Bankers Expect to See a Bump in their Bonuses

“There is a staffing shortage, so in addition to the pay levels, there’s a real demand for talent,” Alan Johnson, the managing director of Johnson Associates, said in an interview. “Every client we talk to is having difficulty getting recruits.”

“When you have a crisis, you usually have a lull in turnover, people get risk averse, hold onto their jobs, hunker down,” Mr. Johnson said. “But as we go to the middle of ’21 and ’22, there’s going to be more turnover.”

The New York Times / November 16, 2021

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