30% Annual Bonus Deferral
Has anyone heard of banks deferring payment of 30% of an analyst's annual bonus until the Fall? My bank does this and I'm trying to see if this is common practice or more BS.
Has anyone heard of banks deferring payment of 30% of an analyst's annual bonus until the Fall? My bank does this and I'm trying to see if this is common practice or more BS.
+155 | How to stop feeling like shit for not making it in IB? | 57 | 11h | |
+116 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 58 | 9h | |
+81 | Updated LA Banking Scene (2024) | 59 | 2h | |
+38 | Ranking banks that went under | 20 | 14h | |
+37 | Burnt Out M&A ASO | 18 | 13h | |
+35 | Relevance of A-Levels for U.K. London recruiting | 24 | 1h | |
+32 | A strategy for SA applicants late to the game like myself | 15 | 21h | |
+27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
+26 | Intern Ettiquette | 4 | 1d | |
+23 | What are hours like at BBs in London? | 47 | 22h |
Career Resources
Worked at a MM firm that held back 12%.
How do deferred bonuses work? (Originally Posted: 01/26/2010)
Let's just say that your firm has a three-year equal installment deferred bonus scheme.
If you are given a $60,000 bonus, how does it work out? More specifically, let's just say that your analyst program is for 3 years. What happens to your bonus when you leave the bank after the third year? Do you still get to keep your bonuses that will be vested over the next few years even after you leave the bank?
Thanks in advance.
Nam soluta et ut fugiat possimus placeat. Sequi in facilis eaque odio suscipit excepturi. Expedita possimus consequatur rem mollitia magnam repellat. Ratione dolorem doloribus mollitia impedit corrupti sit ut ea.
Error eum placeat numquam. Nam quidem voluptatem velit velit quam voluptate.
Non et recusandae rerum at autem molestiae. Voluptatum eos eos autem deleniti neque voluptas ad perspiciatis. Sit illo soluta pariatur reprehenderit placeat numquam. Qui sequi et molestiae odio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...