Goldman Bonus Pool Halved?!?
I heard that Goldman has halved its bonus pool from 20 billion (expected) to something more like 10 billion! Can someone confirm this?
I heard that Goldman has halved its bonus pool from 20 billion (expected) to something more like 10 billion! Can someone confirm this?
+233 | My chaotic IB journey | 27 | 5h | |
+211 | MS M&A vs GS HC | 48 | 13h | |
+176 | Ending My Life if I don't get an SA 2025 Offer | 63 | 21h | |
+115 | Anyone live in a different country before? What’s it like? | 43 | 15h | |
+72 | Hazing in the Bullpen. What to do? | 15 | 6h | |
+53 | MD shoved food down my throat. Is this normal? | 16 | 19h | |
+39 | Improving in TMT | 11 | 3h | |
+35 | Basically necessary to be a varsity athlete to get BB IB from Bowdoin? | 22 | 1d | |
+34 | Later Chodes - I'm Taking My Talents to The Mega Fund Leagues | 8 | 1d | |
+19 | Too late to be Analyst 1 with 5 years of experience? | 16 | 2d |
Career Resources
source? where did you hear that, friendster?
x
Heard that a significant portion of the reduction was due to caps placed on UK bonuses.
Any truth to that? Seems reasonable.
Fourth Quarter Earnings Per Common Share Were $8.20 Compensation and Benefits Down by $4 Billion or 20% from 2007 Lowest Ever Annual Compensation Ratio
The firm’s 35.8% ratio of compensation and benefits to net revenues was its lowest as a public company. While net revenues in 2009 were only 2% lower than the firm’s record net revenues in 2007, total compensation and benefits was 20% lower, representing a reduction of $4 billion.
There's something known as a Goldman discount due to its high brand name.
Sit ut iste at nihil quas. Voluptates quaerat quis ex nesciunt dolorem rerum nemo. Dolor qui dolore et eum et atque est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...