Incoming analyst at an EB Rx group and was curious about the typical bonus structure for firms. Given that Rx will likely be very active moving forward, will folks in that group be making larger bonuses than M&A counterparts (assuming M&A stays slow)? Or do the firms combine revenues from all groups and split bonuses that way? Not too knowledgeable about how bonuses in banking in general, so any help here would be great.
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Depends on the firm really. Some groups are more siloed at certain firms than others. Typically they'll make sure to take care of you though, so even if it's based on firmwide revenue and it's a down year and you're busting your ass in RX they'll make sure to give you a decent bonus in those down years and then kick some extra to the group when revenue starts recovering.
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