2022 Compensation - What Are You Guys Expecting?
What are you guys expecting on comp this year and what would you be happy with? Imagine folks at BB are expecting less than EBs given that revenue at a lot of EBs has held up.
I'll start. I'm an ASO3 at EB and made ~$525k all-in last year as an ASO2 (ASO3 apparently was ~$600k). I'm setting expectations at ~$525k for this year, would be happy with $550k+ this year, and would be irate if all-in was a dollar under $500k.
Layoffs
This is extremely optimistic. We should revisit this thread once bonuses actually get paid out.
Deal flow (i.e. completed deals) are down significantly YoY, but you guys believe bonuses will be slightly down to flat compared to last year.
I love how this is a thinly veiled flex thread
yeet
(Deleted because every time I make a revealing post on WSO I get a LinkedIn notification that an abnormal amount of Banking Analysts have searched for me)
Your bonus this year should be not getting fired. Business is down 50%+ and you guys are expecting a 20% y/y reduction from elevated numbers?
Yeah buckle up kids. You’re all about to find out just how much society values our admin work.