News

Bonus Watch ’14: Macquarie

The Aussies have some very unhappy junior mistakers on their hands.

“Macquarie began announcing bonuses in NYC today (year-end is March 31). A lot of livid junior bankers were told only top bucket associates and analysts got paid – every one else is similar to last year’s levels. First year analysts did manage to get double last year’s class though so they were pleasantly surprised.

First year Analysts: No buckets – $20k (8 months)
Second Year Analysts: wide range with top bucket in the $60k+ range while middle bucket is ~$30k
Third year analysts: $35k middle bucket
First year Associates: No buckets – $25k (8 months)

No stub years here.”

14 comments
(hidden for your protection)
Show all comments

14 Responses to “Bonus Watch ’14: Macquarie”

  1. Guest says:

    Just comes to show, it sucks to suck.

  2. Guest says:

    Where I come from "mistakers" generally don't get bonuses.

  3. Captain Oblivious says:

    Alot of these pikers will be crying in their Foster's tonight

  4. Guest says:

    As expected. Wasn't this explained in "Young Guns" in chapter 14. Juniors are supposed to live off marmite sandwiches for a few years before they get paid.

  5. Guest says:

    Anyone working at Macquarie who stays past six on a weekday or so much as looks at his blackberry on a weekend = sucker.

  6. UBS Ornithologist says:

    I always assumed a Macquarie was some kind of parrot, like Hank Paulson's predatory egret, only more colorful.

    I understand livid=colorful, but do they really want money rather than seeds?

  7. mail room analyst says:

    actually those numbers are pretty good,

  8. guestest says:

    the ones down under got a lot more from their bosses

  9. IBANK4LIFE says:

    Sounds 'bout right, looks like all us BBs are pretty much equal

    -Cap One Banker

  10. macquarie grunt says:

    Ken Savio and Anthony Panaretto took all the bonus pool.

  11. Uranus@ur.com says:

    Keep on working suckas! We will get you next year I PROMISE!

  12. Donald Sterling says:

    I hear Macquarie HR team are smoking hot. But also dumber than dirt. Can someone confirm?

  13. A.C. Slater says:

    Wait, low bonuses at Macquarie? Junior bankers pissed?

    THIS HAPPENS EVERY YEAR, PEOPLE. THIS. IS. NOT. NEWS.

    Let's be honest, the shop is run by complete morons with no ability or plan to profitably grow the business. The pint sized banker they've got in charge has principal losses in the hundreds of millions, yet because he's got an Aussie accent, he's still in charge. Go figure.

  14. A.C. Slater says:

    Loads of departures. People are pissed.