2020 Bonus Szn
Well kings and queens, how well did we make out with our bonuses this year (less not being fired)? Title and Bonus % of Base would be appreciated.
Mod Note: See a related post: "Bonus Spending Szn"
Trending Content
| +185 | Is my life over after not getting GS? | 36 | 1d | |
| +97 | How to stop feeling like shit for not making it in IB? | 39 | 14h | |
| +53 | Updated LA Banking Scene (2024) | 38 | 1d | |
| +45 | Why Is It Called Investment Banking? | 17 | 1d | |
| +37 | best groups for energy transition? | 32 | 17h | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 21h | |
| +30 | Very ridiculous interview feedback | 15 | 1d | |
| +30 | Got RBC offer but I have cold feet accepting. | 39 | 1h | |
| +27 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 19 | 7m | |
| +27 | Military Officer vs. IB analyst | 10 | 30m |
Career Resources
AS1. $150 / $175k.
That a way to get paid!
EB I presume?
MM
85$ / 100
I think it might be more helpful to add what type of bank you're at as well (BB, EB, MM, etc.).
AN2: $90 / $150
wut
Guessing means all in
cvp?
Has to be
Couldn't be bc centerview pays first year analysts 95k base and he said he got 90k base as a second year. By that logic it can't be evercore, pjt or really any of the other EBs that start their first year analysts at 90k+ base. Not really sure who it could be?
This is pretty normal. 2nd-year analysts in a UBS group I know get paid $92K base and $58K bonus to get to $150K all-in.
Yeah lmao but this man got a 150k bonus to put him at 240k all in -- see his comment below. Something Something UBS joke.
Is this top/middle/bottom bucket?
deleted
How much of this do you keep post-tax?
That's a fantastic question and something that is very often ignored here. I work at a BB but in BO and my bonus is great but still small compared to some numbers here. However, my base is higher and salary is always taxed less than bonus. In addition, I am outside of the tri-state area so my tax situation is pretty favorable. I see about 70% of my bonus (rough numbers), I'm guessing that for most of these tri-state folks, they see about 60-65% of their bonus??? Maybe less?
EDIT: I should add that I usually just auto-dump my bonus into my 401k every year and that helps the overall tax picture, even if it's just a little bit.
What does AN mean? 2 is the number of years right?
AN = Analyst (usually out of undergrad)
ASO = Associate (MBA or direct promote from Analyst)
Right on the number = number of years in that position
Where?
150K total including bonus right? Or am I missing something here?
$240 all in* was a great year for the firm and known for paying well above street
If you don't mind me asking, what kind of firm is it? BB / EB / MM / Mini Boutique? Or are you just in a product group like Rx that had a great year? 240 all in as a second year analyst is crazy -- congrats!
Thanks! Yes - this is CVP. To answer the above thread, CVP pays a lower base (esp. at higher levels) relative to other EBs but bonuses are multiples above base and it all works out to significantly more all-in total compensation than any other bank (and PE firms for that matter)
If you share the firm name I'll make 20 burner accounts and SB you
Haha, see above this is CVP. SB Away!
If you don't mind sharing, does AN2 mean end of year 1.5 or end of year 2.5?
1.5 years in
If ubs doesn't pay street bonuses this year I'm going to walk away immediately. Been getting slammed with deal flow all year.
My friend there said it’s been pretty dead just a ton of pitching. What’s a typical bonus for 2nd years there? WSO says 70k which seems like the top end of BBs
What are you expecting as your Street value?
Serious question, but does anyone have any idea for 2nd year IB at DB? My team had had solid deals throughout 2020, and I know everyone rips on DB for paying less, but I am trying to get an idea of what to expect.
Whatever you would consider low, minus about 15%. Mid-bucket Associate 2's got like $50k last year.
That’s awful
if BB street bonuses are about 40-65 bonus for 1st years, how much of an increase do 2nd year analysts typically expect to see on that?
BB bonuses for first years are more like 45-80
second year analyst at a mid tier bb and our bonuses were 35-65 last year
....
who pays a base of 75k to a 3rd year....?
....
Congrats on the promotion!
Nice one. Are you at DB ?
....
Can someone from DB please share some info from your comp? Curious about the firm
delete
Any info from Barclays coverage groups?
No idea but id expect them to be pretty good. Barcap had a strong year.
Associates are next week, analysts aren't until June.
Any idea on GS Levfin?
to much to count
Have stubs been communicated?
