Houlihan Lokey Bonuses
Houlihan Lokey bonuses are being announced this week. Anyone get their numbers yet?
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They started layoffs right before bonuses? Brutal.
Sure did
Layoff rumors are highly exaggerated.
Any update here? How severe were these layoffs
Not severe. and most HL employees wouldn't even call them layoffs. Most of us aren't even aware anything happened, think it was just one team in London and one team in another city that got cut.
Tech, Business Services and Consumer in LDN hit with layoffs. BS being the most drastic with a good proportion of team cut.
Bump
Bump - aware people are getting their numbers.
Bump, cmon fellas
Pls someone. Confirmed NYC associates have gotten their numbers.
Are associates and up getting numbers today? Are analysts later? Most banks had associate bonuses a few months ago and analysts in a few months so this timing is interesting.
ASOS and VPs confirmed have them. Analysts are in a couple months
Bumppppp let’s hear it fellas
Bump
Was very group dependent.
Some groups got weak bonuses. Healthcare did not.
I'm hearing 75% - 100% of base was mid-bucket. So mid-bucket ASO was around $150 - $200k.
Source on the HL-HC datapoint?
Bump
Bump
How was RX compared to M&A?
Bump
Have at least 2 more months until ANs find out so need at least some comps from the ASOs and VPs to see how low my hopes should be
Also for everyone reading, layoff fears are overblown, we are literally still hiring new people
Horrible year. Lowest comp on the street.
VPs, the category with the highest bonuses, got 5-10k total comp less than last year (i.e. not much more than 50% of fixed salary)
Directors more or less in line with VPs.
For associates it was a bloodbath, ranging from 15% to 40/50% (and we are talking high performers here).
Overall morale is down with lots of people looking for new opportunities.
This dude hates Houlihan
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