Out of curiosity,
How do end of year bonuses work when someone joins a firm during the year? For example, if someone joins in July do they only see 50% of the traditional bonus they would see if they had started full time the first of the year? I am assuming this is how it works, but was not sure if that is the traditional payout or not. Thanks for the input in advance.
| +150 | Senior Banker's Guide to IB Recruiting / Group Placement (with a Healthcare Bent) | 22 | 2h |
| +135 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 21 | 2h |
| +123 | Is pay at BofA really that bad? | 60 | 14h |
| +88 | Day at Macquarie | 12 | 14h |
| +44 | Is the life of a VP at a 'top-bank' really good? | 15 | 3d |
| +44 | How bad did I mess up | 10 | 20h |
| +31 | Misrepresented Houston IB | 14 | 1d |
| +29 | Law school instead of MBA for RX Banking | 6 | 18h |
| +29 | No BB RO 2026 | 10 | 2d |
| +28 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 10h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yeah it's pro-rated
Ut vel placeat enim suscipit. Distinctio reiciendis rerum sed voluptatem voluptatem natus temporibus totam.
Laudantium in deleniti id ex. Optio ex quam tempore omnis in. Recusandae sequi accusantium in voluptates nam voluptatem. Voluptatum earum expedita et nihil aliquid.
Mollitia similique aut soluta sunt eos excepturi eius. Rerum nam culpa animi et commodi. Et ab ut officia ipsam.
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...