Blog: Archive for the “Compensation Report” Category

This morning the Financial Times reported that UBS expects to reduce its investment banking bonus pool by one-third, as it continues to cope with mortgage-related losses. Although UBS has already shed 12% of its banking work force, the bloodletting is still not over, with 500 more layoffs expected. So, even though the pool of bankers … Read More  

Is $84 million too much for one year of work? We won’t weigh in on Oracle CEO Larry Ellison’s recent pay package, but it seems that there is momentum building for Congress to engage in the debate. The Christian Science Monitor offers dizzying statistics (the average CEO is paid $10 million+, 344 times what the … Read More  

Top of mind for many candidates these days is the post-MBA job situation – what will the economy be like in three years time? While it is difficult to predict what will be, the trend for those who are graduating now has been to accept non-negotiable offers, consider other professional areas or… move overseas? This … Read More  

This morning, the New York Times (“Rich and Rejected”) reported on a a familiar story and a surprising trend.   The familiar story is that banking bonuses are expected to fall by 30-40% this year, according to compensation consultants. Further, these consultants expect that bonuses will not increase again until 2010 . The surprising trend is … Read More  

This morning, the New York Times cited a report by independent research firm Portales Partners and speculated that “bloodletting will continue at a fast and furious pace.” What is at the heart of this speculation? Portales studied the banks headcount and revenue growth since 2004 and determined that if revenues were to fall back to … Read More