Hey everybody - kind of confused about how bonuses/stub bonuses work. If i start on the regular cycle (end of summer) and my firm pays bonuses out in Jan, I should get a stub bonus, correct? Does this mean I won't get another bonus until January of the next year (so a year and a half later than I first started)? Thanks for the clarification.
| +164 | How to stop feeling like shit for not making it in IB? | 60 | 18m | |
| +120 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 3h | |
| +85 | Updated LA Banking Scene (2024) | 61 | 1h | |
| +39 | Ranking banks that went under | 24 | 12s | |
| +38 | Burnt Out M&A ASO | 20 | 16m | |
| +35 | Relevance of A-Levels for U.K. London recruiting | 24 | 4h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 1d | |
| +27 | Series 79 Help / Tips to Pass The First Attempt | 11 | 2d | |
| +27 | Intern Ettiquette | 4 | 1d | |
| +23 | What are hours like at BBs in London? | 47 | 1d |
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.
A stub bonus is a "portion" of the full bonus for people who come in after the calendar year has already begun. It'd obviously then be in January.
Your first full bonus would be the following Jan.
And so I'm assuming if one stays the regular two years as an analyst, they're only going to get a stub in Jan and then only one more bonus the next jan, and then leave half a year later? that sucks
Is there any way to reconcile the lost bonus by leaving to PE? Do analysts on the CY bonus cycle ever leave early - 1.5 year mark?
Eum voluptates eum voluptate rerum. Nobis voluptatem nulla sequi.
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...