Equity/Credit Research 2020 Bonus Discussion

FedToy's picture
Rank: Monkey | 51

Let's get a nice chain of 2020 comp data from folks in the credit and equity research space. I'll start:

Title: Credit Research Associate (1st year)
Rank: Bottom, first post-MBA job
Firm Type/Size: Buy-side, $200B AUM
Base/Bonus: $110/45
City Description: low COL city in U.S.

Looking forward to seeing how everyone fares for 2020.

2019 thread: https://www.wallstreetoasis.com/forums/equitycredi...

Comments (27)

Feb 19, 2020

Title: Equity Research (3rd year Analyst promoted to 1st year Associate)
Rank: Middle bucket
Firm Type/Size: Sell-Side (MS/JPM)
Base/Bonus: $95/30 --> $125 base
City Description: NYC

  • Prospect in Other
Feb 19, 2020

Isn't analyst more senior than associate in ER?

Feb 19, 2020

I'm following conventional bank ladder, as that's how we are progressed: analyst --> associate --> VP --> ED --> MD. But yes Senior analyst is what an ED/MD are called also.

    • 1
Funniest
Feb 19, 2020

Title: Promoted to Sr associate, 3rd year
Rank: They said top bucket but I don't really believe anything they tell me
Firm Type/Size: Sell-Side MM
Base/Bonus: $95/40> Increased my base to $115
City Description: NYC

    • 2
Feb 20, 2020

MBA Summer Associate (M7), Large Boutique, NYC (Starting May 2020)
Base: $145 (pro-rated but based on FT comp)

Literally only posting this as it seems way out of whack and I want to understand where the deviation may be - or if I am stupid lucky. Worth noting I came from a non-public markets finance role prior.

Feb 20, 2020

1st year associate, Canadian sell-side, NYC (Started Feb 2020)
Base: $120
Bonus: just started

Feb 20, 2020

Title: Senior Equity Research Associate (4th year)
Rank: Top bucket
Firm Type/Size: Sell-Side (Top 10)
Base/Bonus: $110/50
City Description: NYC

Feb 21, 2020

Title: 3rd year ER associate, promoted to VP for 2020
Rank: Assumingly good enough to promote
Firm Type/Size: European BB (sell side)
Base/Bonus: $165/35, bump to 175 with promote
City Description: NYC

Feb 25, 2020

Title: Equity Research Associate (2nd year total, 1st with firm)
Rank: Top bucket
Firm Type/Size: Sell-Side (Boutique)
Base/Bonus: $100/40
City Description: NYC

Feb 25, 2020

Is it just a down year or are ER bonuses just low in general?

Feb 28, 2020

ER bonuses are lower compared to IB bonuses

Feb 25, 2020

What does salary/bonus look like for MD? Head of ER? Also what's the pay for EB (those that do have ER)?

  • Research Analyst in AM - FI
Feb 27, 2020

Title: VP credit research
Rank: Top bucket
Firm: Buyside $150 bn AUM
Base/Bonus: 135/230
City: Mid-tier US city

Feb 27, 2020

Title: Equity Research Associate (2nd year total)
Rank: Bottom bucket
Firm Type/Size: Sell-Side
Base/Bonus: $100/0 :(
City: NYC

  • Prospect in Other
Feb 28, 2020

What? 0 bonus?

Feb 28, 2020

BB VP: $250k/$600k

Edit: don't be mad MS throwers.

    • 5
Mar 3, 2020

What year VP are you? Do you have lead analyst coverage responsibilities of a sector?

Apr 2, 2020

Would love to hear more about your level of responsibility/age, seem high

Feb 28, 2020

Title: Equity Research Associate (1st year in ER)
Rank: Middle
Firm Type/Size: Sell-side (non-BB)
Base/Bonus: $90/15
City: not-NY

Feb 28, 2020

at a middle market...covering therapeutics...100K+25K

in NYC...
2nd year

Feb 29, 2020

Title: Investment Analyst (2-4 years total work experience), Credit

Rank: N/A

Firm Type/Size: Buy-side

Base/Bonus: $115/$160

Mar 3, 2020

4th yr in industry (2 yrs at this bank; still an associate) MM bank. $115k base / $45k bonus; new base is $130k.

Mar 4, 2020

As a side question, what is the highest you have heard for MDs/Sr. Analysts?

I have heard of $3-$4 mln all in for some seniors.

Apr 1, 2020

There was a wsj article last year on SS ER pay. Some guys had $4m guaranteed per "people familiar with the matter"

  • Analyst 1 in IB - Gen
Apr 1, 2020
  • Associate 1 in AM - FI
Apr 1, 2020
Comment
Apr 1, 2020