Wall Street Banker Bonuses Forecast to Rise 35% This Year

Bonuses for Wall Street’s investment bankers are forecast to jump as much as 35% this year – although experts have warned that payouts could be knocked by stock market volatility and an economic slowdown in the US. Investment bankers who work in debt underwriting are expected to see the biggest rise, with bonuses forecast to…

Read More

Wall Street’s 2024 Bonuses Will Be Higher — If the Market Behaves

Following strong second-quarter results, professionals in almost all corners of finance are estimated to receive bonuses as much as 35 percent higher than they did last year, according to a report by Johnson Associates, the New York-based compensation consultancy.  Investment bankers have the most to look forward to. Debt underwriters could get year-end bonuses that are…

Read More

2nd Quarter 2024

Compensation Trends and Projections August 2024 Projections: Traditional asset management boosted by market appreciation and stabilizing flows. Hedge fund incentives rise on inflows and strong performance. Investment banking higher as capital markets activity rebounds from multi-year lows. Illiquid alternatives flat to up modestly despite challenging fundraising. Headcount down 2% – 4% from 2023 across financial…

Read More

Wall Street Bonus Watcher Says Some Payouts Will Jump Up to 35%

After two lackluster years, Wall Street bonuses are poised to jump in virtually every sector of the industry, with debt underwriting likely to be the biggest winner. Bankers who help companies sell debt may see payouts swell as much as 35%, as deals pick up and capital markets rebound from multiyear lows, according to a…

Read More

Bonus Outlook for Commercial Insurance Execs at Midyear

Bonuses at these [commercial] carriers are likely to trail other sectors in financial services, which are likely to increase in the range of 5% to 20%, according to Alan Johnson, founder of Johnson Associates, a compensation consulting firm… Another challenge, when it comes to compensation is that some insurance companies are more diversified than others,…

Read More

Private Markets Compensation Challenges and Opportunities

Common Issues and Considerations July 11, 2024 The expansion of private markets has created compensation challenges and opportunities across independent alternatives firms, captive units, traditional asset managers, insurance companies, family offices, and more. This report highlights common issues and considerations in a rapidly evolving sector.

Read More

2024 Public Financial Services

Compensation Disclosures – Key Takeaways June 18, 2024 Johnson Associates analyzed proxy disclosures across financial services firms to understand how pay trends have evolved for year-end 2023. Key takeaways and trends enclosed.

Read More

Salaries for Masters Graduates in Finance Sector Power Ahead

Chris Connors of Johnson Associates, a New York-based financial services remuneration consultancy, notes that the surge in earnings was also seen in his firm’s data. He says it was caused by higher initial pay amid fierce competition for recruits, subsequent increases linked to high inflation and a recent rise in bonuses after two stable years.…

Read More

Private-Equity Leaders Tout Industry Comeback, but Hiring Lags

Many private-equity firms are “a bit heavy on head count” after more than a decade of continual growth and hiring, said Chris Connors, a principal at Wall Street compensation consultant Johnson Associates. Now some firms are focused on “curtailing expenses and cost management,” in some cases by replacing senior with junior employees or not filling…

Read More

Chief Underwriters Underrepresented Among Highest-Paid Execs at Big Commercial Carrier

“As businesses have become more diversified and global, some of the non-revenue-generating roles at insurers and other large financial services companies have gotten significantly larger and you’re seeing this manifest in proxies,” said Chris Connors, a principal at compensation consulting firm Johnson Associates. These roles often include chief legal officer, chief technology officer, chief operating…

Read More