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S&T Clarification

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I am using this thread to clarify S&T information that has been inconsistent throughout WSO.

For S&T at the BB I will be working at starting July 1st, I am currently reading the bonus clause in my contract right now and I quote "...A discretionary incentive bonus, if any, will be paid to you provided that you are still employed at the time which bonuses are paid, typically in the summer." I am not sure why people are being paid stubs at other banks if it is a two year program...

Also, when the two year S&T program is over, how many people are kept on as an associate. I know with IBD you need to go for an MBA after your first two years, but for S&T you do not. If anyone can comment on the analyst retention rate in S&T I would appreciate it


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