All, wrapping up my first year at BB in a product group and beginning to think more and more about the potential opportunity to go A2A next summer.
I want to make sure I understand the timing of the $. The below is my understanding:
Summer end 2nd Analyst Year: 2nd year bonus ($85k) Promotion Bonus ($40-50k) Base goes to $150k upon promotion
January the following year, I believe you also receive a “stub” bonus for your first half year as an associate (so would guess $75k).
Is this accurate? If not could someone please provide more accurate detail. Would also love to hear others experience with the A2A process.
Correct. Stub bonus will be more like $35-50k though.
Depending on your bank, there may be an Analyst 3 year or an "Associate 0" that's basically a rebranded Analyst 3. In that case, base will be $105K to $125K with a ~$100Kish bonus in a normal environment.
After that year is done, you'll become a normal associate with $150K base, a signing bonus of some sort, etc
Good info! Thanks
could I ask what product group you’re in that paid an 85k bonus? also in a product group at a BB so I’m curious. if you don’t want to share publicly, happy to chat over DM if you’re more comfortable with that.
Given these market conditions, you're not gonna be getting that much of a bonus
This is an assumption. Work in DCM at one of the leading firms in the space. Dcm fees are up remarkably YoY.
Again - I’m wrapping up my first year and will get my first bonus this summer (expecting 65-75) and as such would expect 85 or roughly so in year 2.
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