Has anyone been hearing rumors on how bonuses are looking this year?
WSP: "An investment banking analyst should make $155, $180K, and $205K in years one, two and three (plus or minus $5-10K depending on how good or bad the bank did). Perhaps add an extra $5K to be safe this year given that results were up slightly."
Any idea how Barclays Analyst numbers are looking?
Like shit because they suck
They did pretty well in 2017, I heard A1 generally got 70-100% bonus
Does this apply to S&T as well?
On the analyst/younger associate level I've also heard S&T falls slightly below banking.
Likely not. S&T is under pressure of Mifid II regulation right now.
$155K for 1st year? ? That's pretty high even for IBD. I think on average it's more like $120-140.
Might be including signing bonus for 1st years, otherwise your range of 120-140 is a better average to expect.
$85k and $70k bonus. Seems in-line maybe even low.
On whose word?
Have buddies at third tier banks, think HSBC/nomura/BNP/mizuho, and their first years are on 85k plus 10k sign on plus $50k full first year base, so a bank that doesnt pay the highest is giving these kids $145k, industry coverage.
Know some bulge brackets paying below that even in decent coverage groups
Haha in Hong Kong, actually Nomura pays almost the highest on the street, around 105K base. And BNP pays almost the lowest, around 60k base. So putting them together seems wrong...
I made $155 in my first year.... so it's true:)
How far does $155 go in NYC living an analyst lifestyle? Does everyone save a lot?
bump
wow! fuck my work life balance.
Middle Market first year here. $80K base with $45k bonus - Non NY
RBC and other Canadian banks should have reported.
Where can we see the reports?
Have a couple of buddies at Canadian banks - ~70K bonus for second-year analysts
Anyone have numbers from last year, or 2018 estimates for third year associates at BB in New York.
Tough to get data points outside analyst numbers on this forum.
Anyone have any ideas on Sales & Trading Bonus Numbers?
the original numbers:
A1: that number is ~ top bucket at an EBA2: Upper Middle bucket EB. Know kids who crack 200k as 2nd yr at EBA3: Don't know any analysts who are still there after 3. More banks are moving to 2 or 2.5 A2A promotion. But that seems light given the A2 over 200k.
I think realistic numbers (excl. sign-on)
A1: 85k + 60k - 75k A2: 90K + 75k - 90k (I'm treating the above as an outlier though if you guys know of more than i would revise upward)
These numbers are absolutely correct
What a lot of ppl seem to be missing is that stubs are extremely common these days for first years. Most BBs gave stubs, ex jpm and maybe another one. Standard An1 stub is 25k
True... forgot that this is a thing now.
Are stubs worse?
.
Anyone know how DB is doing on bonuses this year?
DB did well in 2017, but really really badly in 2018, 20-30% decline from 2017 for analysts
those numbers are insane, excited for the years to come. god bless the trump era
Yes all you have to do is cut corporate rates and rates for high earners and the economy goes wild. Bush did the same thing dummy
dummy? you're in corporate banking analyzing credit for a reason son
What about London?
Bump
Any numbers for Hong Kong BB?
agree w these amounts. can confirm all in comp. EB in the US
A1 - $155k A2 - $185k A3 - $205k
Analyst in Sales & Trading (Tier 2 Bank) - base 90K + bonus of 40K. Not sure where the street average is.
I heard Morgan Stanley wasn't giving out any bonuses this year because they are TOTALLY BANKRUPT!
I'm not old enough to say this, but I'm going to say it....
Kids these days are spoiled. For 2004-2007 and 2010-2013 it was basically
A1: 70K + 20k/45k A2: 70K + 40k/75k A3: 85k + 60k/90k
2008/2009 it was 70k + 0 or a pink slip.
My old SVP brought home $240k in the early 2000's as an A2 with the surge of tech IPOs.
We've printed a lot of money since then, inflation is rampant ha!
wouldn't inflation explain this....
Assuming 2% inflation from 2004 - Now, you're looking at A1: 92 + 26/59 A2: 92 + 53/99 A3: 112 + 79/119
Interestingly looks like they were better on salary and worse on bonus in the aughts. Wouldn't have guessed that
Inflation kills Purchasing Power and Woolymammoths - saw it on Fox News and CNN.
Props to Gainalyst2015 for running the numbers. In MD speak* if you could refresh those even though I won't be meeting with the client until next week.
Not sure how these bonuses could be this high for a 1st year analyst given that most start in the summer (mid year when it comes to bonus cycle). Pretty sure most BB 1st year comp is $85K base, $10K sign on bonus, $25K stub bonus.
First year analysts are definitely not pegged at the typical YE bonuses mentioned above. Most banks are stubbing the first years at 20-25k. I'm pretty sure S&T at a BB is getting 20 stubbed. 25-30 seems the higher end of the stubs this year.
Damn, this thread makes me realize I am severely underpaid...
And when will the dick measuring contest commence? 4.7 here....... flaccid
MM Boutique (bonuses paid in July): A1: 85k + 45/60k = 150k plus/minus 15k A2: 90k + 70/90k = 180k plus/minus 20k No third year analysts
First year who got 40k bonus got fired
what did they do to earn a 40k bonus + firing?
Bad English
First year at an EB95k + ~75k bonus
Which EB are you at if you don't mind me asking? 95k base seems very high even for EB.
Probably referring to EVR - my friends there receive 95k base
Doesn't this also include a 22.5k pre-start signing bonus?
no it does not. we received that after signing the FT offer post internship
The bad news is that you're all fired. The good news is that you have 2 weeks to get your old job back