2010 Analyst Bonuses - Any word?

I hear they are handing out $25 Dave and Buster's gift cards for top tier this summer!

Honestly, if someone from HR who was in the know were on these forums, they would probably be summarily fired if they were ever ferreted out for visiting here, let alone posting something confidential like that. AFAIK, your MD doesn't even know your final number until about 2-3 hours before you do.

Rumor has it that a few banks pushed the timing back a month, so might have to wait even longer.

get your number mid july, money hits account end july. end of story.

Just firing up the rumor mill

A couple months ago, I would have speculated 60-70 for top bucket 1st years, but now I'm at 50-60.

Work at a middle market shop, we are announcing numbers mid-to-end June and getting paid June 30. Rumor has it that top number is $55,000.

people focus too much on what top tier bonuses are. what's more telling is what 2nd and 3rd tiers are. last year, by my estimation, about only 5%-10% of analysts at BBs got 1st tier ranking. significant majority were 2nd and 3rd tiers.

based on what i'm hearing from my friends at boutiques (which tend to has more clarity or be more predictable), i think this year's 2nd and 3rd tiers will be around $50-$60k (for 1st year analysts)

OK -- we have three buckets, and it's dispersed pretty evenly (33%-33%-33%). My guess is that it'll be $55-$50-$45 (in thousands).

What do people think about for 3rd year bonuses? Particularly in the middle market. I've heard rumors of $100 - $120K at the BBs. But, I doubt MM banks, even solid ones, will be paying that.

MM boutique in southeast paid $67-$70 as top bucket for second years. Pretty disappointing news throughout the firm.

Citi and CS, bonus communication date end july, hitting bank accounts mid august...

As a follow-up, first year top bucket $55.

No word yet from my bb, we're supposed to find out end of july

My BB is communicating bonus numbers on July 15th. Is this going to be the first?

WSO123 - i think so, we were supposed to hear then, but the date got moved back

I think UBS is communicating this week. CS, Citi, JPM, BofA, DB have moved to the end of July. Unsure about MS or Barclays - can someone confirm when these two are communicating numbers?

1st year top bucket of $55k? That seems pretty fucking shitty for top bucket.

I won't specify the city, but historically we've been comped at or above street. Additionally, our hours have been on par with the street, especially this past year given capacity shortages on the junior levels (analyst and associate). Ball park 80-100 hours per week depending.

The rationale for our comp this year was that it was "in-line with the street" which I found curious considering the street hasn't released numbers yet. My recommendation for those at BB's is to re-align your bonus expectations.

bump

My current thinking is that up until April or so, bonuses were looking to be around 65-70k for first years, but with the massive slowdown in dealflow (which has its own merits of course), things are going to be pretty much flat from last year.

Morgan Stanley I think the bonus hits account August 15th.

Barcap I believe finds out their number at the end of the month.

Wells Fargo analyst get their numbers this Friday (July 15th)

UBS found out today - anybody know how things came out?

i also wanna know numbers for ms, ubs and wf

I heard top was 65k for UBS 1st years

65 is good...wasnt 50 originally reported??

I heard 50-65 for first years as well, which falls nicely into the previously expected range. Does anyone know what was range for second years? I can make a broad guess based on the first year range but would like to hear something concrete...

UBS announced today. Heard 55 and 65 from two different sources. Obviously hoping that the latter is true.

should be 65. source told me that 2nd year is 100% base pay, which is 80k. this is not bad for UBS at all

Good sources say tops is 75 for 2nd yr and 100 for 3rd yr at BB

A friend of a friend said JPM released numbers yesterday. Is that true?

bkm125 - you have bad intel and a dumb friend.

http://dealbreaker.com/2010/07/bonus-watch-10-ubs-2/

Top bucket at Wells was $55K for first years. I think second year top was ~70K and I'm not sure about third years

could anyone already working in the industry tell me how wide the typical spread between bottom bucket and top bucket tends to be? would it be like 30k-60k or more like 40k-55k ?

Walter Sobchak: So you have no frame of reference here, Donny. You're like a child who wanders into the middle of a movie and wants to know...

Basically me. I'm about to start last year of college and trying to break into IB and was wondering what bonuses everyone is talking about? I was told (and probably should do a lot more research) that you get a starting bonus, salary, and christmas bonus. Or is this where "Christmas in July" comes from?

Thanks dew2229. One other quick question I have (sorry this is going a bit off topic) but another thing I hear is "You start off as an analyst, after 2-3 years, you go to grad school, then you work as an associate". Does the firm pay for your grad school? And what do you do while in grad school? I mean yes, there's attending classes and such, but do you still work for the firm?

It is off topic but here are the answers: MBA is not paid and no, you don't work for the firm while studying.

Spoke with a friend at UBS (he is a 1st year). Top bucket is 65K.

Wells top bucket (a 5) 1st year is 70k

3+ 2nd year at WF 52K

boutique in west coast: 65k

seems like bb's are not the way to go anymore

i'm technically 1st year since i lateralled over from a non-ibd front office position at a bb

i'm doing about 80 hours a week which is not bad at all. i dont know what wso boutique means but it is not an elite boutique like evercore/lazard/ghl. it is a boutique ppl have heard of though.

b4l is it with 60k base and 10k sign on?

nope, 70k.

I thought last year's full time get 60k across for BBs? if you get 70k,10k , and 65k on top of that, that is a pretty sweet deal

Small MM shop > BB....

cph bravo: Many more made top bucket (4 and 5) than last year. Unlike associates, analysts are paid in the summer and were shafted last year when huge deal flow kicked in 3Q and 4Q 2009, which is true for all banks as seen by the 40k bonuses last year.

This year's bonus reflects a more normal environment for analysts and yes there were quite a few top buckets. Even so, a 4 would get about 60k which isn't too shabby.

what's generally the range between the top and bottom brackets?

at CS its 15k, ubs is 10k. my cousin worked at S&T at baml though and he said everyone gets paid the same. is top bucket not existant for S&T?

what are middle market guys getting

analysts in my group got shit but thats because they are a bunch of whiney pussies

Will analysts at the middle markets & boutiques, please add some numbers if you have received them?

Based on confirmed and rumored reports, it sounds like top bucket has generally been coming in @:

First Year: $55-65k

Second year: $80-90k

Any contrary views? Any thoughts on whether bonuses announced in Aug will be higher / lower / in line with those already announced?

i am an intern but i asked a analyst at ubs and he said he got 40k. is he mid bucket? what is the range from top to mid to low?

Not sure where these numbers are coming from but my understanding is that top at UBS for a first year was $55k and top for a second year was $70k. The ranges I believe are $40k-$55k first year and $55k to $70k second year. Does anyone know a first year at UBS that got over $55k or a second year that got over $70k?