Litquidity Salary Reports Help Bankers Measure Up Annual Raises

Every year, when it comes time for junior bankers to talk about an annual raise, they think about two things: how much of a pay bump they’re getting and how does it compare with everyone else.

Enter Litquidity and its recently revealed founder Hank Medina. The finance meme account admin-turned-entrepreneur has amplified pay transparency on Wall Street, crowdsourcing pay data from analysts all the way up to managing directors. The information is helping junior bankers get a better sense of what they should be making across the competitive landscape.

Good salary data can be a crucial source of leverage for negotiating a ...