potential comp related dilemma for lateral hire into BB IBDSubscribe
I'll make this short - currently finishing up my firstS&T, and have in a bunch of other BBs, and my own BB internally. Got a call from HR from one of the other BBs, and they said before they give me an offer letter, the need me to fill out a past compensation questionnaire before they give me my official contract.
Here is the issue - my desk got absolutely decimated in 2012 PnL wise (negative PnL, in the several millions of dollars), and several senior people got let go. Our bonus pool was minuscule, and several people got zeros at the senior and mid-level. A lot of people, including analysts and associates, resigned and went elsewhere. Analysts were a little luckier because HR has certain benchmark for bonuses, but even then, it was well below street, and nowhere close to what a 1st year in BB IBD would get, let alone BB S&T....now if i disclose my true bonus to the other BBs HR, would my future comp be bench marked to this?
I don't want my future IBD bonus to be bench marked to what i got on adesk...i want to be paid standard, street level IBD bonus (the new IBD position is at a top BB btw, /ms/ ), and am just afraid that after filling out the comp questionnaire, my future IBD comp is going to be benchmarked to what i got in S&T