Bonus Watch '16: Goldman Sachs Analysts Are Not Pleased
Apparently bonus numbers anywhere in the ballpark of Citi's are enough to make a junior banker wonder about options elsewhere.
From the front lines:
First year GS ibd analyst bonus was 35,000 (prorated to ~17.1) for 120,000 total comp (including 85,000 base). Everyone very unhappy, particularly given Citi numbers and the huge focus on analyst retention to associate at the firm (many now contemplating pe who hadn't been previously).
Related: Bonus Watch ’16: Angry Citi Analysts Are “Motivated To Jump Ship”
