2nd Year IB Bonus and PE Start Date

If a IB firm has their bonus given out in August then what happens if you accepted a PE offer and the start date is before the 2nd year IB bonus is given out? Are you fucked or does the PE firm pay out an additional bonus to cover that? Not in the position right now but just curious.

5 Comments
 

Interesting. Does not renewing affect your bonus #? If those that leave PE in June but don’t get their payout in IB until August, so that means I would still get my bonus no matter what?

 

I would assume it has to be a bank that is open to exit opps right? From what I understand GS is one of those that gets unhappy if you leave and I would assume they wouldn’t give you a bonus. My assumption can be wrong tho.

 

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