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Signing Bonus

Categories: Careers

The bank realllllly wanted you. You speak 5 languages (Arabic, Chinese, Spanish, Japanese, and English). You went to Princeton. You're the ringer for the corporate golf team. You were all Ivy League as you played on the varsity team. You know European GAAP.

The result? You get a signing bonus for your investment banking job: $250,000 for starters. Nice work if you can get it. All taxed at ordinary income rates. Big expectations. Are they...great?

Find other enlightening terms in Shmoop Finance Genius Bar(f)