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Banker Bonuses Are Rising, but Traders Aren’t as Lucky
“Regulatory and political unknowns continue to spread caution throughout the industry,” Johnson said in the report. “Market activity and interest rates will be key 2017 incentive drivers going forward.” Bloomberg / August 9, 2017 READ ARTICLE
Read MoreDo Regulators Still Need to Issue an Executive Comp Rule?
“The rules never really got a full debate, so I don’t think it’s a bad thing that they have been killed, because I think the pendulum has swung too far,” said Alan Johnson, managing director of Johnson Associates, a compensation consulting firm. “But there will be some blowback on this.” American Banker / July 21,…
Read MoreThe Top U.S. Cities to Get a Financial Services Job Outside of New York
The fact is that financial services organisations are moving jobs to lower-cost destinations regardless of whether their personnel want to move – largely because they want to cut costs. For employees, this means taking a lower salary in a cheaper location. Alan Johnson, the founder of compensation consulting firm Johnson Associates, says that pay is…
Read MoreWhole Foods’ CEO Pay Discount Expires
Alan Johnson, an executive pay consultant who is no fan of excessive compensation plans, says $1 pay schemes for CEOs sound nice, but they rarely work for shareholders. They tend to have a chilling affect on what a company will pay for other top talent. “Was Whole Foods able to get the best talent possible…
Read MoreBanks Are Going to Use This New NYC “salary rule” to Make You a Crazily Low Offer
The new rule is intended to create a level playing for “bad negotiators” who’ve been paid less (women in particular) and who will in future be liberated from the shackles of their historic low pay. However, by encouraging banks to come in with incredibly low offers in an attempt to flush out pay levels, Johnson…
Read MoreOusted Ford CEO Mark Fields Is Being Paid a Lot of Money to Leave the Company
Ford’s board may have decided to leave out the cash base pay (which, prorated, would’ve been a little over $1 million) because unlike stock, a direct cash payment could make for poorer optics, said Alan Johnson of the executive compensation consulting firm Johnson Associates. Fortune / May 25, 2017 READ ARTICLE
Read MoreHere’s Where Banking Bonuses Are Set to Increase by 20%-plus This Year
After the first quarter, Wall Street compensation consulting firm Johnson Associates is projecting mixed incentive pay across financial services, with a generally more upbeat business environment and compensation outlook compared to recent years. There’s a long way to go until the end of the year, though, with political and regulatory uncertainty, rising interest rates and…
Read MoreWhat’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
Read MoreHR Lessons from Bill O’Reilly’s $25 Million Severance Deal
The reason why scandal-plagued companies are willing to pay millions in severance to allegedly bad actors is because they believe it’s the best way to put a crisis behind them and move on, explained Alan Johnson, managing director at Johnson Associates, an executive pay consultancy in New York City. Society For Human Resource Management (SHRM)…
Read MoreMajority of Public Firms’ CEOs See 2016 Pay Drop
CEO pay cuts at money management firms are following an overall trend for banks that began after the financial crisis as the highly paid top executives of the nation’s largest banks saw compensation drops, Mr. Johnson said. Pensions & Investments / April 17, 2017 READ ARTICLE
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