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Warburg Pincus is bumping pay by up to 30% for junior workers as private-equity firms and banks spend big to hang onto talent

Warburg Pincus is bumping pay by up to 30% for junior workers as private-equity firms and banks spend big to hang onto talent

Warburg Pincus has announced pay increases for junior employees.
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Warburg Pincus is raising pay for analysts and associates by up to 30%.




Some other Wall Street firms recently rolled out raises and special bonuses.




First-year associates at Warburg can bring home north of $330,000 in base salary and bonus.




See more stories on Insider's business page.


Warburg Pincus is bumping pay by up to 30% for analysts and associates at the private-equity firm. The move will increase total compensation for investing-focused junior workers, meaning base plus bonus. Employees learned of the increases on an internal call last week, according to a source directly familiar with the situation. Warburg explained the raises as a move to bring comp in line with market rates, the source said. The news was first shared on social media by the finmeme account Litquidity on Wednesday evening. Warburg declined to comment to Insider. First-year associates at Warburg receive total compensation north of $330,000, according to user-submitted data from Wall Street Oasis.
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