Stub bonus and full year comp

When first year analysts receive a stub bonus in Jan/Feb, do they get paid another bonus in the summer to make up full year comp?

If not, do they have to wait until next Jan for their second bonus?

5,965 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '25 Nov 2026 Cohort

5.00/5

Investment Banking Career Roadmap (optional)

“Parsita was extremely helpful with providing me a detailed breakdown on the different areas of an investment bank, from which I was able to gain a greater understanding into which areas I would like to focus on. She also was able to provide me a breakdown of the areas within sales and traading. Overall the meeting was extremely helpful and insightful, I would definitely reccomend her to anyone else who would like to gain a up to date, in industry, understanding of areas within IB. In particular which areas are growing more than others.”

Haagse Hogeschool

Class of '28 Nov 2026 Cohort

4.70/5

Investment Banking Career Roadmap (optional)

“I recently had my first roadmap meeting with a mentor from WSO Academy, and it was truly a pleasure. We had such an open, genuine, and insightful conversation. What I appreciated most was how closely his background, career path, and long-term vision aligned with my own ambitions. It was almost as if we shared the same goals and outlook on the future, which made the conversation even more valuable. We discussed a wide range of topics, including starting my career in an analyst role in the APAC region, potential pathways into private equity, and how to eventually transition into the U.S. market. We also talked about opportunities in the Middle East and Europe, the importance of building and maintaining a strong professional network, and even the possibility of starting my own company in the long term. He shared valuable advice on the next steps I should take and how to approach my career strategically. What made the meeting particularly special was how approachable, supportive, and genuinely interested he was in my ambitions. Since I’m currently completing my internship in Singapore and he will also be visiting Singapore soon, we’re planning to meet for a coffee chat, which I’m really looking forward to. Overall, I’m extremely grateful for this experience. It was a genuinely inspiring, helpful, and insightful conversation that made me even more confident about my decision to join WSO Academy. I feel fortunate to have connected with a mentor whose experience and vision align so closely with the career path I hope to pursue.”

See All 11,102 WSO Academy Reviews

3 Comments

WSO Monkey Bot

O

8y

Hi Perjunkmail, don't worry, the WSO Monkey Bot is here.... I'm hoping one of these links will help find your answer:

2008 First Year Associate All-in Comp fall within the "all-in" range for first full year (not stub) Associates. 2008 associate comp ... I'm curious, once 2008 bonus numbers have been announced where do you think $140,000 will ...
First Year Associate Stub Bonuses This Year + First Full Year stub bonuses; I was one of a few to get an offer when things were bad last year and the stub my BB ... expect this year for full time Associate bonuses (all in). Just so I have an idea what to look for in the ... have an idea. I'm promised a stub of $50K. I'm in a FIG group and we have been extremely busy ...
Stub bonus- Jan/Feb Are there buckets like with your full year bonuses? If you perform mid/bottom are you written off or ... can you make it to the sweet top bonus come next year's full bonus season? ...
Associate Bonus Numbers? People, lets compare the the Associate bonus numbers? I guess I will start. My full first year ... (not the stub) was $180k. Let the games begin! ...
Associate Bonuses- Expecting higher? What are Associates expecting this year? If the stub bonus for first year Associates last year was $45K ... and people are expecting bonuses for first full year Associates this year to be around the same level ... what are people expecting the stub bonus to be? Are people expecting higher than $50 to $70K for
Second year Investment sales analyst comp I am soon entering my second year of a brokerage stint at a national firm (CBRE, JLL, Cushman) in ... peanuts, and I don't know what my bonus is yet. Just wanted to get an idea of what you guys think is ... a reasonable ask in terms of revisiting my comp. My initial plan is to obviously bump my base to something ...
Associate Bonuses- 2015 first year associates $70k; not stub but full year. I know BAML has had their fair share of legal fees ... It's that time of the year- what are the numbers being reported out there? I heard BAML paid ... this year but this seems extremely low. Has anyone else reported? Curious to hear how this year shakes ...
More suggestions...

Who will rescue this thread? @iceman1019" Harshad-Purandare baileycooper

If those topics were completely useless, don't blame me, blame my programmers...

Reply

Quote

Report

Other

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

princepieman

O

8y

The stub is to get you on a calendar year comp schedule so next bonus period would be after a full calendar year.

Reply

Quote

Report

Other

Was obsessed with finance, now do product in tech

Mr. Bateman

PE

8y

Molestias dolore quis dolorem accusamus. Ipsam commodi ut esse quibusdam in earum.

Reply

Quote

Report

Other

Authored by: Certified Private Equity Professional - Assistant Vice PresidentCertified Private Equity Pro

+136	UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC	37	18h
+55	PWP acquisition by Piper cancelled	17	9h
+35	New analyst: how are you thinking about learning to model when AI is getting this good?	6	6d
+29	UBS IB #24 in US M&A in 2026	10	5d
+29	Evercore poaches Baird DC Defense Team	16	11h
+25	Houston banking Gods ?	16	1d
+21	Best Houston Banks for Culture in 2026	11	21h
+19	How to Exit a Sweatshop	4	5d
+18	Normal for lateral process to go +2 months?	4	18h
+17	Internal lateral from coverage to M&A (focused on coverage)	3	1h

1	redever	99.2
2	BankonBanking	99.0
3	kanon	99.0
4	Secyh62	99.0
5	Betsy Massar	98.9
6	CompBanker	98.9
7	GameTheory	98.9
8	dosk17	98.9
9	DrApeman	98.9
10	Mimbs	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Stub bonus and full year comp

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Stub bonus and full year comp

See All Comments - 100% Free

Trending Content - Investment Banking Forum