Showing results:
Displaying 151 - 200 of 407
KPMG Advisory 2016 Bonus Debacle
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...
30% Annual Bonus Deferral
Has anyone heard of banks deferring payment of 30% of an analyst's annual bonus until the Fall? My bank does this and I'm trying to see if this is common practice or more BS .
Bonus structure
Dear Monkeys, Greetings from Scandinavia! I will be joining a very small M&A advisory boutique (5 people, all partners) in a few weeks time. Although I have signed the employment agreement we have yet to agree on a bonus scheme/structure (I am their first analyst/associate ever). My thinking was a %...
Ranking Analysts -- Bonuses/Bucket System
Can someone explain a little bit about how the bucket system for bonuses work? How are bonuses usually allocated to 1st/2nd year IBD analysts? And usually, how difficult is it to make it into the top group? Thanks, any response is appreciated!
Bonus in M&A Boutiques: % of fee revenue or # of salaries?
Hello there, I currently work at a Brazilian M&A boutique (middle-market deals) and was wondering about something.. I've heard from friends of mine that work in a similar boutique, that at their firm their bonus are based on % of the project revenue, like as of 5%. So if they actively participate in...
How much does working on Wall Street really pay?
So, I'm a high school senior going to a target undergrad next year, and I've been looking into my career options. I've pretty much narrowed it down to medicine and doing-something-in-finance. As you can tell by the ambiguous wording of my latter choice, I have only a very small idea about careers on...
Bottom to mid bucket bonus
Hi guys, I searched and found a few dated threads, but with bonus season coming up I was wondering what the actual bottom to middle bonuses have been recently when compared to the top bonus? Are we talking a dispersion of $30k or something much more? I see myself in the middle bucket, but there are...
Impact on bonus due to recent bank restructuring
Guys, news of bank cutting staff is all over. For those who managed to have avoided the storms, especially prior to bonus communication, could you share how bonus would be impacted? Suppose you survive because you are a top-tier performer, would you still get paid an ok bonus (from a total comp...
Tier-1 BB signing bonus
Curious to see what would be the typical signing bonus for ASSO 2/3 in IBD and S&T divisions? Tier-1 BB .
What to do with my bonus??
Hey guys! I am brazikian monkey and for the last days I've been thinking about what I am going to do with my bonus. I'm already in my third year working but have changed jobs in the last two, so this will be my first real bonus. For my country, I will earn something about 30 - 40 K and i realized...
Insurance Company Real Estate Investment Group Bonuses
Is anyone familiar with bonus structures for the large insurances companies within their real estate investing divisions? (Met Life, Prudential Real Estate Investors, Allianz, NY Life, AIG, etc.). This would be for entry level investment analyst roles. Anyone know how much one can expect? Or does...
Post-MBA IBD associate compensation
For fellow MBAs out there who are interviewing with IBD or taking an IBD offer, what numbers have you been hearing? Seems like most banks are offering $125K base+$50K signing bonus.
Do second year IB analysts on their way out get screwed on bonus?
As a second year analyst on my way out for PE , I am concerned that I will get screwed on my second year bonus. Me and my fellow second years have already turned down our third year offers, and we are gauging how much to check out. How badly will our second year bonuses be discounted because we are...
How To Respond To Your Bonus
What do you say or what reaction is appropriate when receiving your bonus to voice discontent? I think there are two situations here. 1) You are upset with your bonus and want to communicate immediately that it was well below your expectations, and you are likely quitting 2) The bonus was in line or...
Supermajor Physicals Compensation?
Hey guys, I recently accepted an offer for SA position on the trading floor of a top supermajor O&G firm (Chevron/Shell/BP) in their physical power & gas group. I was wondering what bonuses are like in these groups. I have a buddy who's doing 1st yr analyst in commodities at a BB and their bonuses...
Perella Weinberg Partners (LND) vs Rothschild (LND) vs Citi (London)
Which bank would you choose. What salary and bonus could you expect in London?
