bonus

This time of year is kicking off... Let's use the below format to comp peoples bonuses. May the odds forever be in your favor! Bank: [BB/MM/Boutique] Group: [Coverage / M&A / M&A] Ranking: [Low/Mid/Top] Bonus:[$$$] Base Salary: [$$$]

08 Jun 2022

After a record breaking year, bonus season is upon us. Wanted to get a thread going to share what banks are paying so we can see which banks are low balling the juniors. If you guys got your numbers, please disclose in the following fashion: - Bank (Specific Bank Disclosure Encouraged) - Group...

12 Jan 2022

Alright UK / EU team, it's that time of the year again. Setting up this thread to get numbers and expectations across the street Word on the street is that numbers will be high - https://www.efinancialcareers.co.uk/news/2022/01/… Rumor has it that even HSBC will be paying 100% - quite an increase...

07 Jan 2022

None of this 401k shit. What material items or experiences are you going to blow your bonus on?

16 Jan 2022

Comment any new/missing/incorrect info. Seems like firms are responding to information on the internet/social media, and it's also helpful for those seeking opportunities. Not tracking one time gifts/bonuses, only permanent, trustworthy increases in pay going forward. My list so far: Guggenheim A1:...

07 May 2021

Quick background: I worked in construction with my dad for 3 years after graduating with a government degree. Hated it so I took RE modeling classes all of 2020, spent most of 2021 looking for a job in CRE. I was hired 1 year ago at a small firm (7 people) in Dallas that does developments and...

26 Jul 2022

It has been great to see comp rise across various levels over the last year - hopefully bringing in new talent and retaining those passionate about the industry for longer. For those of us that have been at this for a while, we can all appreciate how different this year is from an M&A activity...

23 Sep 2021

Hey WSO, I hope y'all are doing well! I was wondering what careers within the finance industry have the highest compensation ceiling. We know that investment banking, as an example, (especially at bulge brackets and elite boutiques) has a salary high floor, with some 1st year analysts making upwards...

08 Feb 2022

I thought it would be a good idea to start a thread on 2020 public finance bonuses. If you could specify BB or MM I think that's a pretty important factor for PF. Title/Base/Bonus would be awesome to hear for anyone who has gotten their number so far.

12 Jan 2021

Disclaimer This post isn't meant to be a salty venting, but more of a sharing some of my self-realizations from the past year on things that I wish I had fully understood 12 months ago. "Congrats on closing your deal!" "You were a rockstar on this one – we couldn't have done it without you!" "You...

31 Dec 2017

Apologies for the misleading title, this is more of a personal finance question. I'm a 2Y MBA student at a good school, blah blah. I'm financing bschool & associated living/drinking/traveling expenses through student loans. This is the only debt I have. Most is with private lenders, although some is...

16 Sep 2020

Let's talk about the 2015 - 2016 year bonus. Please list the firm, level, salary, bonus using the following format: JPM, S&T, A0, 150k base, 175k bonus (75% cash, 25% stock) investment banking pay 2016 Feb 1st update: Here is a compilation of the salary & bonus #'s thus far (pulled from comments)....

06 Sep 2018

Your feedback will be critical in determining some key points our build out of a HF. I'll be showing this to the largest owner of the GP. TLDR: 1. What is the lead PM (design, trade, manage, research, and market) portion of a 20% performance fee for a high return/high vol but with a very attractive...

06 May 2020

By now, those who would get a bonus have received the bonus Starting a thread to discuss taxes - NYC specific Living in NYC, got a nice bonus, $x00,000.00 (Super excited)!! BUT I just got paid yesterday and the amount I got blew my mind!!!! I got 38%! I was like .... what the heck! more details:...

19 Feb 2022

I'm currently an analyst at a MM and am a couple months away from my YE bonus. I have already signed an offer to join a BB/EB in the same coverage group (don't really compete against each other but MDs seem to know each other - guessing they have pretty large networks so not sure how much this...

11 May 2022

Hey, I'm a senior in college and I signed a full time investment banking offer with a non-us bank in NYC. Base is on par with what most other banks are now paying an1 but no signing or relocation bonus was offered. I tried negotiating but was unsuccessful and was told that was simply what was...

20 Apr 2022

I am an incoming JP Morgan Trading SA in the Markets division (JPM's S&T). I'm new to the industry and wanted to know how the desk placement process works, what desks to try and be placed on (most lucrative, fun, etc.), and what I could expect for total takehome pay (base is currently $100,000). If...

