Stub: 7.5k
2nd year analyst (which at JPM means started training July '07): 60 (top), 40 (middle), 12 (bottom).
Earlier: Comp Watch '09: JPM
Stub: 7.5k
2nd year analyst (which at JPM means started training July '07): 60 (top), 40 (middle), 12 (bottom).
Earlier: Comp Watch '09: JPM
Posted by guest , Jan 21, 2009 4:20PM
Please define 2nd year:
Is this a full 2nd year, or first full year following stub period?
I assume the first.
Posted by guest , Jan 21, 2009 4:23PM
Thats not bad money! Employed and getting atleast 12K in bonus is not bad at all.
Posted by guest , Jan 21, 2009 4:24PM
Can we have Spicoli pics or clips to accompany bonus news - "these are derelicts who donated their bodies to science for $25" "righteous bucks!"
Posted by guest , Jan 21, 2009 4:26PM
It's Wednesday, Friday's retarded cousin.
Posted by guest , Jan 21, 2009 4:34PM
These are much lower than reality.
Posted by guest , Jan 21, 2009 4:36PM
Thats not bad money! Employed and getting atleast 12K in bonus is not bad at all.
Posted by Gordon Gekko , Jan 21, 2009 4:44PM
Spicoli: "Those guys are fags!!"
Posted by guest , Jan 21, 2009 4:45PM
this is for fixed income in S&T. other groups got their asses handed to them.
Posted by guest , Jan 21, 2009 5:13PM
How do managers determine who is in the 1st, 2nd, and 3rd bonus tier? Just based on performance reviews?
Posted by guest , Jan 21, 2009 5:13PM
If I'm here, and you're here, doesn't that make it our time?
Posted by guest , Jan 21, 2009 5:27PM
@9 - No, no - it's not that simple. Ouija boards, dice, and dart-throwing monkeys are used frequently, and the ability to suck a golf ball through a garden hose usually receives heavy consideration.
Posted by guest , Jan 21, 2009 5:29PM
When it comes to making out play side 1 of Led Zeppelin 4.
These look like the Morgan Stanley number from 1996.
Posted by guest , Jan 21, 2009 5:30PM
what about associate stubs?
Posted by guest , Jan 21, 2009 5:30PM
@13 - stubby associates are summarily dismissed.
Posted by guest , Jan 21, 2009 5:34PM
what exactly is a stub?
Posted by guest , Jan 21, 2009 5:34PM
@9
Ability to bring quality tail out for VPs and Directors to pull that they could have never on their own is very high on the list (at least it was at LEH).
Posted by guest , Jan 21, 2009 5:36PM
@15 - next time you're standing at a urinial, look down.
Posted by guest , Jan 21, 2009 5:36PM
analysts get stubs? most (if not all) analysts at bulge brackets are on summer cycles
Posted by guest , Jan 21, 2009 5:38PM
@17, is that how you discovered your stub?
Posted by guest , Jan 21, 2009 5:41PM
@19 - I'm bulge bracket, but thanks for asking.
--17
Posted by guest , Jan 21, 2009 5:48PM
@20, c'mon man, it's been established that BB's don't exist anymore (see http://dealbreaker.com/2009/01/layoffs-watch-09-bac-4.php). You might once have been a bulge bracket, but you are now AVERAGE if not sub par.
-buh bye
Posted by Formerly FEPWJ , Jan 21, 2009 5:53PM
Associate pay?
Posted by guest , Jan 21, 2009 6:03PM
These numbers are overstated. The 60 top for 2nd year is possibly for a group with good revenue (and also for top tier as indicated). Combining those two - considering that there are much fewer groups with actually 'good revenue' and top tier is much more selective than before - this is a very exclusive club. Most Analysts & Associates got their rear end handed over to them. I'm not overstating that one bit.
Posted by guest , Jan 21, 2009 6:04PM
What are Bob Jungle Death Gerard and Mark Cut Back Davis numbers?
I HOPE YOU HAD A HELLUVA PISS ARNOLD!
Posted by guest , Jan 21, 2009 6:24PM
I'm confused. why are the 2nd years paid again. Weren't they just paid out in June/July? Or did they get 'deferred' and are essentially getting 1.5 years worth?
First year analyst bonus in Summer 2008 was around there but did not dip as low.
Posted by guest , Jan 21, 2009 6:40PM
What are ASSOCIATES' numbers???
Posted by guest , Jan 21, 2009 6:41PM
@ 25
-JPM S&T doesn't have June 30 year ends
Example:
Training: July - Started work Sep 07
Sep 07 - Dec 07: First yr analyst - Get stub Jan 08
Jan 08 - Dec 08: Second yr analyst - Get full bonus Jan 09
Posted by guest , Jan 21, 2009 7:21PM
Associate goes from 100k ~ 500k/600k
Posted by guest , Jan 21, 2009 8:34PM
@28, hahahaha
Posted by guest , Jan 21, 2009 8:58PM
@ 29..it's real, dude...asking flow traders who made 60mm +
Posted by guest , Jan 21, 2009 8:58PM
@ 29..it's real, dude...asking flow traders who made 60mm + this yr
Posted by guest , Jan 22, 2009 12:03AM
2nd year associate.
Took it in the ass, and was told to be grateful for it.
-75%
Posted by guest , Jan 22, 2009 12:06AM
"ThankyousirmayIhaveanother"
Posted by guest , Jan 22, 2009 12:20PM
JPM 2nd year corp fin associate here, down 50% from last year, which was down 40% from the prior year. Bonus was similar to what i got in 2005 as 2nd year analyst.
Posted by guest , Jan 22, 2009 11:02PM
2nd yr associate sales 90K and told to be happy - are u kidding? what did other associates get?
Posted by guest , Jan 28, 2009 6:58PM
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