Baird Bonuses 2023
I heard numbers came out today. What’s it looking like?
I know in 2021 they paid absurd and obviously down considerably last year. Really curious to see how it shakes out at the MM banks
Trending Content - Investment Banking Forum
Career Resources
Bump
Can you list level and bucket ranking
Bump
Bump
Where are all the baird folk? Is everyone still working at this hour?
Is Baird a bank in the midwest? Haven't heard of them
Dude wtf, Baird is one of the best MM banks and historically one of the higher paying ones too
Have fun being a prestige chasing loser for the rest of your professional career
lol well done.
Baird has completely torched its past reputation of paying above market after another year of disappointing bonuses
Don’t get me started on their bullshit WLB policies that aren’t followed either
Did I hear correctly that they fired a guy and made him pay back his signing bonus (including taxes) even though he’d been there more than a year? Insane if true
Guess that’s Midwest nice for ya
Bump
Looks like numbers haven’t been communicated yet
Know for a fact a good number of folks had their comp meeting today. They’re not posting because they are not good figures
Bump
Have any analysts heard bonus numbers yet
Was it mostly senior bankers there who got bonus numbers today?
Reviews started yesterday and are happening now. Know for fact some teams have gotten numbers
So the bonus numbers actually weren’t all given yesterday
Keep up posted
This is not true. Many received their figures yesterday and today…
Were numbers at Baird communicated yet?
Were people laid off?
What I’ve heard:
Analysts: 35-50 some random outliers higher
MBA associate stub: 25 (complete joke, lower than a few years ago)
Associate 1s: 35-50 (lol and no, not a typo, same as analysts)
Associate 2s: 75-115
Nobody posting theirs because they’re probably in disbelief thinking they were bottom bucket when in reality the firm just paid dumpy bonuses. That associate 1 figure is legit inexcusable for the hours
A1 and As1 having the same bonuses? Don’t think that’s correct… might wanna check ur source
Are they one of those firms that now titles Analyst 3s as Associate 1s but still pays them as Analyst 3s? I don't understand why there would be that massive of a delta between Associate 1 and Associate 2+ otherwise.
Does Baird hire most of their associate class from MBA? Why were their bonuses the same as analyst bonuses?
Baird has a bizarre relationship with their mba associates because unlike other banks they essentially make them work like analysts. Naturally they’re not as good at that for a while and it causes disappointment on both sides
Other banks operate differently, and mba associates fill the ranks not for their immediate impact but for the potential to be senior bankers
Baird loses a ton of its mba associates for this reason, Baird knows this, so seemingly comps them poorly early on until they prove they are sticking around
^ case in point: they have a TWO YEAR clawback in mba signing bonus lmao
They love a2a’s and wish nobody left for PE but need associate bodies so seem to have accepted this odd churn tradeoff
Is that right? Bizarre because the analyst promotes will also become associate 1s…and if I am an a2a who gets paid theoretically less all-in as an associate, no chance I would stay either.
That makes sense aside from the part where if you say they value their a2as more than mba fresh hires, why would they pay the same bonus of 35-50k when an a2a is usually much more efficient than an mba hire? That would actually make a2as more likely to want to quit rather than stay lol
Hilarious bonuses. It's not worth it. Adjusted for inflation of past 4 years that's like getting a 20k bonus as an associate 1
Lets inflation adjust it to 2007 and compare it to total comp.
What were hours like for most the year?
Bad lol
What was analyst 1 Chicago looking like?
Just add you bonus and title, I don’t need a sob story about the firms history lmao
Prior CEO died from cancer and the new guy sucks is the reason all this other stuff gets brought up.
Why work 80-100 hour weeks for an entire year to get a 40k bonus lol
"Prestige"
It’s honestly tough to see how the number of respectable and well paying banks goes down every year, and the number of banks that treat and pay their employees like shit goes up every year. Does not bode well for the rest of us or the industry.
Can anyone else confirm if these are accurate? 35-50 sounds significantly below street - I thought Baird had a decent year and has a lot in the pipeline?
Mega thread had an associate or two with $50k full year bonuses.
baird has put themselves into Piper / Lincoln territory with this poor MM comp
Deleted
ASO 1 - $40k
A2A or MBA? That is horrendous
MBA
Might as well quiet quit and start working 50 hour weeks until they push you out. Fuck that
Feels like Blair last year. Not surprised given how similar the firms are. Definitely trying to thin the beard.
Both seemed to come in light this year
Yes.. morale is low in the bullpen this past week
how about other MMs like Jef
AS1
Top bucket
Base: 200k
Bonus: ~50%
Pretty fat dividend for Baird stock this year and expecting a nice profit share contribution.
Just glad I’m not at Blair…
A2A or MBA?
A2A
How does Baird’s equity program work?
Is there a cap on how much equity you can purchase each year? And does it get repurchased when you leave?
Heard the dividends are pretty healthy and you get a nice ramp in book value each year.
Ratione facere praesentium fuga expedita. Voluptatem est voluptas reiciendis suscipit facere et magni. Et voluptatem ut eum omnis minus recusandae velit.
In voluptatibus et est voluptas. Autem consectetur aut eveniet ex ut aut tempora ex. Nihil voluptas molestias amet facere cupiditate adipisci non. Blanditiis non tenetur dicta ducimus cum vel id.
Quis et accusamus et dolores voluptas. Ea et suscipit ut. Culpa laborum nisi fugiat minus quas. Et voluptates consequatur enim delectus. Est corporis consequatur qui et.
In doloribus explicabo voluptates dolorem voluptatem voluptas consequatur. Nisi id deleniti nostrum sint blanditiis.
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...
Velit dolorem maxime optio. Consequatur minima rerum eum quae et beatae. Sed molestias cum voluptate et cum.
Suscipit est rerum debitis deleniti dolore quis. Voluptas quia illum aut voluptas. Blanditiis est quod impedit suscipit dolores commodi et eaque. Est adipisci autem provident eligendi perferendis expedita.
Ad rerum sunt porro nam. Quis repellendus porro porro. Quia omnis nemo tempora placeat aliquam. Nisi aperiam facere eos culpa laudantium.