Financial Services Compensation Webcast March 2025

Location: Virtual Johnson Associates presented a lookback at 2024 and initial thoughts on 2025 compensation developments. Topics covered included: 2024 Industry Incentive Changes by Sector, 2024 Major Surprises, The Convergence of Public and Private Markets, All Things Carry, Hybrid Work Policy, and many others. Included preliminary thoughts on 2025 and Fearless Predictions for this year…

Read More

Bank of America Cuts 150 Junior Jobs in Investment Banking, Sources Say

Investment banking activity had picked up in recent months, with Wall Street executives cheering the business-friendly tone of President Donald Trump’s administration. But U.S. mergers and acquisition activity in the first two months of 2025 has seen just 1,603 deals signed through Friday, making it the slowest pace by volume since 2009, Dealogic data showed.…

Read More

It’s Wall Street Bonus Season: Here’s When the Biggest Banks Are Expected to Tell Employees How Much They Made

Bonuses have been down since 2021 because of lackluster demand for mergers and capital raising.This year, investment bankers and traders are expecting bonuses to tick up — the comp consultant Johnson Associates expects increases of as much as 35% — thanks to a bounce in deal flow that’s predicted to ramp up. Business Insider /…

Read More

Most Employee Bonuses Last Year Were Expected to Match 2023 Levels

Bonuses in the financial services industry were expected to soar anywhere from 5% to 35%, the best performance since 2021, a report by Johnson Associates found. “The economy was much better, and then markets were up dramatically,” said Alan Johnson, the company’s founder, explaining why bonuses were expected to surge. “I think people were expecting…

Read More

‘Tis the Season to Be Jolly for Insurance Bonuses

Insurance companies have largely performed well against their benchmarks and peers this year thanks to revenue and premium growth, as strong economy, and lower inflation. As a result, insurance professionals could receive 2024 bonuses that are 5% to 10% higher, on average, than last year, according to Alan Johnson, managing director of Johnson Associates. Bonus…

Read More

Money Manager Bonuses Expected to Fall in 2022 – Johnson Associates

Excluding the impact of inflation, bonuses paid to professionals in traditional asset management firms are projected to fall by 10% to 15% by year-end 2022 compared with the prior year-end, due to assets under management and revenues falling on “market decline and moderate outflows as clients de-risk,” the report said. For professionals at mega-size private…

Read More

CEOs are Getting Paid Bonuses Like There Was No Pandemic

Compensation consultants have long argued that owning stock best aligns the interests of the CEO with those of the company’s shareholders, who are the ultimate owners of the company. Yet companies also note that that sticking to pre-set financial goals during economic downturns may not reward corporate leaders for any critical decisions they make that…

Read More