Posts by doubleup
CEO Pay Hikes Not Likely to Hold Up in 2020
Alan Johnson, managing director of New York-based compensation consultant Johnson Associates Inc., said increased CEO pay [for 2019] was “pretty rational” given the performance of firms last year. Year-end pay for 2020, however, is “likely to be down significantly,” with senior executives apt to see pay decreases “at least as bad as everybody else,” Mr.…
Read More1st Quarter 2020
Compensation Trends and Projections May 2020 READ REPORT
Read MoreTraders’ Pay Outlook Brightens, if They Survived Latest Job Cuts
Bonuses for both equity and fixed-income traders could jump as much as 20% this year, according to compensation consultant Alan Johnson, the managing director of Johnson Associates Inc. “This is their heyday” after several years of virtually no change in compensation, Johnson said Wednesday in an interview. “Sales and trading now is mainly a customer…
Read MoreWall Street Bonuses to Shrink as Much as 30 Percent Amid Coronavirus
It’s going to be an ugly bonus season on Wall Street… “It’s going to be a second kick,” the report’s author, Alan Johnson, told The Post. “You had a hellish year and your pay is going to be down.” The pain will not be felt equally on Wall Street, Johnson adds. “There’s going to be…
Read MoreWall Street Bonuses Set to Fall By as Much as 30% in 2020: Report
Wall Street bonuses for 2020 could fall by as much as 25%-30% due to the deep cuts to revenues recorded by banks and hedge funds earlier this year as a result of the novel coronavirus, according to a report published Wednesday by compensation consulting firm Johnson Associates Inc. While most compensation is expected to be…
Read MoreManager Bonuses Expected to Fall 20% to 25% Amid Pandemic
Money management professionals can expect to see a 20% to 25% decrease in year-end bonus payouts from last year, said projections from compensation consultant Johnson Associates. Johnson Associates’ quarterly analysis projects broad and substantial decreases in incentive compensation across financial services. Incentive compensation for asset management is expected to be down broadly, with the coronavirus…
Read MoreHedge Fund Bonuses Could Slide 15% to 20%: Comp Consultant
The rest of this year is likely to bring “a greater dispersion” than ever before in pay and performance for hedge fund professionals, says Alan Johnson, managing director at compensation consultancy Johnson Associates. Many clients are already modeling lower pay levels, he adds. “The average hedge fund pay incentives will be down 15% to 20%,”…
Read MorePay at Private Equity Firms Set to Decrease Due to Covid-19
Private equity industry pay could drop by 15% this year, says Alan Johnson, a compensation consultant and founder of Johnson Associates. The most dramatic shift will be in carried interest, which has “evaporated” in the wake of the economic downturn, he added. Johnson says there is a silver lining in that private equity owners and…
Read MoreBlackRock CEO Larry Fink Earns $25 Million in 2019
Across the industry, asset management professionals’ bonuses fell 3% in 2019, compared with 2018, according to compensation consulting firm Johnson Associates. It projects that asset management professionals will end 2020 with even more severe decreases in bonus packages at the end of this year. The Wall Street Journal / April 9, 2020 READ ARTICLE
Read MoreMoney Managers Attempt to Calm Layoff Fears Amid Downturn
But layoffs, “from moderate to severe,” will eventually occur at money management firms as a result of the market downturn and the “severe recession” that is expected to follow the pandemic, said Alan Johnson, managing director of New York-based compensation consultant Johnson Associates Inc. Despite this, he has advised money management clients to not panic…
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