Posts by doubleup
The Bright Side of Bank Robbery
Morgan Stanley’s reported move to defer 100% of 2012 bonuses for high-earning employees is the crescendo of a trend of big banks deferring more pay in recent years. It’s the second straight year of big deferrals at Morgan Stanley, which a year ago held back 75% of bonuses for traders, investment bankers, and other high…
Read MoreIndustry Cautiously Optimistic on 2013 Pay: Poll
Many industry professionals are optimistic that their 2013 compensation will be higher than last year’s pay. That is according to the results of an Ignites poll that also found nearly 40% of participants predict they will earn about the same amount this year as last year. Roughly 36%, or 156 voters, expect their total 2013…
Read MoreU.S. Asset Management 2012 Compensation Report
U.S. Asset Management 2012 Compensation Report December 2012 Incentive compensation levels in the asset management industry are projected to increase about 0–10% this year, following a period of flat compensation from 2010 to 2011. Those results reflect an industry that, like the economy and financial markets in general, is slowly regaining strength but lacks conviction…
Read More‘Fiscal Cliff’ Fears Probably Won’t Make Bonuses Come Faster
U.S. companies may be paying out big dividends before tax rates rise next year, but for now they’re holding the line with executive bonuses. “Politically it would be a disaster,” said Alan Johnson, CEO of Johnson Associates. CNBC / November 29, 2012 READ ARTICLE
Read MoreWall Street Bonuses Running Neither Hot nor Cold
Wall Street bonuses are no longer plummeting, although the “new normal” emerging now is below the industry’s pre-recession heyday. “The revenues of these firms just aren’t good enough. There’s a pretty good alignment between pay and performance,” said Alan Johnson, managing director at consulting firm Johnson Associates Inc. NBC News / November 12, 2012 READ…
Read MoreJohnson Associates Annual Financial Services Presentation 2012
Location: Yale Club, New York City 2012 Financial Services Compensation: Ongoing Struggle and Future Opportunities November 2012 For 2012, Johnson Associates projects slight increases in incentive funding by sector and area, with noticeable compensation variations between U.S. and European firms. Very heavy Wall Street deferrals continue with some variations by region. Continuing scrutiny of executive…
Read MoreWall Street 2012 Bonuses Expected To Show Improvement
Wall Street Year-End Incentive Awards Expected To Show Improvement in 2012, Johnson Associates Analysis Finds November 2012 Johnson Associates released their Q3 2012 Compensation Estimates for financial services compensation. Economic recovery, varying impact of regulation both globally and regionally, business mix, and ongoing uncertainty in world markets are key 2012 incentive drivers. Projections anticipate asset…
Read MoreWall Street Bonuses Set to Rise After ’11 Declines
Wall Street workers, whose bonuses and year-end incentives fell by as much as 30% last year, will see slightly bigger bonuses and stock awards in 2012. “The recovery in financial services continues to be a struggle, and while incentives will be modestly up, few professionals will have reason to cheer,” says Alan Johnson, managing director…
Read MoreBonuses on Wall St. Expected to Edge Up
Wall Street employees, whose paychecks have often been cut in recent years, are likely to get a slight bump in their bonuses this year. The catch: the increase will come on top of one of the worst years for bank pay in recent memory. Year-end incentives, which include cash bonuses and stock awards, will be…
Read MoreWall Street Pay Rises – Bonuses Are Still Below Levels Before Financial Crisis
Wall Street pay will bounce in 2012 from last year’s sharply reduced levels, but bonuses will be lower and have more strings attached than before the financial crisis, the latest tally of finance-industry compensation shows. So-called incentive-based pay, which includes cash and stock awards, is set to climb 5% to 10% from a year earlier,…
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