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…

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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.…

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Inside the New Hottest Investment Banking Jobs in the U.S.

Alan Johnson, the founder of compensation consulting firm Johnson Associates, says that pay is typically 15%-20% less in locations outside of New York where banks are moving jobs. However, the lower cost of living often makes up the difference. eFinancialCareers / November 15, 2017 READ ARTICLE

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Wall Street Bonuses Projected to Rise 10%

“A strong stock market and a favorable political and regulatory environment are contributing to one of Wall Street’s healthiest years recently,” said Alan Johnson, managing director at Johnson Associates. Crain’s New York Business / November 13, 2017 READ ARTICLE

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Wall Street Bonuses Jump 10% Under Trump, but Employee Wages Are Stagnant

“A strong stock market and a favorable political and regulatory environment are contributing to one of Wall Street’s healthiest years,” Alan Johnson, managing director of Johnson Associates, said in a statement. “As a result, incentives will be up noticeably, especially in asset management and investment banking.” MarketWatch.com / November 13, 2017 READ ARTICLE

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Bank Bonuses May Turn Higher This Year

For the first time in four years, year-end bonuses for bankers in 2017 are set to grow over the prior year, according to consulting firm Johnson Associates Inc. Over all, incentive pay is expected to rise by 5% to 10%, Johnson’s survey found. Alan Johnson, who runs Johnson Associates and helps banks design compensation programs,…

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