• 22 Jan 2014 at 7:13 PM

Bonus Watch ’14: JP Morgan

If you liked last year’s bonus, you’re gonna love the one coming your way this week.

JP Morgan is telling employees this week about their 2013 bonuses, and most workers are not getting pay increases for the year thanks to the bank’s massive legal bills, a person familiar with the matter said. Overall compensation per employee was roughly flat with 2012, just as managers had warned employees in November, said the person who was not authorized to speak publicly. While some individuals are getting more money, their payouts have come at the expense of others.

Most JPMorgan employees get no raise as legal bills mount -source [Reuters]

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Comments (5)

  1. Posted by Rebecca M. | January 23, 2014 at 7:27 AM

    "Some tellers in bank branches were also replaced with financial advisors selling investment products."

    Glad to see those Series 7 licenses are paying dividends.

  2. Posted by MFIN Grad | January 23, 2014 at 11:15 AM

    It's not about the money

    -Jonah

  3. Posted by Rebecca Martinson | January 23, 2014 at 11:21 AM

    Correct. Whose dick do I have to suck to… ehhr.. to… dunno. Whose dick do I have to suck?

  4. Posted by DIY Bonus Guest | January 23, 2014 at 11:31 AM

    How much are the gently used zip fleeces getting on ebay?

  5. Posted by guestie | January 23, 2014 at 12:22 PM

    "Gently used" = masturbated furiously into less than 5 times.