William Blair raises salaries, predicts highest compensation on record

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William Blair raises salaries, predicts highest compensation on record
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William Blair is raising investment-banker pay across junior and senior ranks, predicting this year's comp will 'reach heights we have never seen before'

The raises impact even senior levels, and we have all the details. See more stories on Insider's business pageWilliam Blair, a boutique investment bank based in Chicago, is the latest financial-services firm to raise salary for its bankers.

William Blair's raises apply to levels beyond just the junior ranks — they reach up to managing director, which is anomalous compared to most other Wall Street firms whichA person familiar with the matter told Insider that the raises will apply to bankers globally. They will appear starting in employees' Aug. 15 payroll cycle, the memo noted.

The firm's plans to raise salary were not known publicly at the time, and the interview was arranged for unrelated reasons.

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