PE Asc comp
If I join a fund in august as an associate from MBB, when does my bonus get paid out? In addition, is there typically a salary/bonus increase between Asc 1 and Asc 2? Thank you!
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Different shop pay bonuses at different times. Some pay in the summer, others in december, some at the end of Q1. As far as pay bumps go, there usually is a bump however it depends on the firm, some firms typically keep you at the same base and increase the bonus, sometimes both are increased. It all varies.
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