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A few details from the House of Moynihan’s IBD bonus communication day, which was said to leave people feeling “glum.”
1st year associates:
Mid-tier: 60k-65k (base: 125k)
2nd year associates:
Mid-tier: 85k (base: 140k)
3rd year associates:
Mid-tier: 115k (base: 160k)
Tags: Bank of America, bonus watch, bonuses, sad junior mistmakers, you win some you lose some
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Don't remember what I had to do to save you? What I had to fail to disclose to keep you fuckers around?
All things considered, you work at Bank of America now, and for Bank of America, those numbers aren't terrible.
What's an associate?
Since base pay has gone up, washed up (and out) IBers have a much better landing in the company finance world! Back in the day, they would have left IB into corp strategy role with a 95k base…at leats now its 140-160.
We got nothing…..man this sucks
What did you expect……
The fk is an "ML Performance Unit"?
A thundering herd of failed sales trader chicks who got fat & moved into HR for the biscuits.
And, these are performance based bonuses or actual salaries? Seems very generous for a salary. What does a person working with Bank of America have to do for that money?
how about a VP with bonus less than 50k?
this must be fake. I don't believe such high numbers.
if/when it happens, that's severance pay dressed up as a bonus. take it and find a different job asap.
A very senior executive.
- NYTimes editorial fact checker
Still paid too much.
Give it time.
Do investment bankers make more than traders or salesman at banks?
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sad to hear Aleksey Vayner died. RIP.
on't doubt that he suffered as a kid in that high school yard. And I wonder, if he wasn't bullied then, what he had to do to survive then, and the impact that had and who he has come to be because of it. He is a wounded man, and while I find him odious, I am not unmoved by the sadness and pain of his past that his comments today imply.
asdas a kid in that high school yard. And I wonder, if he wasn't bullied then, what he had to do to survive then, and the impact that had and who he has come to be because of it. He is a wounded man, and while I find him odious, I am not unmoved by the sadness and pain of his past that his comments today imply.