2021 Big 6 Canadian bonus thread
Ladies and gentleman, now that bonuses are declared at most Canadian banks, let's get this thread started!
Please share your data on bonus numbers and all in comp to see where things are shaking out for all of us. Hopefully, we can benchmark our compensation better
Bank x / [Title | Ranking (if applicable) | Bonus | Total Comp]
Bump
Following
Curious
Looks like no one will comment yet...idk if it's too early
Also, I realized I forgot to add mine - here you go:
Bank [lower tier but not NBF] / Analyst 2 | Top tier | $90k | $185k
Your bonus was 185k?
bonus was 90k
My group gets our numbers Friday but heard the bonus pool was up ~15%.
We get our numbers next week. But still paid around Christmas.
What is comp for Corporate Banking at the Director level?
I’m about to find out, first year D at a new bank. 175 base + ? bonus. D range last year was approx 50-200% of base.
Lmao what is "big 6"? Gtfo out you national bank kids
National TMT is doing bits
Big 5 - our base was raised from $85K to $95K in June or July. I received $96K so ~$195K all in (received a retention bonus at start of calendar year). I started FT about 16 months ago.
Thanks. Do you know your ranking? It seems like 90-100% of the new base was paid out as bonus this year. Btw which bank? I suppose you can share the bank name as an anonymous user.
I'm curious, at the junior levels is there much of a difference between Calgary, Toronto, and Montreal (Van too I guess) in terms of bonuses?
None really
Thanks
Which banks pay analysts on a December bonus cycle? Thought it was just CIBC and maybe Scotia but could be wrong.
Not on a December bonus pool but A2A (promoted over the summer) - got $130K bonus (excl. $10k promo bonus) as a 2nd year analyst. Coverage group at a top big 5.
Nice! so 130% of your base, assuming 95k? I know RBC pays in July. I think the other Cdn banks pay in Dec
Almost 100% BMO pays on a summer cycle too. To the poster below, RBC does not pay on a December bonus cycle for analysts.
All the Canadian ones? RBC does too
No, RBC pays analysts in July
Any data for international banks in Canada? The likes of HSBC, BNPP, etc corporate banking. Thanks
Most international banks won't give out numbers until Feb/March (after their fiscal YEs).
Thanks. Any idea on historical averages? Better or worse than the domestics?
What were analyst bonuses like this summer?
Bump
Bump
Setter Capital || ANAL-YST || Base 45k || Bonus of free dinner at Mandarin North York and 1 day off during Xmas.
What is the typical 1st yr analyst bonus for DCM?
Depends. Used to 60-80% of base for Analysts. Goes up depending on your role and sector
Bump
Any news on this?
Aut optio ut accusantium et praesentium earum officiis minus. Incidunt sunt omnis dolorum perspiciatis expedita hic. Quia provident laboriosam exercitationem perferendis.
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...
Blanditiis ipsum corrupti officia sit. Nesciunt repudiandae cum et dicta quae vitae perspiciatis. Sit maxime eaque esse esse officia autem. Consequatur quod nostrum nemo et sint ratione sint id. Maxime ut voluptates aspernatur culpa ratione non ab. Rerum ipsum tempora iure aut magnam doloremque culpa. Voluptatum minima et distinctio exercitationem.