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Jefferies Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Jefferies, including base salary, bonuses, and total compensation at every level.
$110,000
$NaN - $NaN
$NaN - $NaN
Analyst Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $110,000 | $NaN - $NaN | $NaN - $NaN |
| Analyst 2 | $125,000 | $NaN - $NaN | $NaN - $NaN |
| Analyst 3 | $135,000 | $NaN - $NaN | $NaN - $NaN |
* Stub bonus of $NaN - $NaN may apply for analysts starting mid-year.
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $175,000 | $NaN - $NaN | $NaN - $NaN |
| Associate 2 | $190,000 | $NaN - $NaN | $NaN - $NaN |
How JEF Compares
Jefferies pays at the top of the middle market tier, approaching bulge bracket levels and exceeding smaller middle market peers like Piper Sandler or William Blair. Compensation is below elite boutiques but offers broader product exposure.
Benefits & Perks
Meals & Transportation
Seamless for dinner after 7pm, car service for late nights after 9pm, monthly commute allowance
JEF Compensation Overview
Jefferies offers middle market compensation with a focus on balancing competitive pay against a broader product platform and deal diversity. As the largest non-bulge bracket investment bank, Jefferies provides exposure to sophisticated M&A, capital markets, and restructuring work while maintaining a more entrepreneurial culture than larger peers. Analyst compensation reflects the firm's positioning between elite boutiques and bulge brackets, with bonuses tied to group performance and individual contribution. The firm's growth trajectory and product breadth create opportunities for cross-group exposure and skill development that pure M&A boutiques can't match. Jefferies has invested heavily in junior banker quality of life initiatives while maintaining market-competitive compensation, particularly for high-performing analysts in strong coverage or product groups.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Jefferies?
First-year analysts at Jefferies earn a base salary of $110,000 with a year-end bonus of $NaN - $NaN, bringing total compensation to approximately $NaN - $NaN.
How do JEF bonuses compare to other Middle Market banks?
Jefferies pays at the top of the middle market tier, approaching bulge bracket levels and exceeding smaller middle market peers like Piper Sandler or William Blair. Compensation is below elite boutiques but offers broader product exposure.
Does Jefferies pay overtime?
Yes, Jefferies does pay overtime to eligible analysts, which can meaningfully increase total compensation.