I would appreciate some advice on this predicament. I accepted an internship for JPMorgan Chase in the SF office for this summer. It seems I won't get my bonus until I start in June. However in order to secure housing in SF I need that bonus. Should I ask for an advance for the bonus?

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Posting as :
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You are currently posting as works at

You won’t be able to ask for the bonus in advance. The payroll just doesn’t work that way.

You’ll need to find a way to front the cost somehow and then repay it back. Alternatively, you can try reaching out to the HR recruiter who’s assisting with your offer letter to see what they can do, but this comes down to a payroll process versus what HR can tactically do.

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Try your school for a loan as well. Some colleges do this.

Be very transparent. Obv you don’t have family to ask. JPMC makes a lot of fuss about diversity, and economic need should count. Reach out to their DEI if HR isn’t helpful,

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Are they aware that you are relocating for the position?

Is there anyone you can ask to front you the money, or maybe get a short term loan? I wouldn't ask for the bonus upfront. It's bad optics, IMO - especially for an internship.

Unfortunately the challenge with this is that it’s nearly so tough to negotiate / request internally. Heck I’m trying to get my $1100 technology reimbursement for my laptop and it’s been a pain dealing with Concur/payroll. Lol 😂

But good luck - hopefully you can solve this issue!

It doesn't hurt to ask. I don't know if they will do it but I would ask. Hopefully this works out for you!

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