Santa will leave many bankers and traders empty-handed this holiday season. One in five Wall Streeters won’t get a bonus for 2012, according to a closely watched compensation study set to be released next week. That figure is up sharply from last year, when roughly 13% of bonus-eligible employees got no added year-end pay, according to Options Group, a New York executive search and consulting firm that produced the study. In terms of overall compensation, some staff in stocks and derivatives trading are likely to be the hardest hit, as their compensation is set to shrink by at least 20% for the third year in a row, the study found. A stock trader who is a managing director at a securities firm stands to take home as little as $550,000, down 31% from 2011. Sluggish deal activity means investment bankers also could receive a 13% pay cut, the study found. [WSJ]

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Comments (13)

  1. Posted by guest | October 25, 2012 at 6:20 PM

    Last tag FTW

  2. Posted by Guesto | October 25, 2012 at 6:41 PM

    As low as $550000

  3. Posted by Lowly Assistant | October 25, 2012 at 7:02 PM

    Is that a Pringles mustache across her breasts, or is she just unhappy to see me?

  4. Posted by Financial Samurai | October 25, 2012 at 7:17 PM

    $550,000 ain't bad considering an MD base is typically "only" $450,000. If a $100,000 bonus and no bonus is the minimum on top of such a huge base, let's PARTAY BABY!

  5. Posted by notkidding | October 25, 2012 at 8:21 PM

    Google Image search for the dominatrix comes up with Biff Baffness

    - Guy who wanted to find out what movie that was from and fap to the clip

  6. Posted by Guest | October 25, 2012 at 10:19 PM

    trust me, you don't want to experience Vandersexxx

    -He said as he limped away

  7. Posted by Guest | October 25, 2012 at 10:28 PM

    Hopefully occupy doesn't read the WSJ

  8. Posted by n00b | October 25, 2012 at 10:38 PM
  9. Posted by Edmund | October 26, 2012 at 12:20 PM

    Nice intent n00b but … denied!

  10. Posted by Just sayin... | October 26, 2012 at 12:55 PM

    Hey Occupy. I bet if you were offered this role making that much, you'd hop on it faster than it takes Levine to whip up a chart.

  11. Posted by Financial Samurai | October 26, 2012 at 1:19 PM

    Is there a fella named Occupy out there? Don't know who you're referring to.

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