4 ms·
While I wholeheartedly agree with your sentiment, I wonder about the estimated figures. What’s the staff size of CS - could it be 10,000 top managers. Or 1,000
by ssss11 4y ago
While I wholeheartedly agree with your sentiment, I wonder about the estimated figures.
What’s the staff size of CS - could it be 10,000 top managers. Or 1,000 top managers but over ten years becomes ~5,000 if turnover averages at every 2nd year.
Despite investment bank bonuses being very high compared with other industries, 32mil is just too insane to believe!
- seanhunter 4y agoAs others have said, there are 40000-ish employees almost all of whom will have some sort of bonus provision in their compensation. That doesn't mean every year they get one, it doesn't mean everyone gets a big one. There will be a handfull of big swingers who get or expect tens of millions, but the vast majority of folks in an investment bank would get a bonus in the thousands or tens of thousands. It's typically anywhere from 20% of base to a couple of times base depending on how well the firm did as a whole, how much your team/division contributed to that and how good your own appraisal/performance was.