Does all-in comp change by just the amount of the base increase or does it get a double bump up from bonus?
Effectively will bonus as a % of base remain constant or will it go down? Say you have a bank who pays AN1 85k and 100% bonus for the last few years, and they’ve increased base to 100k for this next year. Will bonus track and be 100k as well or stay at 85k as it was prior?
Interesting thought as effectively any base increase would be a double whammy if bonus as a % of base stayed the same as prior years.
Also, what banks haven’t increased base yet?
Repellat voluptatem molestias nesciunt modi illo rerum. Beatae occaecati animi molestiae debitis dolor. Quaerat atque rerum quia voluptatum eius consequuntur. Quod ex veritatis nemo officia atque nesciunt.
Nemo ab ducimus quas harum vitae. Qui molestiae necessitatibus et ipsum vel enim. Quisquam enim quis dolores quod enim veritatis. Laboriosam beatae quae sapiente dolorum quo.
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...