BonusBumer UPDATE

Posted by Anon, May 24, 2007 3:50PM

Just to clarify, are these total comp numbers or JUST bonus numbers? If these are just bonus numbers, that means 1st year analysts at GS are bringing in $170K+??

Posted by Anon, May 24, 2007 3:51PM

Just to clarify, are these total comp numbers or JUST bonus numbers? If these are just bonus numbers, that means 1st year analysts at GS are bringing in $170K+??

Posted by KH, May 24, 2007 4:07PM

Top tier bonuses. Base for first year is 60k so you are correct in that the BEST first year at Goldman will make $170k pre-tax.

And in one million years of doing this, you could buy Berkshire Hathaway... see yesterday's post:

http://www.dealbreaker.com/2007/05/every_42_seconds_the_best_firs.php#more

Posted by , May 24, 2007 6:13PM

Some other place are showing different numbers
http://www.wallstreetprep.com/blog/

Posted by Anon, May 24, 2007 6:59PM

RE: different numbers -
those numbers are from Jan and are based off of last years compensation. 1st year analysts last year got 80k Year end bonus.

Posted by , May 24, 2007 9:37PM

Anon 6:13:
Did the number 2006 not give it away?

"NEW - 2006 Investment Banking Compensation Report
Jan 9, 2007, 4:33 pm"

Posted by , May 25, 2007 8:50AM

the Vault numbers are even lower.

Posted by PrivateEquityGuy, Jun 07, 2007 9:14AM

Subtract $20K - $25K and these might be close to being correct.

Posted by , Jun 07, 2007 9:36AM

does anyone have numbers for equity research?

Posted by , Jun 07, 2007 10:30AM

Yes please, could someone please post the numbers for equity research if they have them?

Posted by , Jun 11, 2007 11:38AM

so seems no one is updating this any more

Posted by anon-e-mouse, Jun 11, 2007 2:54PM

There is no GS analyst making $170k - that's preposterous

Posted by anon-e-mouse, Jun 11, 2007 2:55PM

There is no GS analyst making $170k - that's preposterous

Posted by BB Banker, Jun 20, 2007 2:18PM

Last year, as a first year analyst at a bulge bracket bank, my total comp was $60k base and $80k bonus ($140k total).

This year, total comp is expected to be in the $190k - $200k range ($70k salary + $120k-$130k bonus).

For everyone who thinks these numbers are too high, you're clearly not working at an investment bank and have no idea how good this year has actually been. Either way, will have confirmation a week from today and will repost.

Posted by , Jun 20, 2007 2:18PM

Last year, as a first year analyst at a bulge bracket bank, my total comp was $60k base and $80k bonus ($140k total).

This year, total comp is expected to be in the $190k - $200k range ($70k salary + $120k-$130k bonus).

For everyone who thinks these numbers are too high, you're clearly not working at an investment bank and have no idea how good this year has actually been. Either way, will have confirmation a week from today and will repost.

Posted by , Jun 28, 2007 2:17PM

(Above)

You're actually wrong. Banks aren't as aggressive this year as you think. Real numbers are in at half the bulge brackets.

Posted by IB, Jun 28, 2007 5:50PM

Citi just paid their top rated 1st years £49k bonus.

Posted by anonymous, Jul 01, 2007 2:03PM

Citi top tier 1st yrs got 100k bonus

Posted by anonymous, Jul 01, 2007 2:05PM

bonus ranges widened this year... a select few got more than "the range"

Posted by Baller Status, Jul 05, 2007 10:18AM

Citi bonues:

1st = $90k
2nd = $115
3rd = $140

If you think these numbers are crazy quit your job at Black and Decker and get a real one on Wall Street

Posted by , Jul 10, 2007 12:05PM

what did goldman pay?

Posted by ML DCM Banker, Jul 18, 2007 4:41PM

Citi - Top Tier M&A Analyst was 90
Top Tier DCM was 80k
Credit Suisse Top Tier DCM was 75

These are confirmed from analysts actually getting paid out.

ML DCM is not paid out until Jan, don't know about IBD. (ML's IBK)

Posted by Wachovia 1st Year, Aug 03, 2007 5:37AM

Just FYI: Top first year at Wachovia was $90K

Posted by guest, Jul 20, 2008 8:13PM

Numbers are right but the bonus tax is some 40% in NY. I.e. a 60k base salary with a 100k bonus is only about 120.

Posted by guest, Jul 20, 2008 8:14PM

Numbers are right but the bonus tax is some 40% in NY. I.e. a 60k base salary with a 100k bonus is only about 120.

Posted by guest, Jul 20, 2008 8:14PM

Numbers are right but the bonus tax is some 40% in NY. I.e. a 60k base salary with a 100k bonus is only about 120.

Posted by guest, Jul 20, 2008 8:27PM

after obama, reid and pelosi take full control, ~165k in new york will net you around 95g's a year.

local taxes will rise as well, so take out another 5k.

max out your 401k like all good business students are taught, and now you're down in the 70's.

so unless mummy and daddy hook you up with a nice little place, most analysts live in slightly more privacy than they did in college rooms. sucks having 2 roommates, especially when one of them farts a lot.

Posted by guest, Jul 20, 2008 9:09PM

genius-- these are 07 numbers. check the dte at the top.