I-Banks With The Most Satisfied Workers

If you’re looking to enter the fast-and-furious world of finance, Wall Street Oasis has the data to inform your decision.  The job search and news site for financial services professionals has updated its trove of industry data on investment banks, offering a window into everything from which banks are hardest to get jobs with to which offer the most pleasant interview experience. 

The question is, What’s most important to you? Whether the answer is pay, work-life balance, or plenty of advancement opportunities, the data is there. CEO Patrick Curtis says WSO now has 56,000 subscribers — up from 48,000 last year and data on thousands of financial services firms, from bulge brackets like Goldman Sachs and JPMorgan to smaller but reputable boutique firms such as Lazard, Moelis & Company, and Rothschild. Where do the numbers come from? As more and more users self-report their salary and job satisfaction details, the data is ever-mounting, ever-changing, and always illuminating. And new angles from which to look at the data are being added on a regular basis.

Curtis says its WSO’s goal to constantly increase its functionality for users to get even more granular in their searches.    For instance, the February 2018 Investment Banking Report offers new insights into which universities are attracting the top IB recruiters. Users also can now explore WSO’s compensation data to see trends in gender and ethnic diversity.


On the job satisfaction front, Wells Fargo dominates big-time among financial services firms, claiming the highest percentile (98.9%) in nearly all of the categories related to contentment on the job. These include overall satisfaction, career advancement opportunities, feedback received for job performance, best recognition for a job well done, best pay, best communication, best teamwork, best leadership, and most likely to recommend to others. One category where Wells Fargo does not dominate: “proudest employees.” In fact, it’s nowhere to be seen among the top 10 companies with the highest percentiles in this category — instead, it turns up in 11th place at 88%. The highest award for proudest employees goes to Lazard (98.9%).

Following closely behind Wells Fargo for job satisfaction is none other than global investment giant Goldman Sachs. Goldman trails Wells Fargo in second place (97.8%) in each of the following areas: overall satisfaction, best communication, best teamwork, competence of senior management, proudest employees, and companies most recommended. Similar to Wells Fargo, though, Goldman goes noticeably missing from one particular category. Usually seen in the top five to 10 spots, Goldman oddly shows up 20th in the “best pay” category. At 78.3%, that’s two spaces lower than last year for Goldman.

Other drops — though minor — appear to center around leadership. In looking at leadership abilities of senior management, JPMorgan (96.7%) one-upped Goldman (95.7%) this year, placing the two firms in the third and fourth spots, respectively. For competence of senior leaders, Goldman (97.8%) is replaced in the number-one spot by Jefferies & Company, a New York-based bank and securities firm that comes in at 98.9%.

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