Hi guys, has anyone heard anything about the bonus clawbacks at ft partners, I heard analyst are not getting paid their bonuses until they spend 4 years at the company? or do they have to repay all bonuses when they leave prior to that? Please let me know whoever has any info.
Any comment appreciated,
Thank you
| +355 | Evercore Intern Seizure | 54 | 7h |
| +67 | JPM M&A is Gone??? Purely Coverage Banking??? | 31 | 6h |
| +58 | Is DCM actually underrated ? | 24 | 17h |
| +50 | How do I understand vs. just memorizing? | 5 | 16h |
| +48 | Losing my personality in Banking | 9 | 17h |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 13h |
| +42 | Associate & Above IB exits | 16 | 3d |
| +32 | Incoming IB Analyst: Best Ways to Prepare? | 10 | 9h |
| +27 | Which groups are ideal for laterals? | 12 | 11h |
| +24 | The good and bad with Wells Fargo | 1 | 17h |
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.
Not a direct source but bonuses don’t have a payment / vesting schedule (not sure what the 4 years you’re referring to is), but if you leave before the end of your role (analyst years, assoc years, etc), they will clawback all bonuses. source: roommate works at ftp ny
By clawback, do you mean that people have to pay back their bonuses? That’s insane
okay so assuming the analyst role is 2 years and you leave after first year, youre not getting your bonus. That's batshit crazy. I dont think I heard any other company doing it? Can anyone confirm?
Like any bank that claws back anything (I.e sign on bonuses), they are not going to do shit if you don’t pay it back.
You’ll burn the bridge with them, but do you think they are going to take legal action (which will cost more than the bonus itself) to get it back?
Blanditiis enim sed non dolore quos. Dolorem inventore recusandae deleniti mollitia doloribus voluptatibus est. Ab velit magnam velit qui odit voluptatem ut.
Soluta nihil error in ut ut. Ad porro quo aut. Accusamus quia magni quia maiores hic voluptas. Aut facere itaque quis dolores sit.
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...