How did the bonus structure in IB originate? The IB bonus structure is obviously unique in that IB bonuses far exceed the bonuses seen in other industries, even at the junior levels. Why is this case? Also, analysts are not yet rainmakers. So why are analysts given significant bonuses too?
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Eat what you kill at the senior level and need to have something to motive juniors after fucking them for 51 weeks before bonus is paid. So I’m told
This asian dude (ex analyst at evercore) explains why and how perfectly.
https(:)//youtu(.)be/kTeOH8B9OFQ
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