Deferred comp sell-side -> HF/buyside
What happens when you have a lot of IB deferred comp (from YE bonus) and move to a Hedge Fund? Is it normal practice to try to get some of it paid out in the form of a signing bonus or just eat it and hope for the best?
If you are being recruited by the HF, then they will try to work something out with you. If you are the one looking for a job, then you are SOL.
Define a lot. For relatively low amounts, they’ll likely give you credit in their deferred program. For larger amounts (7 figures+) it gets more nuanced.
Thanks for the replies. And when I say a lot, it's mid-6 figures (so not 7-figures+, but still a decent amount imo).
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