Posts by doubleup
Bonus Pay on Wall Street Likely to Fall, a Report Says
Alan Johnson, founder of Johnson Associates, said many in the industry had been anticipating a rebound. This year, though, those hopes have been fading. “We kept expecting next year will be the year,” he said. “And it hasn’t really happened — and I don’t see it for the next three to five years.” He added,…
Read MoreWall Street Faces Smaller Bonuses, Possible Layoffs
Big banks and brokerages slashed their bonus pools last quarter after pitiful trading activity led to double-digit revenue declines. Unless things turn around — and soon — Wall Streeters will see shrunken bonuses and possible layoffs, experts said. “The sun could shine brightly the rest of the year, but most people would be quite surprised…
Read MoreBanking Bonuses Are Likely Going to Drop This Year
Banks “are starting to restructure their pay strategy because five or six years after the crisis they have extra costs,” Johnson said. “It’s just not working.” Fortune Magazine / October 15, 2015 READ ARTICLE
Read MoreOvaScience’s Chief Executive Dipp Sees Pay Tumble With Shares
“You’re in business to benefit shareholders, so you should ride up and down based on how the stock does,” said Alan Johnson, an executive compensation consultant at Johnson Associates in New York. “We want our executives in America under pressure. That’s a good thing.” Bloomberg / October 2, 2015 READ ARTICLE
Read MoreWall Street Expects a Bonus Bonanza for M&A Bankers in 2015
Wall Street bonuses won’t be paid until the beginning of 2016, but the people who track them are already predicting a windfall for the investment bankers who advise companies on corporate combinations. In fact, they’re predicting it’ll be the biggest payout in years. Alan Johnson, one of Wall Street’s top compensation consultants, estimates that overall…
Read MoreThese Retailers Make Bank CEO Pay Look Modest
“Since the financial crisis, their CEO pay has come down, and their median employee pay is generally high,” Alan Johnson, managing director of compensation-consulting firm Johnson Associates, said about financial-services companies. “They don’t have a lot of seasonal workers — they have a lot of full-time versus part-time workers. Their ratios will not be as…
Read MoreThe Diamond Ceiling: Women CEOs Aren’t Hauling in Gaudy Pay Packages Like Male Peers
When companies begin to disclose CEO-to-worker pay comparisons in 2017, it could demonstrate that women CEOs have more reasonable ratios. But it may more likely be the case that firms with higher proportions of women employees will have more eye-popping numbers. “I think that’s likely to be true. The way the ratio is calculated, it’s…
Read MoreCEO Pay Disclosure Shadows Public Companies
…“I think the impact will be relatively small, as I don’t see investors spending a lot of time looking at it,” says Alan Johnson, managing director of Johnson Associates, a compensation consulting firm. “But it will be one more headache for companies, and it will require some additional expenses to comply with.”… Global Finance Magazine…
Read MoreJPMorgan Mulls Pay Changes After Record Low Investor Support
‘Uncomfortably Close’ The 61 percent tally is “uncomfortably close to 50 percent,” said Alan Johnson, managing director of compensation-consulting firm Johnson Associates. “You don’t want to fail the vote, not at a big bank.” Bloomberg / May 19, 2015 READ ARTICLE
Read MoreS.E.C. Proposes Rules on Executive Pay and Performance
…But some say the rules seemed designed more to shame companies and their executives than to provide shareholders with any meaningful insights. “If you are a serious shareholder, you know what the stock has done, and you can come to your own conclusion about whether the C.E.O. is the right leader,” said Alan Johnson, managing…
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