1st Quarter 2023
Compensation Trends and Projections May 2023 READ REPORT
Wall Street Payouts Will be ‘Most Complicated Since Great Recession’: Survey
“It will be one of the most complicated years in the industry since the Great Recession,” Alan Johnson, managing director of Johnson Associates, told The Post. “Big banks are winning while regional banks are suffering big time.” “It will be the year of the ‘haves’ and ‘have-nots,’” he added Johnson predicts the most dramatic divergence…
Bonus Pools Shrinking at Traditional Managers: Report
Workers at traditional asset management firms can expect even smaller bonus payments than last year, against a backdrop of rising interest rates, inflation and disparate performance across sectors, compensation consultancy Johnson Associates forecasts. Despite increases in assets under management across traditional firms and efforts to rein in costs, Johnson Associates projects a 5% to 10%…