Size of bonus for IT staff in HFs?

[pmeswani]

If you're in IT dont be surpised if you get a doughnut. If you're good friends with the HF Managers (i.e the business), you may be thrown a few quid. But these days you need to manage your expectations. I've worked at 2 big hedge funds >10bn AUM by the way.

Alternatively, there's this:

http://www.astburymarsden.com/docume...ing%202012.pdf

Thank you that is helpful. I was more optimistic .

Hot Mess was also being optimistic.

[Scrag Meister]

Bonuses of late have been dire from what I have heard.

I've worked in banking for a number of years and NEVER recieved a bonus....... cos I'm a contractor.

Every day is bonus day when you are contracting.

[SomeDude1012]

If you're in IT don't be surpised if you get a doughnut...

Thank you that is helpful. I was more optimistic .

[Hot Mess]

What is the normal size of bonus for IT (not necessarily front office) staff in medium/large hedge funds in London these days?

Providing that performance on both sides is good. I am talking about % rather than £.

PS: I appreciate that this is a contractors' forum, but frankly speaking I do not know a better place to ask.

If you're in IT dont be surpised if you get a doughnut. If you're good friends with the HF Managers (i.e the business), you may be thrown a few quid. But these days you need to manage your expectations. I've worked at 2 big hedge funds >10bn AUM by the way.

Alternatively, there's this:

http://www.astburymarsden.com/docume...ing%202012.pdf

[escapeUK]

A good bonus used to be taking the staff up the oxo tower.

Never heard that sexual euphemism before, this just the male staff yeah?

[SomeDude1012]

A good bonus used to be taking the staff up the oxo tower.

Where they were buying you £300+ cocktails I hope ?

[SomeDude1012]

Two examples I know of, from people who worked in IT in small hedge funds...

Thanks. This is comparable to numbers I have heard from other sources.

[Jeff Maginty]

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[Jeff Maginty]

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[Paddy]

What is the normal size of bonus for IT (not necessarily front office) staff in medium/large hedge funds in London these days?

Providing that performance on both sides is good. I am talking about % rather than £.

PS: I appreciate that this is a contractors' forum, but frankly speaking I do not know a better place to ask.

A good bonus used to be taking the staff up the oxo tower.

[stek]

What is the normal size of bonus for IT (not necessarily front office) staff in medium/large hedge funds in London these days?

Providing that performance on both sides is good. I am talking about % rather than £.

PS: I appreciate that this is a contractors' forum, but frankly speaking I do not know a better place to ask.

You posted in General, Dickhead - bonus is 1p...

Bonuses are for permies fukface, grow some. Hope that helps...

[SomeDude1012]

What is the normal size of bonus for IT (not necessarily front office) staff in medium/large hedge funds in London these days?

Providing that performance on both sides is good. I am talking about % rather than £.

PS: I appreciate that this is a contractors' forum, but frankly speaking I do not know a better place to ask.