1st Quarter 2022

Johnson Associates

Compensation Trends and Projections

May 2022

Johnson Associates projects a decrease in incentive compensation across financial services for 2022. Asset management incentives down significantly on declining markets. Private equity incentives dip lower on slowdown in fundraising and fewer realizations while hedge funds remain flat as market volatility leads to strong inflows. For the first time in decades, inflation has significant impact on real compensation outcomes.