Stub Bonuses for first year analysts

Hey everybody - kind of confused about how bonuses/stub bonuses work. If i start on the regular cycle (end of summer) and my firm pays bonuses out in Jan, I should get a stub bonus, correct? Does this mean I won't get another bonus until January of the next year (so a year and a half later than I first started)? Thanks for the clarification.

4 Comments
 

A stub bonus is a "portion" of the full bonus for people who come in after the calendar year has already begun. It'd obviously then be in January.

Your first full bonus would be the following Jan.

Was obsessed with finance, now do product in tech
 

And so I'm assuming if one stays the regular two years as an analyst, they're only going to get a stub in Jan and then only one more bonus the next jan, and then leave half a year later? that sucks

 

Error occaecati est eum et. Consequatur ut molestiae rerum sunt quis. Est quia pariatur sed non atque. Esse ipsum quia et. Nisi et est veniam quam qui expedita. Minima cupiditate quo iure esse ad.

Was obsessed with finance, now do product in tech

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (15) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”