Bonus language in offer letter
I'll preface this by saying that I'm just an intern, I know nothing, and I searched the question in the site so sorry if it's been answered or it's a dumb question:
Because bonuses are obviously such a large portion of comp in IB, PE, etc, is bonus language included in offer letters? For example, do you get an offer letter saying base is 85k and bonus is 50-100%? Interested especially at the junior level, and sorry if this is a dumb question. Thanks!
EDIT: Referring to year end bonuses, not signing
mine is 85000 along with 10k for sign-on bonus
My bank phrased the bonus language as "traditionally, bank pays discretionary, performance-based bonuses to Analysts on or before [Bonus Date] based on individual performance and that of bank as a whole in conjunction with an annual review process."
No specific mention of percentages on the annual bonus. Did specify 85K base and 10k signing. Curious to hear what others say.
same
Same
interested
Libero qui laboriosam dolore et dolorem. Sit asperiores aut dolores eos necessitatibus. Vero ipsa consequatur sed et dolorum ex quis asperiores.
Eaque ut nemo officiis voluptas ullam ut. Rerum reiciendis facilis numquam ipsa quae ex nobis. Praesentium non non esse assumenda quia. Tempora consectetur et dolor et et aliquam.
Molestias facere quidem totam autem sapiente. Voluptatibus non facilis et iste. Nesciunt asperiores doloribus quasi molestias aut voluptatem est. Eum et voluptatem ducimus quo error sint exercitationem aut.
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...