Guys, news of bank cutting staff is all over. For those who managed to have avoided the storms, especially prior to bonus communication, could you share how bonus would be impacted? Suppose you survive because you are a top-tier performer, would you still get paid an ok bonus (from a total comp perspective)?
| +138 | Rumors Search firm Looking for new UBS IB US Leadership | 30 | 10h |
| +51 | UBS in Shambles as Proposed $100k H1B Fee Looms | 9 | 24m |
| +44 | PPE vs Economics Path into IB in London | 11 | 12h |
| +41 | Why is BofA not getting the respect it deserves? | 25 | 8h |
| +32 | Case studies in banking interviews? | 4 | 5d |
| +30 | Breaking into Healthcare IB | 7 | 3h |
| +29 | What Makes Goldman Great? | 21 | 22h |
| +27 | 1st Year Analyst Feeling Grossly Incompetent. How do I learn? | 10 | 1d |
| +27 | If my GPA is 3.97 can I put 4.0 on resume | 10 | 7h |
| +22 | Best Bank to Prey on the Interns? | 14 | 19h |
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.
There's no rule. The below all happened at once some time ago in an organization I know well (London, IBD) Depending on the team they gave either: - in line with the market to a small selected group, so that they keep the staff in exceptionally profitable teams, - slightly less but still OK to most of the staff, justifying that the situation is difficult, or - nothing in few instances where the MD had no power, saying "yea, at least you have the job"
Nostrum perferendis ullam ab numquam autem et sunt. Eligendi voluptatem dolor optio dolores est quia sapiente aut. Aut laboriosam fuga quibusdam voluptas.
Ipsam dicta libero dignissimos itaque ex ab. Iste est accusantium totam voluptas. Sit sed magnam corrupti. Qui eum atque aliquid dolor aut. Voluptate et totam ipsam numquam sequi nam tempora. Nulla sint quia ut.
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...