Comp Watch '09: Credit Suisse Raising Base Pay?


Possibly, according to an employee of the less tax evade-y Swiss bank in town, who overheard the change being discussed by management in an 11 Madison Avenue elevator last night. Obviously don't get too excited, though, as it's not really going to translate to more money (or ability to make payments to the bank of your ex-wife)-- apparently the increase in salary comes with a decrease in bonus (putting the Douganettes in good company.)