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Comments (23)

Jun 15, 2021 - 12:55am

Could push and ask a softball like "is that standard or is based off location / other factors". Then unless they say standard you can say "ok I was just inquiring because I've got the moved priced out and it was coming in closer to ~5k and then shut up and see what they say.

Two points to consider 1) its probably not worth creating a shit storm over 2k 2) 5k seems like a lot to move within New York?

  • Investment Manager in HF - Other
Jun 15, 2021 - 9:59am

The number is a bit low, and I would address it as the other poster said. I wouldn't bring up deposit or new appliances. 1) new appliances are almost never needed in nyc - where are you moving to? Seems odd 2) a deposit is just a hold, not an expense of moving, you get that money back. 

But again, $3k is a bit low as a "signing" bonus, most relocation packages are bigger (and can be significantly more robust as you get more senior). 

  • Intern in IB - Gen
Jun 15, 2021 - 10:36am

Lol what, I thought this stuff only happens at really unstructured smaller boutique places. How's this even possible for all the analysts not to get the same 10k lmfao 

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  • Incoming Analyst in IB - Ind
Jun 15, 2021 - 1:06pm

I'm an incoming analyst at a BB in NYC and I didn't even get a sign-on bonus lol. Just a relocation bonus of $5K (pre-tax), which I haven't received yet despite starting work in less than a week

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