Banking group Revenue --> bonus
how does a group revenue for the FY translate to bonus for their analysts? After b-table and admin related fees, what does the bonus pool look like? Say a group of 40 bankers made 100 million in fees for the year.
Really general/vague question, so not expecting anything concrete. Just wanted to know how the process goes and any general figures
For an analyst? Whatever is market +/- 10%. Group / Bank revenue has very little trickle-down impact to analysts. Generally the higher up you go, the more impact firm performance translates to your bonus.
Agree with the above for most BBs, EBs and MMs. However at boutiques and international banks that don't really understand/know/care how the 'Street' does things, a bad year can actually fuck over the juniors
This, my little brother's friend took a job coming out of school as an analyst at a "boutique" his base was 50k and they offered him an opportunity for 50k bonus.
The boutique had a bad year and none of the analysts got a bonus.
I think a mistake made in banking is referring to every bank smaller than the MM as a boutique.
In reality, they should be called Low Tier Niche Shops.
Voluptas repudiandae voluptatem velit rem. Qui corporis maxime quo similique molestiae est. Est quaerat illum ab enim dolor fugiat.
Quaerat tenetur quas autem. Quidem fugiat harum excepturi iste maiores neque et. Esse harum fugit sit sed quod est.
Rem odit voluptatum aut vel hic maiores optio enim. Quis laudantium enim quo at consequuntur. Consequatur corporis enim unde.
Doloremque nulla id veniam dolorem eius optio. Non velit et harum qui eum ut ab suscipit. Rerum ut in porro blanditiis cupiditate blanditiis. Eum quidem unde rerum eos earum veritatis.
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...