Bonus (Starting mid-year)

You don't typically get stubbed until you reach associate. Analysts receive their bonuses in July.

yep. you are a 2nd year when you are done with being a 1st year, so a year later in jul :)

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In london, february is often bonus month.

some banks pay their bonus the following july or august...

Do most banks pay their first year bonuses at the end of the year, after a full year's work, or after 18 months at the firm (end of the following year)?

i started in january 06 and was paid mid-year, so they gave 1/2 of what they claimed would have been the full year bonus. the next scheduled bonus would hit in june 07 at which point i should get the full-year figure.

a guap

Most 1st years get their bonus numbers in July so there is no pro-rated amount.

If for some reason, a bank pays on the same schedule as Associate and above then Analysts will receive a stub bonus.

How about associates? When do they find out their bonus #'s?

Associates get their bonus # in February and the money should be in the account by March

I have a question about this too - what have these numbers been like in the past, specifically in S&T? Just trying to put together a rough budget for next year (starting in July) and wondering what Stubs have been like. I know they were pretty crappy last year, but how bout in the past few years?

First post, but this site has been very valuable to me over the past year so thank you for that.

At my Bank, on average (date they get numbers - date they get money)

Associates to MD: (1/29 - 1/31) Analysts: (6/23 - 6/30)

bump

anyone else have any insight on this? Specifically about the size of first year stubs? Thanks

Last year stub at one shop for S&T Associates was $17k. That's about a third of what it was the previous year. No idea what this year will be like...