How much does an entry level analyst make (salary + bonus) in the capital markets division of Cushman, CBRE, JLL etc.
I was asked in an interview how much I want salary wise, both base salary and bonus in the DC area. What is typical?
[{"id": "d8lw8co", "text": "No experience? I would say $75k. Salary ranges in commercial real estate are crazy right now. PM me if you want more context ", "replies": [], "depth": 1}, {"id": "d8m6iud", "text": "Eastdil offered $120k at my school", "replies": [{"id": "d8mnhwk", "text": "What part of the country? MBA? Doesn't surprise me. I was surprised at how much some people were offering. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "d8mora0", "text": "About 70k with bonuses. Source: am one. PM for more info. ", "replies": [], "depth": 1}, {"id": "d8mpzlw", "text": "Hate to be debbie downer (or maybe this is just a self-reaffirmation) but I just left a Capital Markets Analyst role with CBRE where I was making $50k, no bonus. My SVP was a non-starter however. Moved private and I'm making $70 and feel underpaid, given my 3yrs exp. ", "replies": [{"id": "d8nahu5", "text": "Yeah I saw on glass door the typical analyst salary is around $55k, I personally thought it was a tad low but fairly skewed due to some of this feedback being from smaller cities and therefore adjusted median income. That being said if I respond with something like high 60s do you think that would be \"over pricing\" myself and not get the role as a result?", "replies": [{"id": "d8nana2", "text": "I would recommend that yes, but these big shops have set scales, and sometimes that's tough to move - particularly when (with all due respect) you bring nothing to the table (i.e. non-revenue generating). \n\nPM me for more info, I am out of DC as well. ", "replies": [], "depth": 3}], "depth": 2}, {"id": "d91avo0", "text": "part of the problem is that there are a lot of people who joined the workforce during the recession when companies could hire entry level talent for $30,000 because experienced candidates were willing to take $45,000.  The job market has tightened, however, you still have a lot of experienced, talented people with the low salaries they took in order to get a job during the recession.\nWe just interviewed 2 people with 2-4 years of very relevant development/financial analysis experience at my company.  They both wanted less, about $15,000 less, than the starting salary quoted by the shmuck MBA with NO relevant experience other than a 4 month internship.  \nAfter a lot of turns we ended up hiring the MBA guy.  Not quite for what he wanted, but definitely for more than the other 2 candidates asked for.  \nI think this kind of dynamic is the biggest risk for new job seekers with little experience.", "replies": [], "depth": 2}], "depth": 1}, {"id": "d8mrqn6", "text": "60-80k. I have heard CBRE and JLL are on the low end, but can't independently confirm.", "replies": [], "depth": 1}, {"id": "d8n5bu6", "text": "I interviewed with JLL for the capital market analyst position and got offered $50k. Turned that down. That was not in a major market like DC though.", "replies": [{"id": "d8namr3", "text": "Yeah, i have seen on glass door the typical salary for these companies is around 55k, but I'm thinking it is skewed because it is getting some of that data from smaller markets. How much do you think it would change in the DC market? bump up 65k ? I don't want to over price myself", "replies": [{"id": "d8nj8dh", "text": "I am not sure. Maybe +10k. Although they were looking for someone with all of this experience blah blah blah on their job posting, after interviewing with them they said its actually really entry level to them. So I would not expect anything spectacular. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "d8nm02q", "text": "Colliers = 50k-60k plus bonus (Which can be large = % of divisions total revenue)", "replies": [], "depth": 1}]