LEH:
- avg 50% lower than last year
- bonus high is lower than last year's low
Wachovia:
- negligible; like 10%-15% of base (not sure if i believe this one)
MS:
- high of 60k for first years
- no analyst->associate promotions
HLHZ:
- high of 50k for first years
- no analyst->associate promtions
again, these are just rumours, so I am not sure of the validity of any of this, just what i've heard from primary/secondary (secondary for all but LEH) sources; still waiting to hear mine; anyone with any other info
LEH:
- avg 50% lower than last year
- bonus high is lower than last year's low
Wachovia:
- negligible; like 10%-15% of base (not sure if i believe this one)
MS:
- high of 60k for first years
- no analyst->associate promotions
HLHZ:
- high of 50k for first years
- no analyst->associate promtions
again, these are just rumours, so I am not sure of the validity of any of this, just what i've heard from primary/secondary (secondary for all but LEH) sources; still waiting to hear mine; anyone with any other info
Just rumor and conjecture on my end, but I heard lower for Lehman and higher for HLHZ. Haven't heard anything about promotions or about MS. Though I've got some friends there who might have some data. I'll see what I can dig up.
GS got theirs last week and CS got theirs at the end of June. CS and Citi were on par with Lehman (I'd be very surprised to see any of the BB's, with the exception of GS, deviate much from this).
Based on all the post, it seems like $65k top (first year) is standard for all the BB banks. But the question is the distribution of the lower tiers. Given that a minimal of first year actually get $65, what are the payouts if you are not a top tier and what is the distribution between top, middle and bottom? It would be great if you could share your thoughts, thanks.
You guys are over estimating the BBs as per usual. MM / boutique shops were hurt much less, on average, this year. My firm paid out a pretty big spread - $50 K difference from top to bottom for first years. Bottom was more than $20 K. I know the "experience" and exit ops are "superior" at a BB, but with all the layoffs, and the sh*t first year bonuses there - I'm real glad I am in my current position.
You guys are over estimating the BBs as per usual. MM / boutique shops were hurt much less, on average, this year. My firm paid out a pretty big spread - $50 K difference from top to bottom for first years. Bottom was more than $20 K. I know the "experience" and exit ops are "superior" at a BB, but with all the layoffs, and the sh*t first year bonuses there - I'm real glad I am in my current position.
Real talk.
The people I know at solid MM/Boutique shops are very happy right now.
Eos laudantium et necessitatibus non deserunt quia. Vel laudantium perferendis impedit nam illum saepe.
Maxime ut maiores eius molestias. Quo quis omnis voluptas asperiores consequatur nulla et. Quia iure repellendus non ut eius repudiandae in vel. At id et et error ullam nam. Eveniet sed voluptatibus eius veniam.
Quisquam dolorum quia impedit odio. Laudantium error atque voluptatum. In minima iste incidunt sunt inventore. Non qui facilis ab tenetur magni voluptas commodi.
Autem dolor voluptatem dolores quas et nulla beatae. Dolorem nostrum placeat tenetur harum et. Harum aperiam amet ipsa qui deleniti commodi explicabo. Magnam voluptatum voluptatem eaque laboriosam illum.
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)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
I think most firms already gave out #s/paid out. I hear GS and CS weren't getting theirs until end of july...but its' all speculation on my end.
LEH: - avg 50% lower than last year - bonus high is lower than last year's low
Wachovia: - negligible; like 10%-15% of base (not sure if i believe this one)
MS: - high of 60k for first years - no analyst->associate promotions
HLHZ: - high of 50k for first years - no analyst->associate promtions
again, these are just rumours, so I am not sure of the validity of any of this, just what i've heard from primary/secondary (secondary for all but LEH) sources; still waiting to hear mine; anyone with any other info
Just rumor and conjecture on my end, but I heard lower for Lehman and higher for HLHZ. Haven't heard anything about promotions or about MS. Though I've got some friends there who might have some data. I'll see what I can dig up.
LEH:
Not a rumor. Confirmed.
If Devil's numbers are confirmed those are not too bad for Lehman. I expected worse. Although maybe there are less people in the top bucket this year.
www.sharpeinvesting.com
anyone else?
GS got theirs last week and CS got theirs at the end of June. CS and Citi were on par with Lehman (I'd be very surprised to see any of the BB's, with the exception of GS, deviate much from this).
Has anyone come across a consolidated list with further details?
I'm interested to see MS and UBS.
Where the hell did you get the Wachovia number?
Amazing how Lehman paid out so well.... yet are in so much trouble right now. Those numbers are still ridiculous even if they are down from last year.
"Oh - the ladies ever tell you that you look like a fucking optical illusion?"
Based on all the post, it seems like $65k top (first year) is standard for all the BB banks. But the question is the distribution of the lower tiers. Given that a minimal of first year actually get $65, what are the payouts if you are not a top tier and what is the distribution between top, middle and bottom? It would be great if you could share your thoughts, thanks.
lehman only paid 65k to their highest producing IBD groups... there were only 2
clue.. the hottest 2 industry groups right now
You guys are over estimating the BBs as per usual. MM / boutique shops were hurt much less, on average, this year. My firm paid out a pretty big spread - $50 K difference from top to bottom for first years. Bottom was more than $20 K. I know the "experience" and exit ops are "superior" at a BB, but with all the layoffs, and the sh*t first year bonuses there - I'm real glad I am in my current position.
Real talk.
The people I know at solid MM/Boutique shops are very happy right now.
Eos laudantium et necessitatibus non deserunt quia. Vel laudantium perferendis impedit nam illum saepe.
Maxime ut maiores eius molestias. Quo quis omnis voluptas asperiores consequatur nulla et. Quia iure repellendus non ut eius repudiandae in vel. At id et et error ullam nam. Eveniet sed voluptatibus eius veniam.
Quisquam dolorum quia impedit odio. Laudantium error atque voluptatum. In minima iste incidunt sunt inventore. Non qui facilis ab tenetur magni voluptas commodi.
Autem dolor voluptatem dolores quas et nulla beatae. Dolorem nostrum placeat tenetur harum et. Harum aperiam amet ipsa qui deleniti commodi explicabo. Magnam voluptatum voluptatem eaque laboriosam illum.
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...