What about stubs? Was told around 25-30 by second years with no ranking but not sure if this is in line with street
25 is the standard for stub for BB's i believe
Thank you, I heard it might be more for us since a few of the first years already left... let’s hope!
Confirm $25k stub, Small boutique.
Serious question - As an analyst, do BBs typically disclose to you expected bonus amount on your offer letter? Or is this something you come to learn when you have your bonus/eoy performance review meeting?
the latter
It can be both. They can give you a range but no promises to be within that range or they will mention it as part of your sign-on bonus, as in, the sign-on bonus may or may not reflect the range of your performance bonus. It just depends on the BB and how they handle it.
Any idea on which BBs do this?
I think some HFs will give you a minimum bonus number for year 1 but BBs won’t. It’s generally standard tho since you don’t have revenue next to your name, just rank and how people view you
That makes a lot of sense - thanks
Associate, 150% of base.
I rated top bucket and got promoted.
Industry specialist.
.
Dude, chill..
Anyone know how bonuses work for regional offices on the west coast?
Yeah, I heard it’s way different. They draw names and numbers out of a hat.
It’s not different, most groups will group you with the NY office (ex. GS TMT SF grouped with GS TMT NY)
1st Year Analyst: $90k base / $80k bonus
EB? or BB?
Def sounds like an EB
MM Canadian bank in NYC
Anyone know bonuses for Perella Weinberg? Are they tiered ?
Zero?
Zero? Damn that sucks
Any real numbers here?
sheesh bag szn, good work boys
AN2 (BB): $90k base / $75k bonus
top bucket?
My group doesn’t disclose rankings, but my MD implied that I was in the top 25% of my class.
im assuming this is top bucket
Any info on JPM/MS/GS coverage groups for 1st yr analyst?
Wow this has been one of the longest threads with the least amount of useful information since the last ranking thread. Good job everyone
A lot of bonuses haven’t been announced yet so it’s just people looking for info lmao
+1 SB
Give it another 2-3 weeks or so and this thread will really get rolling. I'm at a BB and numbers don't come out until about 1/15, so many of us are still waiting.
Hence why I'm jealous of PJT - still have legacy Bx practice of giving numbers and paying out in December for associates and up.
The worst is all the idiots trying to figure out what firm it is when someone posts their comp.
Well-known NYC bank 1st yr associate Base: 150k Bonus: 150k
Well done. BB/EB/MM?
JEF - whatever bucket that fits into nowadays
All cash? Is any portion of it deferred?
Jefferies pays all-cash bonuses.
AN2: 90 Base / 70 Bonus. Less than our buddy above at CVP but I am definitely happy.
A1 @ BB in Australia: A$125k base / A$21k bonus*
*Bonus was a stub for Feb to June and is unranked (all A1 get the same). Bonus is paid in July for A1-3. A2 bonuses (full year to June) were A$80-100k.
Would appreciate any thoughts on how this compares both internationally and domestically.
So your all-in comp for AN1 including the stub will be 200k+ AUD?
Which bank if you don’t mind me asking?
Won’t disclose that mate
No - $125k base + $21k bonus for A1
As0 - 65k Stub.
From conversations, As1 was ~200 cash + 20-30 in stock.
Wow..high ASO1. EB?
Evercore?
Has to be EB if that’s just the average
Matches what I’ve heard on PJT fwiw
Has to be EB with that stub
BBs are ~40k stub for As0 correct?
AN2: 95k base + 115k bonus = $220k
Man, I guess investment banking really doesn't require much math skills...
Haha you are correct. Guess it was $210k
lololol
I guess Investment Banking doesn't require many grammar skills either...
Incredible - EB? Or MM?
reading some of these bonus #'s....
Username checks out
Yea, gtfo a few banks are hiring Rn
Unless this is a stub and/or you're in the least expensive city in the U.S., yes. You should at least be at ~$120k.
Natus soluta iure voluptatem molestias distinctio quidem est. Est nulla quia itaque voluptatem quas recusandae. Debitis repellendus error odio ex ab. Sunt voluptates distinctio molestiae doloribus quae. Consequatur possimus voluptas ab est.
Ut consequatur natus sequi aliquid corporis suscipit inventore veritatis. Perspiciatis fugiat sapiente quos dolore iste expedita consequatur. Rerum sint fugiat rerum ut voluptate.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Ducimus vero laudantium quidem ullam laudantium omnis ut. Aut molestiae aperiam culpa similique et aperiam non. Voluptatem quidem vel sunt labore dolorem dolor dolore. Illo commodi quasi voluptate natus voluptas tempore laudantium. Et nemo excepturi officia vero inventore. Rerum commodi harum modi quia consequatur.
