depth": 2}], "depth": 1}, {"id": "itbxvn4", "text": "CRE have salaries? I\u2019m all commission at a boutique brokerage and managing units on the side. :( 100% commission though.", "replies": [{"id": "itcjgil", "text": "Lmao right? Im at 100% commission.", "replies": [{"id": "itdk2ii", "text": "LOL ARE WE DOING THIS WRONG?", "replies": [], "depth": 3}], "depth": 2}, {"id": "iu3avmv", "text": "To clarify, I am asking about analysts position. 100% comm might work if there's a huge sign-on bonus. 100% can work if the deal flow is high. \n\nAs an entry level, I think it's unfair to expect them to be 100% comm working 90 hours with 10% of knowledge... \n\nWhat's your split structure though from the deal?", "replies": [{"id": "iub0bup", "text": "I\u2019m 100% however I do everything. Recruiting the client / analyzing the deal (advise that their accountant and lawyers review beforehand) we just need to pay transaction fee basically $599 after every $1M and monthly dues. I\u2019ve noticed a huge difference between boutique brokers like my self and big box brokers. Obviously big box brokers have more guidelines &amp; consistent business with certain firms that have standards. It\u2019s very rare a REIT firm reaches out to a single individual for representation. They usually need a full firm all hands on deck.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "itc6ri0", "text": "CBRE: starting 120k base +15% bonus", "replies": [{"id": "iu3abeu", "text": "hell yeah", "replies": [], "depth": 2}], "depth": 1}, {"id": "itcdu0r", "text": "When I was an investment sales analyst in SF:\n\nBase: $93k\nBonus: 75%-100% depending on deal flow. During COVID it was about 40% one year.", "replies": [], "depth": 1}, {"id": "itcmws7", "text": "DC-Baltimore area acquisitions for a developer. Right out of college 65k plus 10k bonus if we hit closing goals at the year end. Prior experience a few summer internships.", "replies": [], "depth": 1}, {"id": "itd4zqz", "text": "I\u2019ve worked at mid to large PERE shops in Chicago and first year analysts are in the 75K to 85K base range with 20% bonus. One of the LA offices had similar comp. That may have crept up over the past several years. I\u2019d expect NYC/SF to be at least 100K base.", "replies": [], "depth": 1}, {"id": "itda0xy", "text": "Entry level 115k base bonus depends on how many units we acquire. SF", "replies": [], "depth": 1}, {"id": "itdcdnt", "text": "Asset Management: $135k base, 25-40% target bonus range. 2+ years experience \n\nNYC", "replies": [], "depth": 1}, {"id": "itdipiz", "text": "72k + 20% in Phoenix on the acq. side of a development shop", "replies": [], "depth": 1}, {"id": "iu5ql6c", "text": "Lifeco debt/equity originations in SE. $115K + 25%. 4 YOE.", "replies": [], "depth": 1}]