june 30 or july 31? which banks have which fye?
also, what happens if an departing second year analyst needs to leave the job 1 month prior to the 7/31 fye due to his/her other opporutnity forcing him to join at that time? is bonus just prorated?
i am most interested in BB. thanks.
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are you planning on telling them about your departure? b/c then you can expect a possibly extreme "pro-rating". happened to a friend of mine
from my experienece, GS is typically one of the last banks to end (start later than most BB). The program ended on 6/30 provided that you had enough vaca to cover another 10-12 days of work. If not, you had to keep working or get prorated based on # of weeks worked / 52. No one did this as everyone had plenty of vaca.
so are you saying that if my fye is 7/31 but i have to leave by 6/30 then I will still get the same bonus provided that i don't take vaca?
also, when is the best time to tell my group that I will be leaving early....
doesnt GS have a fye of 7/31 as well or is it 6/30?
You might not get paid out unless they love you, where you work.
do you mean they will prorate the bonus (ie 11/12 of bonus)?
GS FY end is 11/30, but for analyst program it is around 7/15-7/20 which is when analysts start. They let you leave early by taking vacation from 7/1-7/20 if you have it.
TheBull, let me spell this out. if you tell them early, you run the risk they will pay you the absolute min bonus they want to. I have a friend who was a top analyst in his group, that told his group he was leaving and got 30% of what he should have.
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