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
5mo

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
5mo

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 1 in IB - Cov
5mo

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.

  • Analyst 1 in IB - Gen
5mo

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! 

5mo
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
5mo

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
4mo

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
5mo

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

4mo
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.

  • Analyst 2 in IB - Cov
4mo

CS doesnt communicate comp until last week of July

  • Analyst 1 in IB - Gen
4mo

This is the kind of content/formatting we need on WSO

4mo
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
4mo

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
4mo

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
4mo

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  • Analyst 1 in IB-M&A
4mo

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  • Intern in IB - Gen
4mo

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  • Analyst 1 in IB - Cov
4mo

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  • Intern in IB - Cov
4mo

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Career Advancement Opportunities

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Total Avg Compensation

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