11 Nov 2021

Didn't see an existing thread, so wanted to get one up to chat about bonuses in this hellscape of a year. Depending on the sector, some firms are still really hurting, while some have escaped relatively unscathed. I would typically have received a bonus+raise by this time of year, but have heard...

21 Dec 2020

Hello everyone, A bit of context: * I am Part of a new HF with small sized but very experienced people. in Hong Kong * We are currently not active in private equity, but we are open to opportunities. Thus no clear framework * We had a terrible year in 2018, no bonus. Some senior partners left. But...

20 Dec 2019

Hi, I work at an equity LS hedge fund with about 200mil AUM (20% PM's money+80% client money) as an analyst. I worked at bulge bracket IB for 2 years after graduation until last winter and joined current firm in April. Our return was OK (+13% from fund's inception in April) and I currently earn 120k...

13 Jan 2020

I am a 3rd year analyst at a London based HF, we do global l/s equity. AUM is a couple hundred million GBP, say 400m. ~2 years ago (beginning of 2019) I negotiated a direct linkage of my bonus to fund's P&L at 2.5% of the fund's performance fee. So in a good year, with a return of ~15%, my bonus...

03 Dec 2020

Let's get a nice chain of 2020 comp data from folks in the credit and equity research space. I'll start: Title: Credit Research Associate (1st year) Rank: Bottom, first post-MBA job Firm Type/Size: Buy-side, $200B AUM Base/Bonus: $110/45 City Description: low COL city in U.S. Looking forward to...

18 Feb 2020

Does anyone have numbers on current base / bonus rates for HF analysts out of IB programs (1-2 years out of college)? Since HF pay is less uniform than banking / PE gigs, it'd be useful to collect some data points. Given the variability in HF pay, it would be great if you could include AUM / fund...

11 Oct 2018

Can we get some Evercore bonus numbers in here for Associates and above? Heard today was the day Group (Advisory, Restructuring, ECM, etc.) (if you feel comfortable putting industry group i.e. Advisory - Healthcare please do!) Position (Associate 2, VP 1, etc.) Rating (Top, Mid, Bottom) Bonus Amount...

08 Feb 2022

All, anyone know what the bonus numbers were like at those firms? I think they killed it this year right? Was wondering whether the numbers went up vs 2020 (e.g. Evercore laid of a ton of people in Jan-2020). Thanks!

11 Mar 2021

Sup Now that the threads on bonuses have started and are being populated with 90% useless info and no numbers, thought I'd see what people are doing with theirs this year. Saving? Probably smart. That's the route I'm taking this year. Spending? Less smart but probably more fun. What are you buying?...

29 Dec 2020

Hey everyone, long-time lurker/poster but recently made a new account. My dilemma is as follows: got an offer to be an analyst for an infrastructure investment firm, the day I went to sign the contract they said they'd need me to help the advisory team too (they do advisory, direct investments, and...

10 Jul 2018

With direct lending becoming an increasingly popular field, I was curious if anyone had any insight into what typical comp looked like on the junior level. My understanding is that it's slightly lower than PE and carries a lower base but higher bonus (at least as a proportion of total comp) to...

18 Feb 2019

It is no secret management consulting--especially in the financial services--has had a bad year. KPMG, however, set aggressive goals (~16% top line AND bottom line growth. Just let that sink in for a company that size/age and its competitors/market) and missed--obviously. The firm had a respectable...

12 Oct 2016

I want to get ideas from the WSO community on what type of bonuses and or perks people would want to help them stay in IB. I know Apollo gave a massive $200K bonus (with clawback), CS gave $20k and Jeffries gave out Pelotons. A couple of ideas: Cash bonus (10k-20k?) Gift card for a 2-3k to buy...

01 Apr 2021

Let's share bonus numbers you've heard on the street. Please list bank, level, and bonus figure (in USD). wall street sales and trading bonuses 2017 Mod Note: You can find the Ib and ER bonuses forms below. IB Bonuses ER Bonuses The following are some highlighted examples of compensation from the...

02 Feb 2017

This job at JPMorgan is in the CIB and shows "Investment Banking" category. However, it seems like it's a MO role, especially since it's not in New York. Any insight would be appreciate. What could salary and bonus look like for this group? TIA! CIB – Structured Products Group Database - Analyst...

