Dealing with a terrible bonus?
At one of the MM banks that announced this week and got an absolutely horrible bonus. I was top bucket but only got a few K more than some other terrible analysts in my group and my bonus was meaningfully less than 50% of base.
My group had a terrible year but I still got absolutely cranked, was on a bunch of deals all year and closed a few. Constant weekend work and many many 5am nights.
I have astarting next year so I am on the way out I guess, but it absolutely sucks to work your tail off for a junky bonus. I know I make more than most people my age, I'm lucky to have a job, etc but it's frustrating to know that analysts at my title last year made 3x the bonus all because of the economic climate and I worked just as hard. I also made less than analysts in 2018-2020, so it was an objectively terrible bonus even ignoring 2021. I get the base raise / shift from base to bonus makes this even more pronounced, but even from a total comp perspective vs pre-2021 my bonus was bad (and this ignores inflation and the fact that fees this year are still probably 2nd highest ever).
Any tips on how to keep my head up and not feel like I just wasted the last year of my life for an after-tax amount that is incredibly depressing? I just think about how many plans I canceled, things I missed out on, and the mental/physical damage of this job that I endured to get a good rating/bonus and I feel like it was all wasted. I of course have a full weekend of work ahead of me and I cannot fathom being able to do it given how slighted I feel.
Anyone here have any tips on what else I can do? I'm thinking about scheduling some time with my MD to honestly communicate how Im feeling about this (not to ask for more money or anything, but convey how I'm feeling and the mood in the bullpen) but I know it's rationally a bad idea. I feel like I want to / should do something to communicate this. Especially because I'm leaving, I'd love to at least make someone second guess things next year when they propose completely boning analyst bonuses.
This is just a rant really, but would love to hear how everyone else is feeling, especially those who really did put in the work over the last year and were highly rated but got screwed.