MMHF Bonus Policy
If you quit after the end of the year, is there a policy on the bonus? I know usually gets paid a few months after the year end but curious what the experience has been.
Trending Content - Hedge Fund Forum
| +27 | James Fishback | 10 | 1h |
| +21 | Future of L/S | 5 | 3d |
| +17 | Latest blow up / wind down | 25 | 3d |
| +12 | Looking for Fund to Partner With - LMM Activist | 4 | 18h |
| +10 | SM L/S Compensation? | 3 | 20h |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 1d |
| +9 | How to prep for credit HF? | 4 | 1d |
| +9 | Moving from credit to equity? | 3 | 5d |
| +4 | Jensen Huang | 1 | 13h |
| +3 | Chefs at Pod Shops | 2 | 3d |
Career Resources
The general rule is if you're not employed at the time of bonus payment, you shouldn't expect to get paid that bonus. Can definitely vary on a case by case basis, but the safe assumption is to wait until the bonus hits your bank account
It's only real once it's in your account.
If you want that bonus, don’t even hint to your employer you’re thinking about leaving until it’s in your account for over a week.
Worked somewhere someone quit on bonus pay day like before bank hold clears. Theoretically ability was there to initiate a pullback but we dismissed that idea quickly.
So yah do not quit till the funds legally can be used by you.
Discretionary bonus is not yours until it's actually in your bank account, even then you need to be mindful of any clawback policy.
This should be clearly laid out on your contract, why are you asking an online forum? It's like asking people what your own salary is.
You must be a great PM to work for. There’s a reason I’m asking it’s because it’s vague
Deserunt officia pariatur iste vero et. Itaque eaque quae enim omnis. Qui hic totam deserunt assumenda repudiandae necessitatibus. Voluptatum consequatur iste nemo deleniti aut ut sed. Facere temporibus ipsa et voluptatem et omnis.
Ducimus culpa voluptas hic. Omnis ratione maiores et ut. Animi quo autem repellendus adipisci molestiae.
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...