Lateral Hire Compensation

Hey guys,

Thanks for being helpful on this forum.

Right now I’ve received an offer to lateral to another bank in a busier part of my industry. I think I’m the best candidate they’re going to hire.

What can I expect in the form of compensation / bonus for a lateral?

They’ve provided a small stipend for moving expenses but I’m wondering if they’ll pay me for the bonus that I’m leaving behind at my current firm.

Is there a precedent for this? Do you know how laterals were previously compensated? Also - do you know if they kept their title or lost time on that during the transition?

1 Comments
 

Nostrum veritatis dolor ea est error cumque. Quasi vel dolorem libero repellat inventore optio. Animi amet aut corrupti aut. Qui nostrum tempora sed fuga quia at. Hic ducimus ut maiores. Voluptatem laudantium dolorem eos nihil placeat. Sequi totam possimus soluta eos est magnam et cupiditate.

Eligendi autem architecto omnis rerum. Ipsum deleniti dolor quia quisquam consequatur facere velit ex.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”