2021 Sell-side Equity Research Bonus Survey Results (First Cut)

I have gathered 50+ sell-side equity research bonus data points across firms (bulge brackets / middle market / boutiques) and ranks (junior analyst / associate / VP / director / senior analyst). Still awaiting some firms to give numbers but below is a first cut. 

https://dicktoad.substack.com/p/2021-equity-research-bonus-survey

Comments (21)

  • Prospect in S&T - Equities
Jan 23, 2022 - 3:04pm

Thanks. The numbers look pretty terrible tbh. For biotech with so many activities last year, I assume the 1st YOE's base (phd or md) is probably $120-$130. The bonus is like only 10%. That is probably comparable or even less than a 40h/week corporate job…… let alone stock options there….

Jan 23, 2022 - 4:01pm
badtradeseveryday, what's your opinion? Comment below:

Prospect in S&T - Equities

Thanks. The numbers look pretty terrible tbh. For biotech with so many activities last year, I assume the 1st YOE's base (phd or md) is probably $120-$130. The bonus is like only 10%. That is probably comparable or even less than a 40h/week corporate job…… let alone stock options there….

Bonus look pretty good after 2 years it seems, but small n. For what it's worth, comp as a PhD scientist in industry doesn't go up that fast

Jan 23, 2022 - 4:47pm
Smoke Frog, what's your opinion? Comment below:

I literally said exactly what this guy has collected for his survey, but I tell it harsh and without sugar coating. And people like you get mad. But at the end of the day, as his survey results have shown, I was correct as usual.

Jan 25, 2022 - 1:01pm
shortsquuze, what's your opinion? Comment below:

Fourth section with "analysts" are those actual analysts as in VP/MD level covering analyst or directly out of school calling themselves analyst like IB structure?

Feb 11, 2022 - 2:27pm
dickthesellsider, what's your opinion? Comment below:

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