Bonus For Analyst that Started Jul 2023
Just started in July 2023 as an analyst, how much of a bonus is expected, if any for year end 2023 or should I not expect a bonus until after full 12 months
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Based on the most helpful WSO content, as a new analyst who started in July 2023, you might be eligible for a "stub" bonus. A stub bonus is a prorated bonus given to new hires who haven't been at the firm for the full bonus period. However, the exact amount can vary greatly depending on the firm's policies and performance.
For a more accurate estimate, you might want to check with your HR department or a senior colleague. They would have the most accurate information regarding your firm's bonus structure.
Remember, bonuses are discretionary and can be influenced by a variety of factors including the firm's performance, your performance, and market conditions. So, it's always a good idea to focus on doing your best work and let the bonuses follow.
Sources: Your thoughts on William Blair & Company?, 2023 Analyst Bonus Thread (IBD), Analyst Bonuses Summer 2022, 2023 Analyst Bonus Thread (IBD), 2022 Analyst Bonus Thread
I joined late my first year and my bonus was prorated. Might work differently elsewhere though
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