bonuses

  • 11 Feb 2013 at 3:49 PM

Bonus Watch ’13: RBS’s Chairman Doesn’t Give A Baker’s Fuck If Parliament Thinks His CEO Is Overpaid

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Philip Hampton isn’t going to go so far as to say Stephen Hester earned it but he is going to just put it out there that other bank CEOs get paid a lot more.  So if you think about it, Hester is barely making enough money to put food on the table. Relatively speaking. Read more »

  • 08 Feb 2013 at 4:52 PM

Bank Of England Committee Member Proposes Deferring Decades For A Decade

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Bankers’ bonuses should be deferred for as long as 10 years to hold executives accountable for risks, said Robert Jenkins, a member of a Bank of England committee charged with ensuring financial stability. “Five years might or might not be appropriate for some categories of risk, but if we are going to rely on remuneration as a key driver of financial stability then it should probably be between five or ten years,” Jenkins said in an interview yesterday in Washington. “Ten years would capture the majority of risk cycles and therefore the gains and losses that came from any risk that was taken today.” [Bloomberg, related-ish]

  • 08 Feb 2013 at 2:04 PM

Bonus Watch ’13: Barclays Managing Directors Have Something To Look Forward To In 2016

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If you like delayed gratification you’ll love the payment plan management has come up with. Read more »

  • 01 Feb 2013 at 12:32 PM

Bonus Watch ’13: Deutsche Bank

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The good news: there will still be bonuses this year, which is something. The even better news, for the tantric bonus fans among us: it’ll be a while before you see it all. Read more »

  • 29 Jan 2013 at 5:17 PM

Bonus Watch ’13: Jefferies CEOs

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Dick Handler ended up doing pretty okay for himself. Read more »

  • 25 Jan 2013 at 6:40 PM

Bonus Watch ’13: Bank Of America

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Apparently some did not fare as well as others. Read more »

  • 25 Jan 2013 at 4:20 PM

Bonus Watch ’13: Bank Of America

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A few details from the House of Moynihan’s IBD bonus communication day, which was said to leave people feeling “glum.” Read more »

  • 24 Jan 2013 at 6:38 PM

Bonus Watch ’13: Morgan Stanley CEOs

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The bad news: James Gorman’s pay fell 30 percent this year. The good news: he’s now in a position to show employees how to take these setbacks like a man, rather than grumbling like someone who puts their compensation in a one-year context to define their overall level of happiness. Read more »

  • 23 Jan 2013 at 4:24 PM

Bonus Watch ’13: Credit Suisse

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A few details from the House of Dougan’s bonus communication day. Read more »

  • 18 Jan 2013 at 10:52 AM

Bonus Watch ’13: Goldman Sachs

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A few details from yesterday’s big day. Read more »

  • 15 Jan 2013 at 4:09 PM

Bonus Watch ’13: Jim Gorman Gives Employees The Option To Either Take Their Bonus In Three Easy Installments

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Since taking the reins at Morgan Stanley in 2010, CEO James Gorman has guided the firm with a managerial style that boils down to telling people, more or less: You’ll get it when you’ve earned it, “it” being anything from personal space to money to his respect. On the point of compensation, last year he told employees complaining about what they were paid to either open a newspaper and get over themselves or do everyone a favor and quit. Today brings news that this year, he’s doubling down on that mandate and daring anyone to make something of it. Read more »