Are there any first year analysts here that started in mid-year (january or so). If so, how did your firm compensate you. I work at a fairly small bank and they are having difficulty figuring out how they should compensate me. They haven't had any first years start in the middle of the year before and are not even considering me as a first year analyst since I haven't been through the firm's training program. Any suggestions or comments on how its done on the street?
Your insight would be very helpful.
It's the same way on the street. You aren't considered a first year until you complete training and start with the first year class in July. I'm pretty sure you are paid base salary. I'm not sure how bonus works tho.
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