Bonus Level RWEST?
Have an offer from RWEST and HR is pushing the bonus as “competitive” but won’t quote a level - any ideas as a % of base or a general level?
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Based on the WSO dataset, discussing bonuses in specific companies can be tricky without direct references from the platform. However, in general, bonuses for originator roles in the financial sector can vary widely depending on the company's performance, the specific market conditions, and individual performance. Typically, bonuses can range from 10% to 50% of the base salary, but this can be higher in more lucrative markets or firms.
For a more accurate picture, it would be beneficial to connect with current or former employees on platforms like LinkedIn, or check if there are any discussions on Wall Street Oasis specifically about RWEST. This could provide insights into the bonus culture and expectations at the company. Additionally, considering your experience and the role, negotiating or asking for a bonus range as part of your decision-making process could be a prudent approach.
Sources: Junior Originator Role, 2018 Bonuses (Low-Tier European Bank), Debt Funds - Originator Salary & Bonus, Opportunity to move from NY to Europe in Structuring/Origination, Corporate Banking in 2023 - Worth it?
I wouldn’t join a firm unless they told you the explicit discretionary bonus range, your % pnl payout, or explained in detail how they calculate your bonus. Without this you’re just asked to get screwed over.
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