There are rumblings that bonuses for my bank are in the 70k range for top performers, with a base of 100k for analyst. If that’s true, it’s an absolute joke for what they ask of you. The transaction advisory role I left was literally 130k base with probably 40% less work and I was sold that 100k+ bonuses weren’t unreasonable (based on last year’s deal flow) I guess they really just want to roll back headcount by making the job not worth the effort

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We’re not in 2021 anymore… banking has always sucked.

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Investment banking analysts don’t make 200k because they provide a lot of value, they make 200k because they work a shit ton of hours. Sorry, but your hourly pay is about on par with other positions for your experience level. IB used to pay near $15 an hour, the glory days of 2021 is over

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I’m a data engineering counsultant making 150k working 40 hours a week but good try tho.

The big banks are going to try to justify the lower bonuses by pointing to the higher salaries they’ve been granting.
We didn’t bump salaries like the more prominent firms did, but we paid out $110-120k to the analysts ($90-100k salaries) and $150k to the associates ($120k salaries).
We’re on track for the same or higher payouts this year (unless deals suddenly fall apart).

Flow will come back around - the tide always comes back around , you’ll have bottle service again next quarter haha

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