Bonus Watch '12: Barclays VPs

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The mood: less than enthused.

Second (going into third year) fixed income trading VP at Barclays: bonus = $130k. $100k cash cap for everyone. The balance was split 50/50 between deferred cash and stock, both of which vest on a 3-year schedule. Happily, the Fed is keeping rates at 0 forever, so that $5k we're due in 2015 is worth $5k today...Also, a round of cuts for EDs and MDs is coming soon. Bitterness, listlessness, and enervation describe the prevailing mood.

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