Bonuses at Regionals in NYC ( Piper Jaffray, FBR, Stifel Nicolaus)
Hi, Current student here. I was hoping people could let me know more about bonuses at regional banks based in NYC like Piper Jaffray, FBR, Stifel Nicolaus or others. Additionally, I know these banks allow analysts to have more exposure to deals. Although deal flow can be lower and the deals will...
Do You Lump Sum Invest or Try to DCA?
I read through quite a few threads in the archives about investing bonuses, but none mentioned the investment timing. Do you guys tend to invest your bonuses in a lump sum when received, or do you try to dollar cost average? I’d ideally like to DCA, but figuring how much to invest each period is...
Asking for SA Relocation Bonus Early
Hi, I will be moving to NY for a SA position at a BB and have been offered a relocation bonus. My contract states that I will be receiving this bonus with my first paycheck, but I was wondering if it would be possible/is okay to ask for the money before I start (to pay for things like rent upfront,...
Horns, Hats and Whistles.
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...
Multi-Family Developer Associate/Acquisitions Compensation
Hello everyone, Wanted to get some color on market comps . Have ~2 years of capital markets experience at a bank then made a move to a real estate multifamily developer in NYC . Hitting the 1 year mark, trying to get a better sense of market compensation. Leanly staffed milt-family development firm....
Brussels agrees to banker bonus caps
bengigi: All this will do is make the banks increase the base salaries, which means they will be in even more sh*t when things go bad... Really though? From the bank's perspective, a comp scheme emphasizing bonus over base salary has a number of advantages. Most obvious is (i) incentivizing...
2013 Canadian Bank Bonuses
For those who work at a canadian bank in Toronto, what were bonuses like for 2013 this past summer? I'm at a firm that pays in Dec and was just curious what we can expect, specifically interested in 2nd and 3rd year analyst numbers if available?
Just got my non-IB "bonus."
So, I've been working in an accounting function at a real estate firm for three months. My salary is 35K out of college. This has always been a stepping stone job, but after networking/applying to IB gigs for a year, I started to lose drive. Well, I just got my "bonus." Granted, I'm fully aware I've...
Should you even be aiming for BB IBD anymore?
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...
Bonus dilemma!
Guys, I work at a boutique and am a bit worried about how my bonus is being worked out. I have been led to believe that it would be irrespective of the projects I have worked on or the revenues gained from such projects. Are bonuses based on revenues or profits? I believe the M&I site suggests...
potential comp related dilemma for lateral hire into BB IBD
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...
Would You Want A Higher Salary But A Smaller Bonus?
What do you think? Should this be how bankers and buy side guys are paid or is it a complete disincentive? [quote]Almost two-thirds of U.K. financial services firms have boosted salaries to retain employees before the introduction of European Union limits on bonuses, according to a survey. Companies...
2012 IBD Bonus Tracking
Andy note: this was originally posted in July '12 Hey gang, It's that time of the year, just had my performance review. I am probably a week or two ahead of schedule judging by previous years, but might as well kick it off anyway. I'm at a MM , so not sure how helpful my figure is to the group...
Starting Compensation Question for RE positions
I would be much obliged if some of the more experienced guys in the group could weigh in on what is the current state (and method) of compensation for associate level employment in real estate acquisitions, as well as in development for large metro areas - like NYC? Salary and bonus (plus method of...
For those laid off
Tis the season to be laid off, tis the season to be jolly. Given the recent (and upcoming) slaughter in IB , I want to share my story with the simple message that things will and do work out. I was til recently a 3rd analyst at a BB . I was communicated back in June that the firm was not going to...
Impossibly low bonus
Left after 2 yrs at a top 3 BB - $20k bonus. Was stunned on the call - knew I was going to get a low #, but this is a joke. 1st year bonus was $55k. Anyone have a similar experience? Does it make sense to hire a lawyer? My concern is that I've moved on to another IB . Checks clear in August - what...
Leave now or wait till summer?
This question may be obvious to many, but if I quit now, will I receive my bonus this summer? If not, I'm probably better off sticking around a few more months. Thanks
How Much Do ALM Analysts Make?
How much do they make relative to PE analyst? Is it comparable on a per hour rate?
Dropping out of Analyst program after 1.5 yrs, MBA impact
Been searching around the forums, cant find much discussion around this topic. I'm trying to determine if there is a stigma attached to working as an Analyst at a boutique bank for 1 year and 6 months rather than a round two years. I'd be dropping out in June, taking a month or so off, and then...
WSO compensation report in Forbes
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...
Groups that Pay Above Street
Like the title says- what are the groups/ firms that pay above street? If possible it would be good to find which ones pay higher base and/or bonus? So e.g. XXX & Co.- Base- Above (80) Bonus- Street Before people start getting upset, I think its valid information and although pay doesn't really...
2012 Big 5 Canadian Banks’ Bonuses
Let’s get together here and provide insights on what the Canadian banks and Globals in Canada have paid for 2012 bonuses at the junior level (talking about 1st and 2nd year analysts) – there is a lot of chatter about the BBs down in the US but nothing in Canada: so I’ll start – please...
Managing Disposible Income
Quick question for you guys with a couple of years of salary under your belt. What do you do with your excess salary and bonus. I'm looking for ideas as to where to put my money for longer term income generation, getting 2% in a current account just doesn't do it for me. Looking for something closer...
Much smaller future bonus for IB in EU?
Source: http://www.ft.com/cms/s/0/63da5cec-791b-11e2-b4df-00144feabdc0.html#axz… What's everybody thoughts on this? Talks on EU reforms to make banks safer are entering a potentially decisive week with London heavily outgunned after almost a year of backroom diplomacy to blunt a bonus crackdown...
ER Bonuses: 2013
Created this same thread last year and it had a good response so thought it would be helpful to do it again. I get a sense that the street was down across the board this year but all of the focus is on IBD and not ER or S&T so there's very few data points. It's helpful to collect as much comp info...
When do you get your bonus?
You basically start working when half the year is over. Arent bonuses based on yearly performance? When are they paid out to 1st year Analysts?
Bad News Bonus
It has recently been announced that Morgan Stanley will, once again, defer additional compensation this bonus season. "Morgan Stanley is deferring 100 percent of the bonuses for high-earning employees, according to three sources familiar with the situation. The deferral applies to all employees,...
Insane bonuses
I know banking bonuses have been pretty bad this year, but i've heard some numbers for hedge fund guys and was pretty stunned. One guy at a very well-known deep value hedge fund got around $1.5 million and another at a huge macro fund got around $5 million. Both these people are in their late...
Gorman to Bonus Whiners: STFU or GTFO
Bloomberg tracked down Morgan Stanley CEO James Gorman at Davos yesterday, and the conversation inevitably turned to the reduced comp at the bank. Gorman was unapologetic and said the $125,000 cash bonus cap and reduced all-in comp merely reflected the new realities of the market and that those who...
EU Banker Bonuses Capped?
Just read this article about banker bonuses being capped at 2x annual salary in the EU. How do any European bankers on here feel about this?
Bankers Threaten to Walk, Sue Over Bonus
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,...
BB Analyst Bonus in London
How much bonus can I expect to earn in London at a BB as a: - 1st year analyst - 2nd year analyst - 3rd year analyst I searched a little bit, but there was little relevant information. Thanks a lot!
ER layoffs and expectations
Recently heard from someone in the know that all in comp in ER / S&T is expected to be down 10-20% this year at my firm (big MM). This is a tough pill to swallow but I guess to be expected with poor volumes. Moreover, 2 senior associates have recently been laid off for dubious reasons. I'm starting...
NY Times-End Bonuses for Bankers, thoughts?
From Op Ed - End Bonuses for Bankers "Instead, it’s time for a fundamental reform: Any person who works for a company that, regardless of its current financial health, would require a taxpayer-financed bailout if it failed, should not get a bonus, ever. In fact, all pay at systemically important...
or Want to Sign up with your social account?