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How Much Should the World’s Richest Man Get Paid?
Tesla’s board should make it clear to Musk that he has to show up and do the job—and be serious about planning for an eventual replacement, said Alan Johnson, managing director of Johnson Associates, a pay-consulting firm. That could mean he has less time to spend on SpaceX, government work and his other ventures. “Why…
Read MoreP&C CEO Pay Far Exceeds Comp for Deputies and Employees. And That’s Unlikely to Change.
The pay disparity between the CEO and other top executives is more pronounced since many insurance companies don’t have a clear No. 2, said Alan Johnson, managing director of compensation consulting firm Johnson Associates. Many firms have senior people, but with no obvious second-in-command, there’s a bigger gap between the CEO and other senior executives.…
Read MoreTrump Tariffs Could Cost Wall Street Its Bonuses
Most Wall Street workers are expected to see some decline in compensation, but IPO bankers are estimated to see their bonuses fall the most — as much as 20% from last year — according to compensation consulting firm Johnson Associates. That compares to a jump of as much as 25% in bonuses for these same…
Read MoreBanker Bonuses Expected to Slump 20% as Tariff Chaos Hits Deals
Trader payouts are predicted to surge as banks cut bonuses for investment bankers ECM banker payouts could decline between 10% and 20%, while M&A dealmakers are expected to see a decrease of between 5% and 10%. By contrast, the market volatility from the policy changes has seen equity traders enjoy record revenues in the first…
Read MoreBanker Bonuses Set to Drop as Tariffs Cause Economic Uncertainty
“We started 2025 with momentum and optimism, which has quickly changed,” Alan Johnson, managing director of Johnson Associates, said in an interview. “Now the expectation is pay will be down, moderately, off of a high level.” “Some of the traders at big banks are having great results, benefiting from the volatility,” Johnson said. For others,…
Read MoreWhat’s Driving Banks’ Low Say-on-Pay Vote Tallies
A handful of U.S. banks are facing heightened shareholder dissatisfaction over executive pay, pressuring them either to further defend their compensation programs or make changes. Banks that receive dwindling support will want to get to work on talking to investors and making the case that what they pay their CEO and the rest of the…
Read MoreUnderwriting Compensation Can be Improved in These Key Ways, Experts Say
Want to attract good underwriters? Consider paying more… Many carriers are struggling amid older worker retirements, a dearth of new entrants, competition fora relatively small talent pool and a resurgence of counteroffers designed to keep star teammembers from departing. “These positions are certainly in demand and looking forward it will probably continue,” saidAlan Johnson, managing…
Read MoreWall Street Job Cuts Loom as Market Turmoil Stalls Deals
U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters. Larger banks are quicker to reduce headcount, while boutiques could follow later, said Chris Connors, principal of Johnson Associates, a compensation consultant. “If the pipeline does not materialize quickly,…
Read MoreGoldman Sachs Hikes Pay for City Bankers to $764,000 as Dealmaking Jumps
The US bank saw ‘significantly higher’ compensation costs in 2024 for its London-headquartered bank. Investment banks have rewarded their dealmakers as fees bounced back after two years of slumping revenue. Wall Street banks increased bonuses by up to 35% for 2024, with debt underwriters receiving the biggest boost, according to compensation consultants Johnson Associates. Financial…
Read MoreBanks Lock in Key Staff With Big Retention Bonuses as Private Credit Circles
Senior investment bankers are being offered lucrative pay packets that will keep them at their firms for years. Can they stave off the appeal of private credit and private equity? Top executives at some of the leading Wall Street, European and boutique investment banks have been handed retention packages worth tens of millions of dollars…
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