Hey guys,
Work at UBS and just had my chat about bonuses. I was told that my bonus this year was a $1,000 Amazon gift card as a mid-bucket analyst. Is this normal across the street? Heard Nomura were getting gift cards to Benihana? Please confirm, thanks.
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Confirmed, top bucket $1000
I believe at MS they received a $20k SHEIN gift card (mid bucket). I cannot confirm for UBS and Nomura (think Nomura no longer has a bonus part of the comp)
Confirmed on the Shein gift card - I'm pretty happy though
Heard it is part of a group wide effort to get the lead left position for SHEIN's IPO. The co-heads of MS IBD are asking all bankers to write highly complimentary, 50+ page memos detailing their experience using said gift cards from bonus.
20k at Shien would buy you all of China lol
Shit would be wild, I’d come to the door in trash bags
Have a good mid bucket friend at UBS - heard the same thing
VP at UBS here. Can confirm
I got 50% off my MD's OF and a free cock rating. Unfortunately, it wasn't very good.
His OF? or did you get a bottom bucket cock rating
Getting a $1,000 Amazon gift card as a bonus does sound a bit unusual compared to what I’ve seen or heard in the past, but honestly, companies are trying all kinds of different things these days, especially with restrictions around cash awards and perks. I’ve had friends in tech and finance get bonuses in the form of retail or streaming gift cards, though it was definitely less common a few years back. Seems like gift cards are just easier to process and distribute than regular cash sometimes.
If you ever want to use crypto for gift cards like this, you can check out aceb since they let you instantly buy a bunch of different cards online using crypto. Some coworkers found it handy when using their bonuses or as last-minute gifts.
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