This value can change drastically as I experienced. Regardless, the change is most likely good. The actual compensation depends on where you work. For example people working in NY/NJ will be paid "more" than those working in Dallas. Generally to offset taxes and cost of living. Besides your base salary, you are entitled to a one time relocation bonus, which you receive before joining the firm. And then you are also in line for discretionary annual bonuses which may be a mixture of cash and stock options. The variation in cash and stocks depend on your level- analyst, associate, vp...etc. As far as the actual value you get in bonuses is concerned, I have no idea how that is worked out but it is a function of your output, team output, division profits, and perhaps evaluations!