Compensation consultant Johnson Associates projects that trader and IB bonuses will increase up to 15% from last year, although this is slightly less than the 17% growth the securities industry bonus pool experienced last year. Private equity bonus pools are expected to increase 20%+, mostly because of deal volume, but also because they're still scrambling to match or out-pace IB (I know many PE firms were jacking up bonuses at the last minute last summer when partners got wind of projected IB comp for analyst and associate levels). Retail banking incentives are expected to stay relatively flat, with growth in the 0%-5% range.
Wall Street pay headed even higher - study [Reuters]
Posted by Pete, May 22, 2007 4:29PM
What do you want to be when you grow up little Johnny?
A Compensation Consultant!!!!