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Bonuses To Be Bumped Down*

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This Options Group, which tracks all things pay and hiring related on the Street, thinks bonuses will decline as much as 5% in 2007. This would be the first bonus cut in 5 years. Usually more concrete discussions about year-end bonuses start to happen in October and the potential pool becomes clearer. Our current intelligence on this is skeptical: it's really too early to tell.
Watch the LBO market, though. If those buyouts fall apart, it could indicate deeper problems that will hit your bottom line.
Credit Woes Threaten Bonuses On Wall Street [New York Post]