25 Feb 2020

Seeing how there's so much talk recently about bonuses / comp, I'm wondering how everyone typically spends their bonus? How much do you save / invest, and how much do you actually spend right away? If you're an associate or above, did your spending / saving / investing patterns change over time?

15 Jan 2022

curious what everyone thinks will happen with bonuses this year? Business has been slow since the new year, yet I seem to still get a lot of emails seeking lateral movers which makes me think the market is still strong and a big part of the bonus pricing is as much about supply & demand as it is...

17 Jun 2022

Hi everyone, I have been lurking on this forum for quite some time now. Throughout most of my time as an undergraduate, I have aimed for roles in investment banking, but it appears that an REPE analyst role has fallen into my lap and I have been trying to gauge what compensation is for the past few...

23 Feb 2019

Hi all, Anyone have intel on base pay / bonuses for first-year analysts @ Landmark Partners? It's a secondaries PE firm based in CT, I know they're one of the biggest players in the space but haven't seen any figures on comp on here yet. Just trying to get an idea of how it stacks up against BBs,...

28 Sep 2020

Hi all, I am an analyst in a BB IB who has just accepted a Buy-side role and want to hear your opinions regarding logistics. My specific doubts are: (1) Is it ok to announce my resignation after the bonus number is announced but before it hits my account? Given that it is a BB, I am thinking that...

27 Jul 2018

I'll be working FT as an analyst at a top MM IB this summer, and was promised a $10k signing bonus. Thing is, it's April already and no word on when the bonus is going to be dispersed....I interned at a BB last year and by March this time already had my bonus in my bank account. Does anyone have any...

02 Apr 2018

I'm looking for responses from people who have gone through this before. Let's say I'm looking to lateral from my current company (company A) to a different company (company B) doing the exact same job as I am currently. For example, at my company, you receive your bonus 4 months after the end of...

01 Oct 2016

My understanding is you are taxed where you work from. Therefore, are we going to get to keep our signing bonuses taxed at local rate instead of NYC?

08 Jun 2020

I know it's a while away from July/August, but do second-year analysts / current associates have any suggestions on how to impress in the weeks/months leading up to the decision? I guess what I'm wondering is whether the decision is based holistically on year-round performance or if the most recent...

09 Jan 2022

A long time ago I remember the senior VP talking about some mining guy who had made a fortune and was broke. In case you were wondering, this is a common occurrence in the annals of resource speculation. He continued by saying he asked the guy what had happened, to which the mining speculator...

03 Jun 2013

Hello, looking for some advice on how to react to bonuses. The way it works at my firm is that you get to put in a self review and then later on you get a meeting with your manager and they pretty much break it to you what your rating is and what your bonus is as well as some feedback they've...

15 Apr 2021

All- Discussing some new roles which would would allow me to structure my own package. Within the hedge fund world, at the PM level, is there a typical formula (or at least framework) for annual bonus based on performance? % of total P&L? % of profit above a hurdle rate or benchmark? Any thoughts...

22 Aug 2019

I feel like it is bottom of the field, dont have clear comps, but curious what you'd say (also no promotion after 3 years an an associate). Thanks!!!

14 Jan 2020

I'll make this short - currently finishing up my first year in BB S&T, and have interviewed for IBD 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...

29 Aug 2013

A couple of stories have hit the tapes recently which both make fairly depressing reading for those looking to jump into a new 2/3 year analyst programme at a bulge bracket bank. 1 - Bonuses are down. Way down. I can only give UK figures here but the average 1st year salary is now around £65,000...

14 Nov 2012

I'm considering accepting a higher level back office operations role at a small hedge fund (~2B AUM) and am curious how firms generally structure their bonuses for roles that don't directly impact fund performance. Is the bonus tied to your performance through some kind of rubric or tied to fund...

27 Jun 2021

http://www.forbes.com/sites/kenrapoza/2013/03/13/how-much-do-wall-stree… Any #'s you've found interesting? If you haven't seen the report yet, all you have to do is submit 3 entries into the company database (http://www.wallstreetoasis.com/wso-company-database), even if you've only had three phone...

13 Mar 2013

Ahhhh....bonus season. What used to be the best time of year has become a stressful nightmare since 2008. Bonus pools have been steadily shrinking, and black swan events like the rogue trader at UBS even have some banks rolling a donut. What's a banker to do? If you're a senior guy at Jeffries,...

09 Jan 2012