Let's keep this pretty simple and straightforward:
Bank: BB/MM/EB/etc.
Bonus: in USD. Also denote whether or not it's a stub.
Base: current and whether or not you got a bump.
Years experience: How long have you been doing SS ER
2018 Full Time IM/ER Recruiting *DECISIONS* Timeline Megathread information. Fidelity (Boston/NH): EquityResearch: First rounds beginning week of 8/21 High Grade High Income ... Alliance Bernstein (NYC): Fixed Income Research Rotational EquityResearch Rotational portfolio management ... Noticed there were threads for IB, S&T and wanted to make one for IM/ ER. Opportunities for FT ...
Equity Research Bonuses- 2013 Associate (1.5 years exp) Base: 100k (bumped from 80k) Bonus: 40k equityresearchbonus 2013 2014 ... a sense where the other researchers are at given how much comp ranges for ER based on your analyst's ...
Equity Research Bonuses- 2015 originally, hopefully it adds context. EquityResearch 2015 bonuses ... I've seen these start to pop up for IBD, S&T and others but nothing specifically for ER ... $90 from $85 Bonus: $30 (stub) EDIT: Have 3 years prior finance experience. Should've posted this ...
ER Bonuses: 2013 Role: 3rd/4th Year ER Associate Base: 90k (unchanged, no raise) Bonus: 50k cash (flat Y/Y) ERresearch ... EquityResearchbonusbonuses ... on IBD and not ER or S&T so there's very few data points. It's helpful to collect as ...
ER Bonuses: 2012 / Stifel) Location: NYC Role: 3rd Year ER Associate Base: Raised to 90k from 80k Bonus: 50k cash EREquity ... Researchbonusbonuses ... all of the focus is on IBD and not ER so there's very few data points. I think it's helpful ...
2018 Bonus Rumors were up slightly." bonus compensation to Saturday, January 6, 2018- 10:55am ... Has anyone been hearing rumors on how bonuses are looking this year? WSP: "An investment ...
Equity Research Bonuses- 2014 (Years experience) / BASE / BONUS / LOCATION (ex: NYC) EquityResearch ... a sense of how bonuses and comp is panning out this year. Good format would be- BANK (BB /MM) / POSITION ...
Oh boy, this should be interesting. I’ll go first:
Bank: BB
Bonus: $24,000 prorated ($12k actual, since I started 6 months ago)
Base: $85,000, bumped up to $87,500 for next year
Years experience: half a year
FYI, unless this is different at other banks, associate pay is not really linked to whether the analyst they work for is ranked. At least for the first few years or so its really about your performance and contribution and not your analysts'. That being said, its obviously easier to get exposure to sales and clients when your analyst is a top guy in his space. This is relative to other associates at your bank. If you're comparing two different banks, one with better research, you'll probably get paid more at the better shop.
I can confirm this as well, especially if you're in your first few years in ER. It's always confused me that people seem to place so much emphasis on whether you work for an "II ranked team/analyst" when inquiring about comp when it's almost totally irrelevant until later on in your career. And note that I'm referring to larger BB/MM firms where pay tends to be more uniform/structured.
Obviously this is not to say that whether you work for an II ranked (or otherwise well regarded) analyst is a bad thing to focus on. It's actually incredibly important considering how your day-to-day work and learning opportunities are heavily tied to your analyst. But when it comes to comp at the junior level it's basically an irrelevant question, since comp is almost exclusively tied to the strength of your bank's shop. (There's obviously fluctuation around that comp level based on relative performance with the firm, but again this isn't really going to be influenced by your analyst's II ranking or anything like that.)
I cover a low energy Industrials/Materials sector. I agree though the bonus is way to low compared to friends at other shops. I need to make a move this year.
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Hi bingy, check out these resources:
No promises, but thought I'd mention a few relevant users that work in the industry: kidnick Pabitoz bkonigsberg
Fingers crossed that one of those helps you.
This will be an interesting thread this year. I'll definitely be circling back.
