• 25 Apr 2014 at 11:53 AM

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 to protect delicate sensibilities)
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Comments (14)

  1. Posted by Guest | April 25, 2014 at 11:58 AM

    Just comes to show, it sucks to suck.

  2. Posted by Guest | April 25, 2014 at 12:11 PM

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

  3. Posted by Captain Oblivious | April 25, 2014 at 12:35 PM

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

  4. Posted by Guest | April 25, 2014 at 12:46 PM

    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. Posted by Guest | April 25, 2014 at 5:48 PM

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

  6. Posted by UBS Ornithologist | April 25, 2014 at 8:21 PM

    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. Posted by mail room analyst | April 28, 2014 at 8:25 AM

    actually those numbers are pretty good,

  8. Posted by guestest | April 28, 2014 at 10:13 AM

    the ones down under got a lot more from their bosses

  9. Posted by IBANK4LIFE | April 28, 2014 at 12:35 PM

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

    -Cap One Banker

  10. Posted by macquarie grunt | April 28, 2014 at 1:13 PM

    Ken Savio and Anthony Panaretto took all the bonus pool.

  11. Posted by Uranus@ur.com | April 28, 2014 at 4:11 PM

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

  12. Posted by Donald Sterling | April 30, 2014 at 7:57 PM

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

  13. Posted by A.C. Slater | May 2, 2014 at 2:14 PM

    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. Posted by A.C. Slater | May 28, 2014 at 10:55 AM

    Loads of departures. People are pissed.