Yes - have you not seen Guy Hands moaning how today's graduates "only care about pay" (while he himself living in Guernsey/Jersey and not seeing his kids for tax avoidance reasons)?
Edit: not sure if I can link, but quote from article below (can find if you google the text). The 5-yr lockup is dead giveaway.
"Now, starting salaries for those joining its graduate programme are £35k ($42.6k) - a 50% reduction on previous years - and there are no cash bonuses. There is, however, something far more exciting for young people struggling to get a foothold in London: Terra Firma will put money aside so that its young employees can put a deposit down on a house.
How much money? Speaking at a conference this morning, Terra Firma founder Guy Hands didn't say exactly. He did say: "We'll pay for a deposit on a house in London...40% of the average cost of a house in London - in a good area.""
Saw that and saw about bonuses for a house or whatever but damn that’s rough - to be fair his shop is dead all their deals went sideways don’t even think anyone at my bank covers the name even on a purely “transactional” basis...
Enim natus nesciunt tempora nam qui quae omnis beatae. Quae eveniet natus error quidem fuga. Temporibus omnis eligendi voluptatibus iste cum. Sunt modi provident excepturi. Iusto accusamus et mollitia autem.
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)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
Ooooooooh Terra Firma..suggest you look into them a bit before going there.
Take the MMIB.
Are they really paying 35k py? that is Big 4 level jeezz
Yes - have you not seen Guy Hands moaning how today's graduates "only care about pay" (while he himself living in Guernsey/Jersey and not seeing his kids for tax avoidance reasons)?
Edit: not sure if I can link, but quote from article below (can find if you google the text). The 5-yr lockup is dead giveaway.
"Now, starting salaries for those joining its graduate programme are £35k ($42.6k) - a 50% reduction on previous years - and there are no cash bonuses. There is, however, something far more exciting for young people struggling to get a foothold in London: Terra Firma will put money aside so that its young employees can put a deposit down on a house.
How much money? Speaking at a conference this morning, Terra Firma founder Guy Hands didn't say exactly. He did say: "We'll pay for a deposit on a house in London...40% of the average cost of a house in London - in a good area.""
Saw that and saw about bonuses for a house or whatever but damn that’s rough - to be fair his shop is dead all their deals went sideways don’t even think anyone at my bank covers the name even on a purely “transactional” basis...
Yes - were not considered a credible buyer when I was in banking either. Think OP's question is answered...
Enim natus nesciunt tempora nam qui quae omnis beatae. Quae eveniet natus error quidem fuga. Temporibus omnis eligendi voluptatibus iste cum. Sunt modi provident excepturi. Iusto accusamus et mollitia autem.
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...