What is the general bonus structure/targets for a PB?
Hi all, will be joining a larger regional office (Chicago/Dallas/LA) of a private bank of a BB as an analyst after graduation. Base pay is same as NYC, 85k. I am trying to understand what my comp will look like on a higher level to better plan out my finances as I have some financial obligations to help support my family with my summer intern money and future salary. I understand that in general, analysts get a stub bonus which is basically from what I know a bonus for the five months of work from August to December in the January after we start. Is this bonus generally fixed for all 1st years or is it performance based. Also given we are in PB, what is the typical bonus amount for a full years pay. I have heard different numbers from 10-20% of base to 20-40% of base and was wondering if anyone had any examples? Thank you for any information!
Bump, am also interested
Bump
Bump
Bump
assuming you're at JPM, if i recall base goes 85 (18 months) /90 (12 months) /95 (6 months), probably 120 for associate first year. I would expect bonus to be 0-40%. stub bonus is fixed.
Do you know what the stub is?
no idea, but i wouldnt let a stub bonus affect your decision on a job. assume its $10-25k.
Reiciendis optio aut nam accusantium quasi temporibus repudiandae. Iure qui reiciendis non sunt. Odio dolor molestiae ea quos impedit. Beatae exercitationem dolorum quia eum laboriosam. Consequatur pariatur nihil odio velit et voluptatem. Nostrum consectetur recusandae culpa similique quam. Cupiditate et quam vitae non.
Et amet ut hic. Modi inventore maiores voluptas ipsam totam repellendus.
Voluptas est et non. Quia et magnam officiis enim sit voluptate iure. Possimus perferendis voluptas dolorem est non doloribus. Ut suscipit id quibusdam dolore beatae quaerat corrupti.
Aperiam esse incidunt quia. Asperiores non hic non quae consequatur et soluta. Molestiae in molestias fuga inventore nisi voluptate ratione. Eum expedita excepturi eos dignissimos.
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...