How are bonuses distributed?
(Chimp, 13
Points)
on 5/17/07 at 1:12am
I know it matters whether you're a 1st, 2nd, or 3rd year. But how else are bonuses determined?
Is it based on how much work you've put in? How many deals you've been on?
What if you're in an LA or SF office - do the fees generated by the NY contribute to your bonus as well?
Or is everything shared equally, after all costs are taken care of?





comprehensive review systems
comprehensive review systems are in place at most banks where everyone you worked with - analysts through SMDs/Group Heads review you...the questions range from product delivery to professionalism. Fees dont really matter until you reach the VP-MD-SMD type levels since 1-3yr analysts arent driving revenues..you get placed into tiers based upon your overall reviews and i do think the number of executed deals dont matter unless you suck and the staffer decided not to put you on anything live (i.e., the pitch b*tch).
Generally bonuses are the same in all regional offices as compared to NYC.