analyst signing bonus

shady lane

Do the BB and other big firms in London give signing bonuses? How much are they?

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Reply 1

Tortle

Are signing bonuses negotiable?

Reply 2

portugal

yes they do, and unless u are exceptional - no its not negotiable

Ive heard many figures, bt if u wait until after the 1st a few ppl here will be able to tell u.

Reply 3

Roll-The-Dice-And-Win

if you refer to this article : http://observer.guardian.co.uk/uk_news/story/0,,1859329,00.html

She states:

"So I took it. After my final year at Cambridge, I was flown to New York for a two-month 'Boot Camp'. The starting salary was £37,500 a year plus a £7,500 golden hello bonus which hit our bank accounts as we arrived."

I would assume that an american IB (either GS, MS or ML).

I guess handshake bonus also depend on which department/office you are planning to work in?.

Reply 4

jameso88

I'm sure i've heard the £7k figure banded about with regard to the Gold handshake some pay more some pay less for some reason i think Barcap pay in the region of £8.5K i could be completely wrong though.

Reply 5

Big4Monkey

Greenhill £10,000
BarCap £8,000
Citigroup £7,000
Deutsche £6,000
Goldmans £5,000
MS £5,000
Merrills £4,000
ABN £4,000

Reply 6

shady lane

Are these given at the time of signing the contract, or when training starts?

Reply 7

Tortle

CityTrader

Greenhill £10,000
BarCap £8,000
Citigroup £7,000
Deutsche £6,000
Goldmans £5,000
MS £5,000
Merrills £4,000
ABN £4,000

Are those numbers real?

Reply 8

bally

Tortle

Are those numbers real?

So much for 100 posts and out citytrader!

In Aus, dont think we have signing bonuses.

Reply 9

kahler_potential

Tortle

Are those numbers real?

Entirely believable, good mate of mine's just been signed at Merrills... Sign-On is a fair bit more than the one listed there, I guess it's gone up

Reply 10

POLAND CALLING!!!

I think it will quite a bit more seeing as my friend who just signed for accenture on their technology consulting signed a contracts worth which at a £10000 bonus!! He starts in October!

Reply 11

Brown Patrick Bateman

POLAND CALLING!!!

I think it will quite a bit more seeing as my friend who just signed for accenture on their technology consulting signed a contracts worth which at a £10000 bonus!! He starts in October!

At Accenture I think they pay £6k of that in your first year and £4k at the end of your second, or something.

The above numbers look about right, they typically provide it in your first month's paycheque (the first month you begin work), though a friend at Greenhill got his £10k after signing the contract whilst at uni.

Reply 12

Busta

I heard and read that Accenture pay the 10K bonus over the period of your first 2 years

Reply 13

Montana

And if you leave within those 2 years, you have to give it back...

Reply 14

Damnyanks

Montana

And if you leave within those 2 years, you have to give it back...

Just remember these lovely words,

No such thing as a free lunch in life

It's nice but you'll work for it. Nearly all places in various industries at least do a relocation fee

Reply 15

President_Ben

Citigroup reported to have dropped theirs in favour of a bumped up salary?

Reply 16

fuglyduckling

the numbers are correct for last year at ABN.

Reply 17

soilman

CityTrader

Greenhill £10,000
BarCap £8,000
Citigroup £7,000
Deutsche £6,000
Goldmans £5,000
MS £5,000
Merrills £4,000
ABN £4,000

what does everyone think of that article??

http://observer.guardian.co.uk/uk_news/story/0,,1859329,00.html

looks ****!

Reply 18

MrBing

sm0273

what does everyone think of that article??

http://observer.guardian.co.uk/uk_news/story/0,,1859329,00.html

looks ****!

I only read parts of it but I have mates working with IB in the City and the hours are somewhat crazy. Some starts 8 in the morning, leave the office around 4 in the morning...

Reply 19

Redeyejedi

Originally Posted by sm0273
what does everyone think of that article??

http://observer.guardian.co.uk/uk_ne...859329,00.html

looks ****!

Personally i think our Cambridge Engineer "Polly" was somewhat Dyspraxic if she thought she'd be working the standard 9-5 job..its not like she was paid **** all for her troubles. I mean who gets into banking thinking that its going to be easy?

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