2022 Analyst Bonus Thread

This time of year is kicking off... Let's use the below format to comp peoples bonuses. May the odds forever be in your favor!

Bank: [BB/MM/Boutique]

Group: [Coverage / M&A / M&A]

Ranking: [Low/Mid/Top]

Bonus:[$$$]
Base Salary: [$$$]

Comments (1021)

  • Intern in IB - Cov
Jun 10, 2022 - 1:30am

Congrats on wrapping up your first few months in IB. I was wondering how many hours a week were you working your first year/ how much you expect to work as a second year? Really interested to hear about the lifestyle at the firm

  • Analyst 1 in IB - Gen
Jun 9, 2022 - 1:29am

Any speculation on how bonuses will turn out with how the first half of this year has seen a downturn? Anyone know what a standard BB bonus range is for mid-bucket?

  • Analyst 2 in IB - Cov
Jun 23, 2022 - 11:41am

I could be wrong,  but Imagine that they will fall in line with past years. Not quite as lucrative as 2021 - but who know.  - I imagine a bunch of people would leave if they got stuffed on bonuses

  • Analyst 1 in IB - Cov
Jun 10, 2022 - 8:14am

I know performance reviews are happening street-wide right now but at my bank, and at other banks based on what my friends are saying, they're deferring our bonus number until July so I'm taking that to mean it'll be based off 2022 also for some banks.

Jun 23, 2022 - 1:11pm
TopBucketBateman, what's your opinion? Comment below:

Why these threads are made is for

1) prospects eye balling which banks pay good bonuses- despite record breaking years not all firms paid out

2) for laterals

  • 1
  • Analyst 2 in IB - Cov
Jun 23, 2022 - 11:50am

Because banks know they can't screw over analyst to much - hence all the comp increases to retain talent. 

  • Analyst 1 in IB - Gen
Jun 16, 2022 - 3:52pm

I've been looking to lateral to BB/EB and haven't seen many openings in the last 6 months. I believe this summer is the best opportunity for people trying to make the move - could yall please post when your banks are paying out bonuses to analysts? Would be greatly appreciated! 

Jun 17, 2022 - 5:51pm
Five-Five, what's your opinion? Comment below:

Don't worry the site will be inundated with these in due time...

Loud and clear.

  • Analyst 3+ in IB - Cov
Jun 22, 2022 - 10:25pm

Curious to know what team you're at, my team hasn't assigned bucket. We just got numbers.

Truist

Coverage

3rd year

Base:$110k

Bonus $110k

Not happy with comp. Especially peers at WF and similar tier banks have higher base.

  • Analyst 1 in IB - Cov
Jun 23, 2022 - 10:16am
  • Analyst 2 in IB - Gen
Jun 23, 2022 - 12:46pm
Jul 31, 2022 - 9:53pm
aijdjs, what's your opinion? Comment below:

Mid bucket got 80%, know of top buckets who got well over 100%+

  • Analyst 1 in IB - Cov
Jun 23, 2022 - 2:07pm

Bank: Truist

Group: Coverage

An1 Base: 100

Bonus: 80

Rank: 4/5

  • Analyst 1 in IB - Cov
Jul 19, 2022 - 9:54am

Not terrible but not great. I know Truist when it was STRH was known to be pretty laid back but now we have our fair share of late nights (tho dependent on staffings / team placement) I'd say 65-70hrs on average. Busy weeks tick up to 80-85 (35% of weeks). In the first year have had probably 3 weeks hit up in the 90-100 range (2 were live deals and one was for a pitch). Overall not terrible especially if you're in one of the LCOL cities as the money goes farther. Overall culture is good which helps make the super busy weeks more tolerable. WFH flexibility helps a lot too.

  • Analyst 2 in IB - Cov
Jun 24, 2022 - 1:41am

Am I insane or are this and previous numbers in thread great for truist? Especially because of LCOL.

Jul 7, 2022 - 3:47pm
apetrynamakeit, what's your opinion? Comment below:

I think it's okay for a MM, but given that their bases are $10k lower than street avg ($110k) the bonus is really more like $60k. Which is decent historically for MM but perhaps a bit low if the bonus pools were locked in at Xmas, when markets were at an ATH.

This also brings up the question of which banks will lower bonuses as the base salaries have risen over the past 2 years. I had friends in Tier 2 cities getting paid $60k A1 bonuses during 2019/2020 but with $85k bases, so [email protected]$100k = [email protected]$85k.

So TC has moved up slightly, it just doesn't feel like it because COL/rent has also risen.

  • Intern in IB-M&A
Jul 11, 2022 - 9:47am

Can you pm shop?

  • Analyst 1 in IB - Cov
Jul 11, 2022 - 10:26am

Not OP but would assume A1 given 110 base. Don't think any BB has 110 for an A2 base salary

  • Analyst 2 in IB - Cov
Jul 11, 2022 - 11:53am

Yeah there are some teams that serve smaller companies.  A lot of the BB's started or built out these division over the last few years.  

  • Analyst 2 in IB - Cov
Jul 11, 2022 - 12:42pm

Same here, but our bank has said that bonus will be paid out in the last week of july.  

  • Analyst 2 in IB - Cov
Jul 13, 2022 - 1:14pm

Imagine being a  top bucket and giving a lot and your comp tops off at 150K - I think it is fair to say that is a shitty deal.

  • Analyst 1 in IB - Gen
Jul 12, 2022 - 2:26pm

Anyone know when Citi and moelis announces/pays analyst bonuses? 

  • Analyst 2 in IB - Cov
Jul 13, 2022 - 3:47pm

Big help! - Will say 200K is not terrible comp - but probably not what people were expecting

  • Analyst 2 in IB - Cov
Jul 13, 2022 - 5:43pm

It's not even $200k -- Barclays bumped up base like 4 months ago so really you're seeing AN2s getting like 170k-190k.  

Jul 27, 2022 - 5:51pm
streetstreeter33, what's your opinion? Comment below:

According to an inflation calculator, if we returned to the norm of 2019 levels a 200k all in comp should be 235k today. if compensation was stagnant, we should still be at a 17% premium over 2019 levels just for inflation. Add the risk free rate on top of that like a real finance pro and we're sitting more in the 20-25% premium for the same value of wages… 

  • Intern in IB - Cov
Jul 13, 2022 - 5:12pm

are bonuses generally the same across coverage groups at the firm? I'd imagine Barclays tech would be on the higher end given recent performance. 

  • Analyst 3+ in IB - Gen
Jul 18, 2022 - 3:15pm

200k at age 23/24 and people are not happy. What was the expected amount? 

2-3 years ago, getting 180k was already considered really good for analyst 2

  • Analyst 1 in IB - Cov
Jul 13, 2022 - 4:09pm

Barclays A1Base of 110k (new)Bonus was ~40kI'm very disappointed. Not going to be giving much effort at work going forward if I'm being honest. This is corp dev comp.Understand the culture has been decent but it's still banking tf? This is literally a pay cut from last year with inflation considered.

Edit: had very good reviews

  • Analyst 2 in IB - Cov
Jul 13, 2022 - 4:14pm

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  • Analyst 1 in IB - Cov
Jul 13, 2022 - 4:21pm

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  • Analyst 2 in IB - Cov
Jul 13, 2022 - 4:28pm

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  • Intern in IB - Gen
Jul 13, 2022 - 4:36pm

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  • Intern in IB - Cov
Jul 13, 2022 - 5:16pm

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  • Intern in IB - Gen
Jul 13, 2022 - 4:11pm

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