I'm fairly sure that's total comp - so with a 1st year bonus guarantee. After that first comp cycle, we all know which way the bonus will go...And then you're fighting the rest of the team for that 2-5% merit budget.
If that's just salary - I have no idea what Citi are doing, it's way out of market.
If that's just salary - I have no idea what Citi are doing, it's way out of market.