How common is it to get a substantial bonus at the end of your internship?
I was an unpaid intern but I got paid a very small stipend every week and all my expenses paid. The expenses were quite considerable due to a long commute into London.
At the end of my internship I unexpectedly got paid a very large performance bonus.
Is it common for banks to give performance bonuses to interns?
| +153 | How to stop feeling like shit for not making it in IB? | 57 | 7h | |
| +115 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 58 | 5h | |
| +80 | Updated LA Banking Scene (2024) | 57 | 6h | |
| +38 | Ranking banks that went under | 20 | 11h | |
| +34 | Burnt Out M&A ASO | 18 | 9h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 15h | |
| +30 | Relevance of A-Levels for U.K. London recruiting | 21 | 1d | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +26 | Intern Ettiquette | 4 | 19h | |
| +23 | What are hours like at BBs in London? | 47 | 17h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
It's definitely not common for paid internships...perhaps it happens a bit more for unpaid. Typically your bonus for an internship is a full-time job offer (and then a signing bonus if you accept it).
more common for unpaid if you provided significant value
Experience with internships paying an "end-of-term bonus" and no base salary (Originally Posted: 07/29/2014)
.
Cum soluta magni quisquam distinctio. Ratione consequuntur reprehenderit vitae labore rerum voluptas. Nisi reprehenderit voluptas dolores dolorem quo deserunt provident.
Sit accusamus qui blanditiis aut ut qui. Quasi repellat sed assumenda voluptatum et maxime. Ut enim ipsum perspiciatis labore.
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...