Associate Sign-On Bonus
What’s the typical summer / MBA associate sign-on bonus upon receiving a full-time offer? With offers coming out this week, I'm curious to know how much to expect at my bank vs the others. Doesn’t seem to be much detail on here since 2020. Would also love to know the timing for the receipt of payment (sounds like bulge in spring and EB within the month)
Anyone care to share some details?? E.g. Bulge/EB, sign-on bonus range, time of payment (immediately after summer, once you start FT, not until winter etc)
Especially curious to know the difference between GS/JPM & your EVR/PJT/PWP/MOE’s.
Classic (aspiring) MBA asso
Probably wouldn’t be asking the question if the summer was over and I was already a FT associate now would I lol
Typical Associate is $50k. Typical Analyst is $10k.
Reason why Associate signing is so high is because they're on the stub cycle, which means they get their first bonus only a few months into the job, but this stub payout usually isn't pro rata to what you'd normally get, so you wouldn't get your first real bonus for well over a year into the job, whereas Analysts do get a full bonus at the 1 year mark given they're on summer cycle.
Bump
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