Oh boy, this should be interesting. I’ll go first:
Bank: BB Bonus: $24,000 prorated ($12k actual, since I started 6 months ago) Base: $85,000, bumped up to $87,500 for next year Years experience: half a year
did you start out of undergrad?
edit: asking bc Im trying to lateral at the moment, trying to sense check my expectations
Yep, I just graduated last summer.
Also will be checking back. Very interested to see how comp in ER is atm
Can confirm numbers for two well-regarded BBs in ER:
Second one:
Both are for straight-out-of-undergrad first year analyst programs.
FYI, unless this is different at other banks, associate pay is not really linked to whether the analyst they work for is ranked. At least for the first few years or so its really about your performance and contribution and not your analysts'. That being said, its obviously easier to get exposure to sales and clients when your analyst is a top guy in his space. This is relative to other associates at your bank. If you're comparing two different banks, one with better research, you'll probably get paid more at the better shop.
I can confirm this as well, especially if you're in your first few years in ER. It's always confused me that people seem to place so much emphasis on whether you work for an "II ranked team/analyst" when inquiring about comp when it's almost totally irrelevant until later on in your career. And note that I'm referring to larger BB/MM firms where pay tends to be more uniform/structured.
Obviously this is not to say that whether you work for an II ranked (or otherwise well regarded) analyst is a bad thing to focus on. It's actually incredibly important considering how your day-to-day work and learning opportunities are heavily tied to your analyst. But when it comes to comp at the junior level it's basically an irrelevant question, since comp is almost exclusively tied to the strength of your bank's shop. (There's obviously fluctuation around that comp level based on relative performance with the firm, but again this isn't really going to be influenced by your analyst's II ranking or anything like that.)
Bank: BB Bonus: $10k no stub Base: 125k --> 140k Years experience: 3.5 years
You have 3.5 years of sell-side experience and got a $10k bonus...and that wasn't a stub?
I mean my goodness even that kid above you with 6 mo experience fresh out of undergrad got more than that. Unfortunate.
ER is not worth it for a 10k bonus
Ouch. Tough sector or something?
Must've been BAML.
I cover a low energy Industrials/Materials sector. I agree though the bonus is way to low compared to friends at other shops. I need to make a move this year.
Bank: BB Bonus: $12,500 Base: $85k going to $90k Years experience: 0.5 (started last summer as a 1st year straight out of undergrad)
How much do you guys work? Please be specific... usual start time / go home time for both earnings and non earnings season. Thanks!
I didn’t earn a bonus bcz I started at the end of our fiscal year so I’m no help there but I can say my hours.
It’s usually 8am-7pm non earnings. During earnings it’s more variable but 6am-8pm seems around average.
Hey -- when do your bonuses pay out? Mine pays out at the end of this month. Logic implies there will be a bunch of open seats in the coming months.
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Sequi earum laudantium excepturi sequi. Exercitationem necessitatibus veniam quisquam quos sunt voluptatem. Harum soluta dolorem eius autem rem modi animi. Iste quia aut ab saepe repudiandae. Nobis numquam autem soluta. Doloribus ut ipsum dolor aut repellendus sunt accusamus.
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Ducimus delectus consequatur iure repellendus quidem. Vel dolorem eaque debitis laborum. Eum earum fugit est voluptas odio. Consequatur voluptatem quidem et illum id debitis. Eaque veniam debitis cupiditate non. Incidunt in saepe nemo expedita voluptatum. Laborum hic voluptatem fuga et vitae.
Iste quasi unde exercitationem nihil enim. Minus necessitatibus vel accusamus cum non sit. Odio consequatur in adipisci esse dolores rerum. Et tempora optio sed iusto ipsa non voluptatem facilis. Cumque ullam voluptates neque rerum. Consequuntur aspernatur maiores amet porro beatae placeat tempore.
Porro recusandae quis et animi illum mollitia. Et earum et eius. Quasi cupiditate consectetur ullam praesentium.