More like 100
Posted by Anonymous on 12/31/1969 at 03:00 PM
Bonus Watch: The Recycling Continues
Wednesday, November 30, 2005 - 9:01 am
Andy Serwer, Editor at Large at Fortune, is the latest journo to chime in with a bonus prediction. Problem is, it sounds like everyone read the same article a few weeks ago and is just recycling the same prediction. But since we can't get enough of this stuff anyway, we'll be complicit and give Serwer some airtime here:
Okay, so just how big will the bucks be? Jacques Nordeman, CEO of Nordeman Grimm, an executive-search firm that specializes in recruiting top-notch Wall Street bankers, says that top performers among his clientele can expect to see bonuses 20% to 30% higher this year than last. For investment bankers at the top of the food chain (those with at least ten years' experience and base pay of about $250,000), we are talking about bonuses as high as $2 million to $3 million or more. That's some serious scratch.That would pay for how many cub reporters' salaries, Andy? 50? 75? Conspicuous Resumption [Fortune]
Comments:
Page 1 of 1 pages
Next entry: Where's Maria's Hand and Why's Whitehead Smiling?
Previous entry: A.G. Edwards Employees Loving That Payout Ratio
