...delete...
...delete...
Keywords
...delete...
Career Resources
Career Advancement Opportunities
July 2026 Investment Banking
Overall Employee Satisfaction
July 2026 Investment Banking
Professional Growth Opportunities
July 2026 Investment Banking
Total Avg Compensation
July 2026 Investment Banking
“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”
Leaderboard
| 1 | 99.2 | |
| 2 | 99.0 | |
| 3 | 99.0 | |
| 4 | 99.0 | |
| 5 | 98.9 | |
| 6 | 98.9 | |
| 7 | 98.9 | |
| 8 | 98.9 | |
| 9 | 98.9 | |
| 10 | 98.8 |
“... I believe it was the single biggest reason why I ended up with an offer...”
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Didn't have a non-compete in my MM letter. I would have to pay back my signing bonus (only that though, not regular end of the year ones) if I left before the 2 years is up though.
1a. a 2-year non-compete is very long for a jr employee and a court would be unlikely to uphold it 1b. however, that does not mean the firm couldn't try to pursue you for it and be a (very expensive) pain in the ass 2. never heard of clawbacks in that context for any non-deferred comp
you should get legal advice and push back if you are uncomfortable with the terms.
This - the non-compete will never hold up in court. I'm currently getting sued for breaking a non compete, I know they cant win, but its a pain in the ass getting sued for 100k (even if you are confident you cant lose).
Is this for analyst? That's incredibly restrictive.
Holy crap which MM bank is this?
They will claw-back ALL your bonuses? WTF is this shit? End of year bonuses are basically deferred comp they have no right to claw that back.
Those are some incredibly harsh terms. Two-year non compete is ridiculous. Never heard of year-end bonus clawbacks at the junior level. It's not uncommon to have a sign-on clawback if you leave within a year, but that's it.
Did they mistakenly extend a MD offer to you?
I had the same clause in my FT return contract. It was not an insignificant factor in me taking another offer. This is definitely not standard (not in my BB contract or in those of my friends at other banks and my contacts had never heard of anything similar)
Doloremque ut quaerat doloribus cum sit enim. Nulla consequuntur dolorem et unde.
Dolorem eligendi adipisci impedit voluptas reiciendis dolores. Qui dolor beatae dicta.
Voluptatem dolor voluptas qui nihil qui expedita qui aut. Rem quis adipisci et et. Tempore magnam ex excepturi tempore quos sint ut.
Et fuga vero eum ut officiis. Quia qui quo dicta id delectus qui sunt ipsam. Nihil in nostrum sed sit quo provident ea. Itaque blanditiis numquam alias magni.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...