About These Year End Bonuses: When Does A First-Year Analyst Get His First Bonus?

LReed's picture
Rank: Almost Human | 6,586

Just signed my official offer letter to end the recruitment process (thank Christ). In my letter it laid out base salary, target bonus % and sign-on bonus and it was specified that the sign-on bonus is paid out with the first pay check. However, It is my understanding that yearly bonuses are generally paid out over the holiday season - does this mean that my first yearly bonus will actually be received 15 or 16 months into my tenure?

I appreciate any answers. I'll be working at a Mid-Sized REPE shop so if anyone has any questions about the recruiting process or otherwise that I can help them out with feel free to ask away.

Comments (6)

Dec 1, 2017

My bonus is structured similarly. Awaiting responses

Dec 1, 2017

You should get a stub bonus.

    • 1
Dec 1, 2017

Most banks pay about a year after you start in July or August. GS and MS pay a stub about six months in, a year end bonus the next dec/jan and then another stub when you leave.

Dec 1, 2017

Are GS & MS the only BBs that pay stub?

Dec 1, 2017