What’s Pulling Compensation Levels Down?

Pressure on asset management profit margins is driving these pay cuts, the firm notes. “The reality is that compensation is not likely to recover to recent market highs and might even fall further in coming years,” says Johnson Associates managing director Francine McKenzie. FinancialPlanning / April 25, 2017 READ ARTICLE

Och-Ziff’s 10-Year Deal Sets New Bar for Staff Retention

Levin’s large pay package comes as compensation has dropped in the hedge fund industry and firms narrow in on paying for performance, says Alan Johnson, managing director of compensation consultancy Johnson Associates. “Pay has come down meaningfully. People are differentiating better,” he says. “People who perform continue to stay where they are.” FundFire / February…

Boards Cut Discretion From Comp Plans to Soothe Investors

According to Alan Johnson, managing director and founder of compensation consulting boutique Johnson Associates, some boards have moved to reduce discretion in bonus plans in order to appease investors and proxy advisors. “There’s this tension in the marketplace. A lot of it’s driven by ISS and Glass Lewis,” he says. “They hate discretion.” Agenda / February…