When do bonuses get paid out for BBs/EBs?

Hey everyone - i'm an incoming first year analyst and I was just looking to see when firms pay out bonuses. I heard that most pay out in the summer for analysts but Centerview, Barclays, and UBS pay out in January/February. I was also confused on why its a stub bonus if they pay it out in the summer? Analysts start in July and hit the desk in August and if bonuses are paid out in June/July, we've been on the desk for 10/11 months.

 
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I don't know what some of the above comments are referring to. It is the norm across the street for analysts to get paid out on a summer bonus schedule to align with the two-year program and associates + get paid out on a calendar year. There are certainly a few firms that pay out stubs to analysts and have everyone on a calendar year but the vast majority of shops are on a summer schedule.

That said, my firm pays out in August and can confirm two of my friends at BBs and one other at an EB are all on the same timeline. I know some firms pay out a little earlier in mid-July.

 

Did you actually just tell this guy that he doesn't know when his own bonus is paid?

 

My gf wokrs at a bank that does bonuses in Feb / March. When can she expect to get the higher base though? In August? She is still stuck at the same salary......

Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 

HELLO. Can someone respond please? I would like an answer now rather than in a week!

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Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 

Most people I know are on a summer bonus cycle but have heard of other places doing the stub for juniors. To be honest the stub has never made sense to me for analysts since it doesn't match up with when you start. So you could leave right after two years in the summer and not get your second year bonus because that would get paid 6 months later after you've been there 2.5 years? Maybe I just never thought about it right. Always thought it was standard for once you get the associate promote that you would get your A2 bonus in the summer, then stub at YE for your first associate bonus and to get you on year end cycle then first full associate bonus the next year

 

Ok, but do you know the answer to when the pay bump occurs?

Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 

Yes, but when do we get the pay bump like giong from first year to second year (not bonus)

Will update my computer soon and leave Incognito so I will disappear forever. How did I achieve Neanderthal by trolling? Some people are after me so need to close account for safety.
 

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