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 More

P&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 More

Trump 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 More

Banker 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 More

What’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 More

Underwriting 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 More

Wall 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 More

Goldman 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 More