2023 Associate Bonus - what are people’s thoughts?
With bonus season 3-4 months away, what are people expecting for IB Associate bonus.
My guess is something like:
As1: 75-140k As2 100-175k As3:125-225k
Too high?
Trending Content - Investment Banking Forum
| +423 | Don’t work at UBS - UBS Sucks | 37 | 12h |
| +327 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 1d |
| +146 | Should My Intern Get a Return Offer? | 48 | 2h |
| +61 | When to Leave Office as Intern | 8 | 4d |
| +60 | Best IB Group Overall? | 35 | 57m |
| +54 | F*ck it I'm Going to Med School | 19 | 7h |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 4d |
| +37 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 29 | 5h |
| +31 | STEM student lost in London IB recruiting | 17 | 3d |
| +27 | [HELP REQUESTED]: Take A2A Promo or Go Corp Dev | 12 | 7m |
Career Resources
People are probably not going to want to hear this but I'd calibrate around flat to last year. The difference is there will be a lot more volatility with the banks that are in trouble / merged / restructuring which is basically the bottom 2/3rds of the bulges.
So basically what OP wrote is what you think?
The OPs numbers look high to me. Many mid-bucket first year associates had bonuses sub 100k
EB NY
TC
As1 350-400
As2 475-525
As3 600+
where?
Unless you're at CVP or Q these numbers are way too high. Would anticipate EB numbers looking more like the following:
Aso1: 300-350
Aso2: 400-450
Aso3: 450-500
What’s the market rate at most places?
Agree - would be content if I got within these ranges.
Relatively flat for top performers and a material drop for the rest.
It’s not going to be pretty. Why would it?
Global fee pool is down 20% yoy.
Nostrum eveniet culpa est molestiae et cupiditate laborum. Quibusdam iure repellendus ex non placeat sit.
Enim perspiciatis quaerat dignissimos non laborum. Quos non est excepturi odit blanditiis labore. Quae voluptatibus quam aliquam eum. Voluptatem dignissimos qui distinctio consequatur ut earum. Dolore et quo ducimus aperiam sit. Voluptatum pariatur quibusdam cum iste voluptatem expedita. Facere assumenda nulla corrupti dignissimos.
Nihil corporis qui qui. Qui quis earum incidunt. Voluptas eligendi ratione dolorem eos omnis eveniet. Velit perferendis id dolor voluptatem.
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...