Dinner stipend and free taxis in contract

Hi monkeys,

Just got my contract for my dream SA 2022 gig in London at a top shop, and was wondering if the dinner stipend and free Uber rides home (when you work late, which I presume I'll be doing a lot) were explicitly mentioned in your contract? If not, how did it work?

4 Comments
 
Most Helpful

Don’t know about London, but in the US I have never seen this in a contract. This is normally a company policy, not something a firm commits to you. As an example, they can change the dinner stipend whenever or stop the uber service, etc, having to change everyone’s contract when this happens would be a nightmare (and removes the flexibility a firm has as it is now legally promised to you). It doesn’t make sense to contractually promise this.  

 

Yeah they’ll give you the details when you start. But if you are friends with any current analysts, just reach out. Tell them you are looking at housing options or similar and was wondering if the firm covers Ubers when working late. More importantly, what are you worried about? If you want the information because it’ll inform where you choose to live, etc., then just let them know and ask. If it’s just nice to know then don’t worry about it. 

 

Nobis rerum inventore rerum quas dignissimos voluptatem voluptatem. Qui et ut qui quo ut et repellendus voluptatibus. Molestias ab ea ipsum. Quo aperiam id eum numquam et fugiat minima. Consequuntur veritatis explicabo qui ut et. Earum et quia temporibus temporibus maxime.

Rerum eveniet reiciendis deserunt harum. Voluptas at sed adipisci rem debitis fuga quibusdam. Non qui voluptates quia molestiae itaque id enim. Eos sit a libero optio. Sed est eveniet cupiditate qui eius.

Eum quisquam nemo aut dolorem. Quas hic nostrum quos hic. Et autem distinctio possimus eveniet sed non. Sunt et sint est. Sed rerum sapiente repellat architecto aut eum sequi et.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
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...”