Saw the 2021 thread and thought it'd be appropriate to start one for 2022
For those of us who are graduating college in the next month or so and starting our careers in IB....what is your salary, sign on bonus, and expected bonus. Try to state general location, type of bank, etc.
Corporate Banking (BB)
Salary: 110
Sign-on: 10
Expected bonus: 30-50
Year 1 All in range: 150-170
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BB IB NYC
Salary: 110
Sign-on: 10
Expected Bonus: prolly 50-70
MM IB NYC
Salary: 100
Sign-on: 12
Expected Bonus: 55 - 85 (based on A1)
MM Midwest
Salary: 100
Sign-on: 10
Bonus: 50%-70% of base
MM NYC
Base: 110
Bonus: 10
Bonus: 50 - 75
MM IB HOU
Base: 110
Signing: 15
Bonus: probably 80-100
Is this jef?
Where is this?
Thought jef paid higher bonuses if AN1s were clearing 200-250 when base was 85k?
This still gets you to 225k on the upper end. Just trying to be conservative here. Plus I don’t think any bank will keep the bonus percentage the same - i think it’s at-least partly moving bonus to base.
How common is it to make that range as an Analyst 1?
Curious to know if bonus is usually dictated as a % of base (50% to 70%) in the offer letter or if the offer letter simply states there is a bonus and you are looking at historical percentages.
BB offer letter doesn't have a % of base, just that there is incentive comp etc.
MM IB, NYC
Salary: 100
Sign-on: 15
Expected Bonus: anywhere from 60-90
MM IB Midwest
Salary: 110
Sign-on: 20
Expected bonus: 80-100
Year 1 All in range: 210-230
This Guggenheim or Moelis?
Neither. Mm bank
Evercore
Base: 120
Sign-on: 25
Bonus Range: 80-100
Year 1 Total Comp: 225-245
Confirming base and sign-on numbers, believe bonus can be a bit higher than that, likely closer to ~$260k for top bucket
How do you know what bonus % will be like?
What's the bonus range for JPM (AN1) at NYC
MM IB Base: 110 Sign on: 15 Bonus: 60-90 All-in: 185-215
Holy… 150-170 is corporate banking?? I'm in the wrong field
Bro you’re tripping about 10k 😂
Nah corporate bankers work like 55 hour weeks instead of 80+ and still get paid that 150-170 range (if true idk)
That’s why he’s trippin not over a sign on bonus lol
Nah corporate bankers work like 55 hour weeks instead of 80+ and still get paid that 150-170 range (if true idk)
That’s why he’s trippin not over a sign on bonus lol
Nah corporate bankers work like 55 hour weeks instead of 80+ and still get paid that 150-170 range (if true idk)
That’s why he’s trippin not over a sign on bonus lol
Nah corporate bankers work like 55 hour weeks instead of 80+ and still get paid that 150-170 range (if true idk)
That’s why he’s trippin not over a sign on bonus lol
Nah corporate bankers work like 55 hour weeks instead of 80+ and still get paid that 150-170 range (if true idk)
That’s why he’s trippin not over a sign on bonus lol
Nah corporate bankers work like 55 hour weeks instead of 80+ and still get paid that 150-170 range (if true idk)
That’s why he’s trippin not over a sign on bonus lol
M&A Boutique in NYC
Salary: 115
Sign-on: 25
Expected bonus: 80-120
Year 1 All in range: 220-260
Specific industry coverage? How big is the shop?
Citi IB
Salary: 110
Sign-on: 10
Bonus: idk man hoping for 50
Location?
NYC
Do you need to pay back sign on bonus if you leave before the 2 year stint?
depends on the language in your contract but generally yes
Jefferies - Coverage Group
Location: Regional office
Base: 110k
Signing Bonus: 10k
Expected Bonus: 80-100k
Is your coverage group known to be one of the strongest performers at Jef? Also, what are you basing your bonus on?
Small Industry Boutique in LA
100 Base
15 Signing
50-100% target bonus
Barclays - expecting 185-215 TC
Base: 110
Signing/Relocation: 10 + 5
Bonus range: 60-90
Could u pm if u dont mind? Had an important question abt Barclays as a 2023 SA.
GS/MS/JPM
No signing bonus!
Is the signing bonus standard now or a recent thing?
Moelis (outside NY)
Base: 110K
Signing: 10K
Bonus: 100% (mid bucket) to 120% (top bucket)
Total Comp: 230K ~ 252K
Wells Fargo
An1 CB: base 85K - Sign on 10K - Expected bonus 20k-50k.
BofA Coverage Group
Salary: 110k
Sign-on: 10k
Expected bonus: 50-75k
Year 1 All in range: 170k-200k
Might be a dumb question but is Y1 the stub year or the full year after December?
PJT
Salary: 110k
Sign-On: 20k
Expected Bonus: Unsure, but conservatively 90-100k (firm doesn't really bucket)
Total: 220-230k
deleted
You're getting that booy taken my guy
Keep in mind, COL in Chicago (assuming this is where he's at) is about 30% lower than NYC. So not as boned as it sounds I guess.
Is this in Chicago, or a lower col state like in Michigan or Ohio?
Does anyone have insight on the typical salary of someone who goes into wealth management post grad?
Maybe I’m crazy but I think you all are on crack. You’re basing bonuses off of two remarkable record setting years.
Chicago MM
Salary: 105
Sign on: 10
Bonus: I’d be happy with 30-35k post tax
You know, I am really hoping bonuses don't come down to greatly
What are the signing bonuses for post MBA associates?
What should incoming IB analyst at Credit Suisse expect?
Any answers to this?
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