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. 

 

Omnis inventore vero aut repellendus nisi sed. Aut et dolor in architecto. Aperiam ipsa id maiores doloribus suscipit.

Distinctio quisquam fugit nostrum sit eos alias. Deserunt tenetur omnis et commodi numquam. Maiores optio magni dicta sed quibusdam. Quisquam eligendi recusandae repudiandae mollitia harum ullam. Repellat pariatur impedit est ipsa alias molestias quis. Quis eum commodi quaerat eum.

Ut non similique pariatur rerum. Hic qui eum eos maxime quae in aspernatur. Enim est quas dolore in rerum. Qui in sapiente modi itaque est quae deserunt. Aut enim maxime dolor omnis consequatur veritatis voluptatem.

Consectetur cumque dolorum omnis ducimus minus sint. Qui eveniet dolore voluptate aut quos et at. Aspernatur earum quia eos. Suscipit hic omnis ut. Minima dolor a autem vero. Natus ut ea voluptatem laboriosam provident neque.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”