EB London Sign-on Bonus?
Hello all!
Received an offer a couple of weeks ago from an EB in London (LAZ/EVR/PJT/PWP) for an off-cycle.
Since they are known to heavily convert OCs, in case I do get an offer, are there sign-on bonuses?
I’m from Europe, so that would majorly help with potential full-time relocation.
On a similar note, during a 6-month OC, when can one expect to know whether they will be retaining me or not? I.e. in 2-3-4 months or later? How do you find out?
Any answers would be major help.
Thank you.
bump - also want to know
Just saw an old thread -not sure about off cycles but EBs pay summer interns converting to full-time about £6-7k
Info may be a bit dated but pretty sure all the OCs back in my days got sign-ons when they got their offers
Is a standard payment for any new analyst, so the route to the analyst (SA vs FT vs OC) was somewhat irrelevant
Thanks for the insight! Appreciate it. Any insight approx. When OCs are told if the bank is keeping them or not?
P.s. awesome username
Again, this is dated, but think usually communicated the last week in some sort of exit interview
But I think usually quite clear early on whether an OC will convert
Broadly speaking, sign on bonuses are 6-10k in London. They are often paid after your start date with your first month salary but can be discussed with HR. Regarding conversion it can depend on the firm’s dynamic, just be good and you should get it
Thanks for the insight man! Very helpful!
In all fairness, I’m more concerned with the conversion than the bonus amount - the latter was just a random thought:)
Fingers crossed!
Anyone knows HL signing bonus?
Congrats on your offer! I was wondering if you'd have any advice for off-cycle recruiting, and your rough timeline etc? I've started applying, but haven't had too much luck so far, potentially because I am yet to actually start my upcoming summer internship. So any advice would really really help!
Thank you so much and best of luck!
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