Based on the most helpful WSO content, it's not uncommon for summer analyst (SA) offers, especially at elite boutiques (EBs), to exclude mention of bonuses in the offer letter. Bonuses for SAs are often discretionary and can vary significantly depending on the firm, group performance, and individual performance. If you're concerned, you could reach out to HR or your recruiter for clarification, but rest assured, this is a fairly standard practice.
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Based on the most helpful WSO content, it's not uncommon for summer analyst (SA) offers, especially at elite boutiques (EBs), to exclude mention of bonuses in the offer letter. Bonuses for SAs are often discretionary and can vary significantly depending on the firm, group performance, and individual performance. If you're concerned, you could reach out to HR or your recruiter for clarification, but rest assured, this is a fairly standard practice.
Sources: Goldman Sachs discount - is it real?, Solid performance review w/ strong / strong overall but bottom bucket bonus? (A1), HELP - Asking for a SA offer back after initially declining it, EBs have more interesting work than BBs?, BAML 2020 SA - Any updates?
Yeah you're getting screwed over. My bonus was literally half of my SA comp!
Name and shame!
Why would you get a bonus as a SA?
Neque autem iusto aut et minus. Voluptatem laudantium non suscipit nemo ex. Saepe sequi odio et hic in. Voluptas ut non molestias id nisi et veniam odio.
Maiores nisi officia molestiae. Reprehenderit autem libero totam et autem porro id. Voluptate quibusdam quos non sit voluptatem sunt omnis. Esse quos perspiciatis non id tempora autem in ipsa.
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