• 21 Jan 2009 at 4:18 PM

Bonus Watch ’09: JPM, S&T

By

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

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    Comments (52)

    Older Comments
    1. 1
      Posted by guest | January 21, 2009 at 4:20 PM

      Please define 2nd year:
      Is this a full 2nd year, or first full year following stub period?
      I assume the first.

    2. 2
      Posted by guest | January 21, 2009 at 4:23 PM

      Thats not bad money! Employed and getting atleast 12K in bonus is not bad at all.

    3. 3
      Posted by guest | January 21, 2009 at 4:24 PM

      Can we have Spicoli pics or clips to accompany bonus news – “these are derelicts who donated their bodies to science for $25″ “righteous bucks!”

    4. 4
      Posted by guest | January 21, 2009 at 4:26 PM

      It’s Wednesday, Friday’s retarded cousin.

    5. 5
      Posted by guest | January 21, 2009 at 4:34 PM

      These are much lower than reality.

    6. 6
      Posted by guest | January 21, 2009 at 4:36 PM

      Thats not bad money! Employed and getting atleast 12K in bonus is not bad at all.

    7. 7
      Posted by Gordon Gekko | January 21, 2009 at 4:44 PM

      Spicoli: “Those guys are fags!!”

    8. 8
      Posted by guest | January 21, 2009 at 4:45 PM

      this is for fixed income in S&T. other groups got their asses handed to them.

    9. 9
      Posted by guest | January 21, 2009 at 5:13 PM

      How do managers determine who is in the 1st, 2nd, and 3rd bonus tier? Just based on performance reviews?

    10. 10
      Posted by guest | January 21, 2009 at 5:13 PM

      If I’m here, and you’re here, doesn’t that make it our time?

    11. 11
      Posted by guest | January 21, 2009 at 5:27 PM

      @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.

    12. 12
      Posted by guest | January 21, 2009 at 5:29 PM

      When it comes to making out play side 1 of Led Zeppelin 4.
      These look like the Morgan Stanley number from 1996.

    13. 13
      Posted by guest | January 21, 2009 at 5:30 PM

      what about associate stubs?

    14. 14
      Posted by guest | January 21, 2009 at 5:30 PM

      @13 – stubby associates are summarily dismissed.

    15. 15
      Posted by guest | January 21, 2009 at 5:34 PM

      what exactly is a stub?

    16. 16
      Posted by guest | January 21, 2009 at 5:34 PM

      @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).

    17. 17
      Posted by guest | January 21, 2009 at 5:36 PM

      @15 – next time you’re standing at a urinial, look down.

    18. 18
      Posted by guest | January 21, 2009 at 5:36 PM

      analysts get stubs? most (if not all) analysts at bulge brackets are on summer cycles

    19. 19
      Posted by guest | January 21, 2009 at 5:38 PM

      @17, is that how you discovered your stub?

    20. 20
      Posted by guest | January 21, 2009 at 5:41 PM

      @19 – I’m bulge bracket, but thanks for asking.
      –17

    21. 21
      Posted by guest | January 21, 2009 at 5:48 PM

      @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

    22. 22
      Posted by Formerly FEPWJ | January 21, 2009 at 5:53 PM

      Associate pay?

    23. 23
      Posted by guest | January 21, 2009 at 6:03 PM

      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.

    24. 24
      Posted by guest | January 21, 2009 at 6:04 PM

      What are Bob Jungle Death Gerard and Mark Cut Back Davis numbers?
      I HOPE YOU HAD A HELLUVA PISS ARNOLD!

    25. 25
      Posted by guest | January 21, 2009 at 6:24 PM

      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.

    26. 26
      Posted by guest | January 21, 2009 at 6:40 PM

      What are ASSOCIATES’ numbers???

    27. 27
      Posted by guest | January 21, 2009 at 6:41 PM

      @ 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

    28. 28
      Posted by guest | January 21, 2009 at 7:21 PM

      Associate goes from 100k ~ 500k/600k

    29. 29
      Posted by guest | January 21, 2009 at 8:34 PM

      @28, hahahaha

    30. 30
      Posted by guest | January 21, 2009 at 8:58 PM

      @ 29..it’s real, dude…asking flow traders who made 60mm +

    31. 31
      Posted by guest | January 21, 2009 at 8:58 PM

      @ 29..it’s real, dude…asking flow traders who made 60mm + this yr

    32. 32
      Posted by guest | January 22, 2009 at 12:03 AM

      2nd year associate.
      Took it in the ass, and was told to be grateful for it.
      -75%

    33. 33
      Posted by guest | January 22, 2009 at 12:06 AM

      “ThankyousirmayIhaveanother”

    34. 34
      Posted by guest | January 22, 2009 at 12:20 PM

      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.

    35. 35
      Posted by guest | January 22, 2009 at 11:02 PM

      2nd yr associate sales 90K and told to be happy – are u kidding? what did other associates get?

    36. 36
      Posted by guest | January 28, 2009 at 6:58 PM

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