Sales and Trading Bonuses - 2024

Congratulations on hitting that $250k total compensation (TC) mark in Sales and Trading! It's quite an achievement, especially considering the competitive and challenging nature of the industry. Based on the WSO content, here's a bit of context to give you an idea of how your compensation stacks up:

• In previous years, a high-performing VP in Sales and Trading could expect a TC of around $300k to $400k, depending on the performance of the bank/desk and individual contribution.
• Bonuses can vary significantly, with some banks offering substantial increases if the desk performs well. For example, there was a mention that the bonus pool at Jefferies increased by 25% one year, indicating a good year could lead to a significant bump in compensation.
• It's also noted that loyalty isn't always rewarded in this field, and understanding one's value in the market is crucial to ensure fair compensation.

Given that you're satisfied with your TC, it seems you're in a good spot. However, always keep an eye on the market to ensure you're being compensated in line with your performance and the value you bring to the table. Keep up the great work, and here's to even more success in the future!

Sources: 2021 S&T Bonus, A Bull Trap? | The Daily Peel | 5/11/22, Unpredictability of PE is Killing Me, PE to Tech Advice, Q&A - Senior Associate Ex-Megafund (REPE)