Nam quod dolor doloremque dolorem blanditiis consequatur autem. Repellendus eum asperiores occaecati non. Doloribus nulla magnam tempore recusandae earum laboriosam exercitationem.
Quia nemo ipsam rem doloribus. Sunt in dignissimos non et. Iusto provident earum totam. Possimus repellendus hic voluptas vero perspiciatis.
Nihil nulla aut nulla nihil. Laboriosam et fuga hic qui eos voluptas et. Ratione recusandae sit reprehenderit harum aperiam. Quo praesentium provident minima repudiandae quis voluptatem eos.
Ut explicabo quaerat animi et. Ullam nihil sed quos corporis minima.
Dolorem ad assumenda fugiat quidem et exercitationem omnis. Incidunt neque quis et debitis. Pariatur eveniet molestias tempore. Qui qui sint voluptas ipsam ut incidunt.
Et blanditiis sed iusto magni quisquam qui. Velit inventore ullam veritatis adipisci enim optio. Omnis error eius deserunt.
Iusto nihil assumenda qui non sit est. Ut ea molestias est dolore. Et qui quaerat et repellat. Accusamus nobis libero libero nisi.
Molestiae ut officiis sed qui eum. Voluptas minima repudiandae explicabo laboriosam incidunt dicta totam quia.
Rerum non deleniti aliquam quis vero. Perspiciatis voluptates nulla architecto neque est et. Fugiat officia inventore et aut sed.
Aut quia et adipisci debitis error voluptatem sequi. Velit rerum laudantium earum officia. Dolorem velit deserunt reprehenderit ipsum facilis. Aliquam ipsum et sed doloribus ut quia. Ipsum in sed ratione.
Illo aspernatur qui minus laboriosam earum voluptatum ea. Sint aperiam ut accusamus sunt eum repellendus qui. Quia deleniti sunt nemo cum et. Aliquid facilis quae earum natus earum. Doloribus nemo delectus non impedit veritatis eaque et.
Consectetur sit consectetur quo aut ut minus. Iusto natus nemo deleniti magni ea nemo. Qui voluptates officia voluptates ut ipsa recusandae aliquam. Rerum qui excepturi molestiae earum autem eos sed.
Voluptas dolor molestias velit. Ut ipsum esse est adipisci sint ut. Aut doloribus et et impedit et enim in vel. Sequi rerum non velit et.
Expedita reiciendis esse maiores voluptas sit reprehenderit praesentium molestiae. Laboriosam facilis sit quia qui aperiam rerum modi. Consequatur maxime velit quo asperiores. Atque saepe deserunt non quia et nihil nihil. Ad eos dolorem provident vel reprehenderit ipsa ratione.
In sit voluptas fugit velit veniam ipsum ut velit. Voluptas deserunt vel impedit velit. Est tenetur error velit velit tempore reprehenderit repellendus. Libero fuga ut quidem aut asperiores quidem fugiat. Vitae distinctio ut nulla voluptatem voluptas officia nobis ex. Ab atque repudiandae eum.
A sint ipsam voluptatem non deleniti. Voluptatem quia quasi enim ipsa cum. Dignissimos qui laudantium sunt. Consequatur et officiis commodi ad perspiciatis ad provident.
Temporibus vel et et debitis. Quo veniam est hic aspernatur eos. Non odit vitae vero aliquam minus facilis.
Molestiae quidem vel repellendus dolorum sint labore modi. Expedita et ut non fugit vitae. Cupiditate minus sit molestias in optio quibusdam perspiciatis quaerat. Numquam fugiat aut vitae id reprehenderit voluptatem. Libero aperiam provident vel aliquid accusantium. Vero non harum perspiciatis facilis ut.
Laudantium eum non ex ut. Itaque est quas eveniet enim tempora et impedit. Consequatur accusantium aut unde veritatis. Dolor saepe tempora magni rerum quis voluptatem expedita.
Et ab nam eos nostrum perspiciatis itaque. Ad asperiores qui animi aut voluptas recusandae.
Placeat consequuntur commodi qui. Ad quis quod eum. Qui quis qui eaque est ex similique quia. Dolor atque similique repellendus voluptas nobis vel non est. Dolorem id aperiam dolorem praesentium sequi.
Veritatis dolorum aspernatur sed blanditiis voluptas. Ut veniam provident ipsum maxime asperiores dicta explicabo et. Minima cupiditate quisquam corporis in eum molestiae quos autem.