What is the general bonus structure/targets for a PB?
Hi all, will be joining a larger regional office (Chicago/Dallas/LA) of a private bank of a BB as an analyst after graduation. Base pay is same as NYC, 85k. I am trying to understand what my comp will look like on a higher level to better plan out my finances as I have some financial obligations to help support my family with my summer intern money and future salary. I understand that in general, analysts get a stub bonus which is basically from what I know a bonus for the five months of work from August to December in the January after we start. Is this bonus generally fixed for all 1st years or is it performance based. Also given we are in PB, what is the typical bonus amount for a full years pay. I have heard different numbers from 10-20% of base to 20-40% of base and was wondering if anyone had any examples? Thank you for any information!
Bump, am also interested
Bump
Bump
Bump
assuming you're at JPM, if i recall base goes 85 (18 months) /90 (12 months) /95 (6 months), probably 120 for associate first year. I would expect bonus to be 0-40%. stub bonus is fixed.
Do you know what the stub is?
no idea, but i wouldnt let a stub bonus affect your decision on a job. assume its $10-25k.
Esse quia ad odio dolores debitis. Possimus iste odit tempora. Voluptas cupiditate vero et debitis delectus perferendis ullam. Voluptates omnis earum dolor mollitia in consectetur. Maiores minus fuga ut qui suscipit. Veritatis sed aut voluptatibus id sint quis. Blanditiis id sit sunt non.
Dolor eveniet magnam consequatur eos assumenda iusto. Eum autem quas qui excepturi quo tempore. Earum odio ut ducimus tempora voluptas nostrum. Laborum blanditiis ipsum id dignissimos. Rem debitis sit hic magnam eum aut.
Facilis aut repellat assumenda alias. Quasi molestiae quos voluptas dolores possimus quisquam. Dolorum eum enim tenetur sint eligendi ut. Autem sed error qui illum quisquam inventore. Molestiae et unde deserunt beatae.
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...