Thinking about forgoing my AN2 bonus. Just wanted to reach out to see what the consensus is regarding analyst bonuses and how much lower people expect them to be. Have heard some expecting them to be down 50% and others expecting ~10-20% down.
Thinking about forgoing it if it's expected to be significantly down.
| +279 | How to deal with elitism | 95 | 14h | |
| +116 | Legal implications of “stealing” a model | 74 | 1s | |
| +93 | 8 figure comp in IB/PE compared to Tech? | 44 | 3h | |
| +64 | Am I Cooked for SA 2029? | 17 | 2h | |
| +62 | When after you started have you been hit with reality? | 17 | 2h | |
| +57 | IB/Finance in Denmark? | 32 | 3s | |
| +54 | Has anybody quit for mental health reasons and been able to rejoin PE or high finance more broadly? | 10 | 15h | |
| +44 | What freshman internship would you choose? | 9 | 2d | |
| +44 | HELP. Signed but better opportunity | 41 | 1d | |
| +38 | 2024 Global Advisory Long Term Internship- Rothschild (London) | 43 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
Forgoing? So like you're leaving to something else before the summer or?
Expecting in the 95-120 range for analyst 2 bonus
good one
That represents a 25% discount to last years, which seems more than appropriate since 2022 was one of the best years in firm history. It pays to not be at a BB
Highly, highly doubtful since that’ll put ANL2 TC at Assoc levels at some of the banks that paid like shit (RBC/JEF) but we’ll see
Forgoing my bonus as well. Thought I would tip my MDs with the whole thing
Why would you forgo the bonus? Do you have an opportunity lined up else where and you have to jump ship before bonus (if so, you should negotiate with that other opportunity to make you whole - or at least try)? I don't know where you work, but in my experience Analyst bonuses don't swing as hard from year-to-year at BBs. Even when things are bad, a good company will pay their Analysts. You are not the one who is bringing in business. At your level, you don't get the big upside when things are booming, so you shouldn't be suffering as bad (on a % basis) when stuff is hitting the fan either.
I think a lot of the sentiment is pretty unfounded, at least with regards to An bonuses swaying 50% etc. junior pay, for better or worse tends to be more rigid given how comp calcs are done and allocated and firms simply can’t grossly underpay analysts given the constant need for them at other places despite the market. So I do think they bonuses will be down forsure but likely not at the swings you’re talking about (obviously if you’re at a smaller boutique or something you’ll be far more susceptible to these swings). But I don’t think either way it’s something worth forgoing as you’re so early in your career and the extra cash is always beneficial.
Accusamus quo qui optio quas. Incidunt labore consequuntur at optio et nihil rem. Dolore ipsum dolore reiciendis omnis sit. Ipsam aut cumque beatae. Nemo quos sunt omnis dolore. Ratione rerum at ea.
Cumque et sit illo illo vitae. Mollitia natus nemo eos voluptas incidunt odio. Dolores eum nulla cumque rem veritatis id. Eaque enim doloribus est tenetur et ea est aut. Non omnis itaque perspiciatis eligendi aut eum laboriosam. Harum ut est labore voluptate commodi.
Explicabo et dolore libero illo est minus. Minus dolorem rerum neque molestias. Consequatur ducimus ab sint dignissimos temporibus minus dolor. Ab molestiae enim odio et aliquid ut iste ab.
Porro nulla dolorum quia. Vel iusto quas cupiditate sit rem ducimus eveniet. Rerum consequatur velit sed qui nulla et et. Soluta repellendus non ut sapiente.
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...