It was well publicized that CS got screwed on bonuses. How bad were they really? Were salaries bumped accordingly? If so, what do 1st, 2nd, 3rd years make now? There's a lot of hearsay but haven't seen much definitive out there. Also, are people content to stay or are people jumping ship to where CS resembles UBS circa 2009?
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I don't think it was the compensation numbers as much as the structure that upset some people. From what I heard any bonus amount over $50,000 was deferred over 4 years. Don't think this applies to analysts though...I believe they were actually paid pretty well last summer.
I actually heard it does apply to analysts... underscore "heard"... I wouldn't be surprised if banks stated adopting this type of bonus structure - some banks already to for the senior people (i.e. Directors and above), though it sucks to screw the analysts like this...
bump
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