Quitting after stub bonus

Have other things to do... so been thinking about quitting after the stub hits the account

Pros/cons?

Working at top bb. Still dont know if there will be restrictions to keep bonus, like there is with the signing bonus. Would appreciate insight here too

Would really appreciate serious responses. Thanks all.

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Comments (9)

Jan 4, 2021 - 10:25pm

If you have something else lined up that would be a better fit, put in your two weeks  on the Monday after the check hits your account. Just be prepared to work for the next company for at least 2 years. When I see resumes with more than one stint under 18 months, red flags pop up. Just my $.02

Jan 4, 2021 - 11:11pm

Also a first-year looking to leave a top BB soon. Still haven't figured out what to exit to yet. If you don't mind, what are your plans for after quitting? Jealous you get a stub, I would have to wait till Aug for mine.....

Array
  • Analyst 1 in IB - Cov
Jan 5, 2021 - 11:14am

Either way, if you quit after stub you likely burned the bridge so just don't pay it back. They won't come after you. My friend quit after 3 months and they didn't even ask him to pay back the signing bonus 

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  • Analyst 1 in IB - Cov
Jan 12, 2021 - 6:21am

Mid-tier BB NYC. I couldn't even wait for the stub bonus to hit and quit without having nothing lined up. Entering Banking, I knew it would be exhausting but didn't know I would lose my mental health just within the first couple of months. Honestly, enjoying this small break I am having rn and utilizing it as a good time to talk with family & friends, reach out to my network and think of my next career move. Youngsters in this forum need to understand that quitting IB, or not even breaking in in the first place, is NOT the end of the world. The pay (in junior level) and 'prestige' is certainly not worth losing your mental health -- you appreciate this more when you lose it, believe me...

  • Analyst 1 in IB - Cov
Jan 12, 2021 - 7:03am

OP here. For me, the expectation (when I had accepted my SA return offer back in summer'19 without COVID in sight) was that this would be a 2 year bootcamp and I would at least suffer together with fellow analysts in the bullpen. I had long nights during my SA stint too but it was fun going to NYU student housing with other fellow SAs in the middle of the night and shit talking about our horrid experiences. Before I quit, I only got to have a proper chat with those SA fellows probably less than a handful of times simply because we had literally no time. Obviously WFH exacerbated the whole already non-existent work-life balance in IB. When your confined within four walls without much human interaction, you realize that this job takes a huge toll on your mental health and nothing is more important than that. Another point was in this "bootcamp" I expected to develop that acclaimed banker skillset; however, with WFH that's close to impossible since you can't look over the upperyear analyst or associates shoulder. I'm wondering how non-SA analysts are coping with WFH since they are coming in with a blank slate. Wouldn't be surprised if I get linkedin updates soon from the other analysts in my firm lol

Oct 10, 2021 - 2:03am

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