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Old 12.10.2015, 23:13
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Phil_MCR Phil_MCR is offline
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Re: Front office salaries at UBS/CS?

I guess 2x is not a bad rule of thumb for the EF standard 120k salary. But it may not apply for salaries a standard deviation away. remember also that in 2008, just translating your salary would have been a 2x change.

Then:

170/2 = 85

Now:

170/1.5 = 113

Also, at higher salaries, the tax savings also start to add up.

also, higher salaries up to a point are pretty much useless since there's nothing for you to spend your money on until you get to stupid levels of money.

tl;dr: the higher your salary, the lower the multiple required (offset by lower taxes).
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