Guess Who’s Going to Get a Big Bonus Increase in 2018
“The industry has been on a fundraising and realization high,” Alan Johnson, managing director of Johnson Associates, said of private equity. eFinancialCareers / August 3, 2018 READ ARTICLE
Banker Bonuses Are Expected to Increase Except in Advising, Report Says
“It’s going to be challenging to manage people’s expectations,” he said in an interview. “As we get toward the end of the year I think people will expect to get paid more than they will. How do you manage people who get 5 percent more but maybe they were thinking they would get 10 to…
2019 Comp: Morgan Stanley Adds Account-Level Bonuses, Leaves Grid Unchanged
Compensation Consultant Alan Johnson of Johnson Associates in New York said the potential 3% grid-rate bump is, nevertheless, “dramatic” enough to get advisors’ attention. “Three points is a lot,” said Johnson when briefed on the details of the plan by a reporter. “Morgan Stanley is signaling that [financial plans and asset gathering] are important to…
Bonuses Are About to Soar Across Wall Street – And a Group Left for Dead Might Wind up the Biggest Winner
Johnson said he expected equities “to be up for the rest of the year,” but not on par with the “euphoric trading” of 2007 and 2008. “This is not your grandma’s trading. This is a more constrained, client-driven trading,” Johnson said. “We won’t see perhaps the profits we saw before the crisis.” Business Insider /…
Equities Traders May See Biggest Bonus Jump of Up to 15% in 2018
“The mantra is hedge funds should make more money in volatile markets, that’s always been their elixir,” Johnson said. “That’s not as automatic as it once was.” Johnson Associates bases bonus estimates on first-quarter results and conversations with clients. The forecasts often change throughout the year. Bloomberg / May 9, 2018 READ ARTICLE
Netflix CEO Reed Hastings Was Paid $24 Million Last Year
“They’re just going to go to the salary they wanted to do in the first place,” said Alan Johnson, a financial compensation expert who runs the consulting firm Johnson & Associates. “The only reason you would change it because of the tax law is because you never believed in bonuses.” CNN Money / April 23,…
Three Lessons From Early Pay Ratios
Similarly, Alan Johnson, managing director and founder at Johnson & Associates, suggests these pay disclosures may be only the beginning. For example, consider the gender pay gap information that companies are being required to disclose in the U.K. this year, he says. “I think we’re going to have ratios like this in different states in…
Industry Growth Reflected in Asset Manager Pay
Firms are demonstrating willingness to give hefty pay boosts to particularly talented young tech experts. However, “these big jumps are still cheap relative to the much bigger compensation packages required to retain more-senior employees,” said Johnson Associates managing director Francine McKenzie in the report. “Even with the recent market volatility, we continue to forecast a…
Listed: Richest and Poorest 401(k) Plans
Boards have oversight of retirement plans, but not at a deep level. They generally leave it to management, says Alan Johnson, managing director of compensation consulting firm Johnson Associates. That may be one reason why participation is low at many companies. “I think most companies have looked at 401(k)s as kind of a hygiene factor.…
Wall Street Traders Brace For Meager Paychecks as Bonus Season Approaches
“Getting zero bonuses was unheard of a couple years ago, but it happens today,” said Alan Johnson, head of compensation consulting firm Johnson Associates. “I expect that there are people who will get no bonus” this season, he added. Reuters / January 19, 2018 READ ARTICLE