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A lot of finance firms have a “you eat what you kill” model where the compensation pool is a direct function of how much money the desk makes. So if you hire mo
by esoterica 6y ago
A lot of finance firms have a “you eat what you kill” model where the compensation pool is a direct function of how much money the desk makes. So if you hire more people to do the same amount of work then yeah, the bonus pool gets divided more ways and each person makes less money.
- arrosenberg 6y agoSure, but finance is the exact last place we want to look for sustainable, value-producing business models.
- jakear 6y agoTo be fair legal shops often have the same policy. (Bonus = your billed hours/total billed hours * surplus)