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Hi everyone,

I've recently come across some articles, blog posts etc which suggest that areas such as pensions and employment have a much better work-life balance than areas like M&A and private equity. However, I've also seen that it's common for firms to structure their salary scale by years of experience.

 So, if there are two people at the same firm with the same number of years of experience, but one is in an area with much better work-life balance and the other is frequently doing 12 hour days, do they still get paid the same salary? Is it perhaps the same base salary, but the one with longer hours gets a bigger bonus?

Thanks in advance for any replies!