Let’s say you’re an Associate 3 in 2025, you get promoted to VP at the end of ‘25/beginning of ‘26. Is your February 2026 bonus an associate 3 bonus or a VP bonus? Guessing it varies by bank but you should get paid up with the promotion no?
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Based on the most helpful WSO content, bonus timing and amounts during a promotion can vary significantly by bank. However, the general trend is that your February 2026 bonus would likely reflect your performance as an Associate 3, not as a VP, since bonuses are typically tied to the role and performance during the prior year.
Promotions often come with a "stub" bonus or an adjustment in the following cycle to align with your new role. Some banks may offer a prorated VP bonus if the promotion occurs early enough in the bonus cycle, but this is less common. It’s always a good idea to clarify with HR or your manager to understand how your specific bank handles this transition.
Sources: Millionaire by 30, Millionaire by 30, IB VP or Associate to PE -- is this a thing?, A2A - what has been your experience ?, IB Associate and VP Exits - Where are you now?
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