Do summer analysts get a signing bonus at BBs?
In the last ~month I signed with a BB for a 2021 summer analyst position. Are we supposed to get signing bonuses when we sign on to our offer?
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Same question. Also, if we do, is it paid when we sign or closer to the internship, also if there's a housing stipend, when's that paid?
Generally speaking no singing bonus, housing stipend is paid usually within 1 or 2 months before you start, relocation specialists of the firm will reach out
Do they still help you relocate if it’s virtual? Even if I can’t get to the office i want to get out if my current city to set up shop
Interned at a BB virtually this past summer, they still paid the relocation stipend
What is a relocation specialist, excuse my ignorance but the BBs basically place us in housing?
yea so some banks will call it a relocation stipend others may just call it a signing bonus stipend. It is just the signing bonus, usually around $2,000.
how times have changed. For some context, 2nd year associates made ~1 mil all in during the tech bubble at CSFB
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