Associate salary mania took a trip Tuesday across the Bay Bridge, from San Francisco to Oakland-based Crosby, Heafey, Roach & May, who announced first-year pay packages of up to $165,000 to draw top talent from the competition and help expand the firm.
The salary hike won’t come as much of a surprise to the firm’s associates, who have been meeting with management to discuss the sort of pay structure they prefer. The consensus from those meetings appears to have been in favor of a shift away from the merit-based structure with lower base salaries and higher bonuses that once ruled the day.
