Internal Transfer & Bonus Question

At a BB in NY. I’m an international and didn’t get H1B on my last attempt so I’m being transferred to our London office soon. Question to anyone been through this process before - are they generally going to make you whole for bonuses at the year end since you spent half the year in another office? Thank you.

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Policies differ by bank as a disclaimer, but almost certainly not.

On the contrary, you'll (A) likely be paid pro-rata only for the time you spent in your destination office, and (B) likely a prime candidate to be ranked a middle bucket, unless you're a superstar. It's not my first time in the jungle on this.

Unless you're an absolute superstar relative to your peers, teams want to pay to keep their top talent, and as a joiner from a foreign office, you're unlikely to be seen as a flight risk, and teams generally keep their own budgets.

Sorry to be the bearer of bad news - maybe my experiences were the exception!

 

Thanks, this is is super helpful! If you don’t mind, could you give me a little bit background on your transfer (like from which office to which office and to different team or same team)?

 

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