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

 
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yaleguy4evr:
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.

 

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?"

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

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.

 
Buck2210:
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.

 

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