From today's Post:
Senior Execs:
Group Head
$2.5M-$6.5M+
Managing Director
$800K-$4M
Director/SVP, class of ‘98
$600K-$1.3M
Director/SVP, class of ‘99
$550K-$1.1M
Vice Presidents:
VP, class of ‘00
$500K-$925K
VP, class of ‘01
$450K-$825K
VP, class of ‘02
$400K-$675K
Junior Execs:
Assoc., class of ‘03
$325K-$525K
Assoc., class of ‘04
$300K-$400K
Assoc., class of ‘05
$250K-$350K
Back in December, a bunch of recruiters made the bold claim that following the government's charges against former portfolio manager Mathew Martoma, SAC Capital employees were, if not giving them the time of day, at least waiting a few seconds longer before hanging up the phone. At another firm, the turn events probably would have been cause for concern that the staff would be abandoning ship in short order. Since we're talking about SAC, though, we figured not only would The Big Guy & Co not be concerned about the prospect of mass resignations but would take the opportunity to remind people that this is SAC Capital and at SAC Capital, they don't receive resignation letters, they only issue pink slips, lest anyone be getting any ideas. So you can imagine our shock and horror to find out this happened: