During the epidemic, banks are hoping to retain talent, JPMorgan ChaseSalaries for junior bankers are said to have been raised, with analysts starting at $100000 in their first year.
JPMorgan will raise base salaries for junior employees around the world, according to a person familiar with the matter, who spoke on condition of anonymity. He points out that non-US employees will get a similar pay rise.
In April, JPMorgan announced that it would add nearly 190 employees to its investment banking division to ease the burden on junior staff who were busy during the outbreak. However, a person familiar with the matter said at the time that the company would not hand out special benefits like many of its peers.
