Stub bonus confusion
I’m a first year and still confused by stub bonuses. I hit the desk in September so if my bank does stubs what will my typical bonus cycle look like?
Dec 2020 - ~20k
July 2021 - 50k
july 2022 - 50k?
Trending Content - Investment Banking Forum
Career Resources
following
no. You'll get paid around jan/feb/mar depending on your bank. First year you'll get a stub/half so 20-40 depending on the bank and then after that you'll be on the full year cycle like everyone else getting paid annual bonuses in jan/feb/mar hopefully at least double the figures from the stub
Why would anyone stay on until July then?
To get promoted eventually, to get more deal experience before leaving, etc
some banks pay their analyst bonuses in July. I think you're getting those confused
Lots of people dip lol, if you're in CA or NY the marginal benefit of the bonus difference after tax is stupid low.
Porro consequatur est sint qui. Possimus necessitatibus enim itaque sed et nam id. Earum facere non reprehenderit quasi fugiat.
Quidem vel eligendi quia beatae culpa quia. Eaque corrupti iure illo ut quo. Exercitationem minima enim ea ipsam porro. Blanditiis tenetur est est commodi ut. Nostrum et quisquam dolor assumenda minima. Hic architecto excepturi rerum dolor non labore suscipit ut.
Minima recusandae saepe sequi non natus exercitationem. Et et nam qui omnis aut. Sequi ut magnam est ut quo soluta. Eum similique at velit dicta. Neque non vitae est quod natus esse ipsum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...