Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)? Forum
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Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Title says it all. Why does Jones Day pay below market in secondary markets like Miami and Atlanta? Is the firm not doing well or something?
I have a CB there, but an offer at another firm. I'm wondering if I should just cancel.
I have a CB there, but an offer at another firm. I'm wondering if I should just cancel.
- Desert Fox
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
I mean below the respective market salaries of those cities
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Are you sure they do? I find that surprising.
- rpupkin
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Probably for the same reason they pay below market in the major cities.
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
They pay market ($160k) in every major city I know of.rpupkin wrote:Probably for the same reason they pay below market in the major cities.
- lawhopeful10
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
I actually think they pay a little above market in Atlanta lol.
- ColoBoul
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
They definitely pay above market in Columbus, they pay 145k and market is 110-120.
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Yes but they pay no bonus. They will give slightly above-market raises in base salary, but without the bonus component you end up making solidly less than people at other firms. For example, many 2nd years in NY had their salaries bumped from 160 to 175. And I think some third years were bumped to 190. So thats all well and good, but it comes out to nothing more than a 5K "bonus" which isn't really a bonus since its paid out over the course of the year.Hutz_and_Goodman wrote:They pay market ($160k) in every major city I know of.rpupkin wrote:Probably for the same reason they pay below market in the major cities.
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Yeah, this. Jones Day has been a below-market firm for years.Anonymous User wrote:Yes but they pay no bonus. They will give slightly above-market raises in base salary, but without the bonus component you end up making solidly less than people at other firms. For example, many 2nd years in NY had their salaries bumped from 160 to 175.Hutz_and_Goodman wrote:They pay market ($160k) in every major city I know of.rpupkin wrote:Probably for the same reason they pay below market in the major cities.
- MyNameIsFlynn!
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Actually a lot above. Market is 135/145, they pay 160. And nobody is going to be giving first years a 25k bonus so you come out well ahead at JD compared to rest of Atllawhopeful10 wrote:I actually think they pay a little above market in Atlanta lol.
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
My understanding (from friend who summered) is they pay 160k in Boston, which I thought was above market, could be wrong.
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Boston* first-years make $160K and follow in lockstep with NYC market rates. Not sure whether bonuses are comparable.Hutz_and_Goodman wrote:My understanding (from friend who summered) is they pay 160k in Boston, which I thought was above market, could be wrong.
(* True at Ropes, Wilmer, Goodwin, Foley, Mintz and others. A few Boston firms -- e.g. Sullivan & Worcester -- pay less.)
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Cleveland they pay ~20k above market as well.
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
They pay below market everywhere .... they start you at 160k, but with "black box" most people lose --- at least I'm in a satellite and I know for a fact everyone loses
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Where is your CB at? Miami or ATL? Did an OCI screener w/ them two weeks ago, and radio silence. T14. Want to know if I should be worried.
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Except they do the exact opposite in secondary markets, which is the title of the thread. $145k in Columbus Cleveland Pittsburgh is well above market.rpupkin wrote:Yeah, this. Jones Day has been a below-market firm for years.Anonymous User wrote:Yes but they pay no bonus. They will give slightly above-market raises in base salary, but without the bonus component you end up making solidly less than people at other firms. For example, many 2nd years in NY had their salaries bumped from 160 to 175.Hutz_and_Goodman wrote:They pay market ($160k) in every major city I know of.rpupkin wrote:Probably for the same reason they pay below market in the major cities.
Jones Day pays above market in secondaries
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- rpupkin
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Perhaps they do. I have no idea. (Though, based on reading this thread, it looks like a lot of it comes down to how you define "market" in secondary cities.) In any event, I was responding to a poster who maintained that Jones Day pays market in every major city.jk148706 wrote:Except they do the exact opposite in secondary markets, which is the title of the thread. $145k in Columbus Cleveland Pittsburgh is well above market.rpupkin wrote: Yeah, this. Jones Day has been a below-market firm for years.
Jones Day pays above market in secondaries
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Fair enough. just pointing out they actually pay above market in secondary cities.
Cleveland for example market is $110k-$115. JD pays $145.
Cleveland for example market is $110k-$115. JD pays $145.
- rpupkin
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Re: Why does Jones Day pay below Market in Secondary Cities (Miami, ATL, etc.)?
Just curious: how did you determine that "market" in Cleveland is $110K-$115K? Who sets the market in Cleveland, if not Jones Day?jk148706 wrote:Fair enough. just pointing out they actually pay above market in secondary cities.
Cleveland for example market is $110k-$115. JD pays $145.
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