2009 Starting Salary/ Bonuses

all BB's are the same

boutiques might have higher base and slightly higher signing i.e Evercore 75k base + 12k signing

I would ask for blackrock pmg but nobody actually knows, apparently

Optiver 80k + no signing bonus + no set first year bonus

Sorry everyone - pardon my ignorance,

When you say "Citi 70k + 10k bonus," is that a signing bonus, or the year-end bonus? I was under the impression that analysts at BBs can bring in a bonus that is anywhere from 0-75% of their base, i.e. 70k + 20-40-50k.....?

JPM: 70+10

BAML: 70+10

Does anyone know what kind of bonus range we can expect for next year's analysts??

Has anyone heard about any stub/year-end bonuses for 2009 new hires. Of course, this is highly variable, but still, any rough ideas?

What do you mean 2009 new hires? FT Analysts starting in 2010 or the 2009 class who were already paid?

The 2009 class.....

I think IntoFinance means the 2009 hires who have recently found out their stub numbers... I'd be interested to hear about these figures

IntoFinance: you do realize that most Bulge Bracket firms whose analyst started in july of 2009, will NOT pay a bonus until the following summer (July 2010). The 12-month trailing figure.

The most they can give u is a year end "stub" bonus

So if you see anyone put up 45k for example, as a year end bonus for 2009 analyst BB bonuses, they are lying simply because:

a) the stub bonus cannot be that high for 4-5 months of work (most analysts dont get on the desk till august-september)

b) the full year bonus isnt paid till summer

CD~

I think there was a recent thread on this and it was around 15-25k for the Stub for 2009.

barcap stub is about 25k

Blackrock 1st Year Analyst

60K Base 10K Signing **Prorated year-end bonus varies by division-- 24K for BlackRock Solutions

here are some numbers for chicago prop firms

transmarket group: $60K optiver: $80K chicago trading company: $65K DRW: $65K

^^^Do entry level prop guys not get a bonus because they are technically being trained?

not sure how accurate this is but a senior at harvard told me that jump trading is offering a base of $140K for first-year analysts, and two sigma is offering a base of $200K, even up to $250K for the best students.