Is finance compensation decreasing?
Is comp on in IB and PE decreasing every year? I've heard people argue that since bonuses are getting smaller each year, tech is looking to be a nice alternative to IB and PE jobs because of an overall lower revenue coming to banks and PE firms.
Are bonuses actually decreasing or is this just a falsehood to make finance look bad? Obviously bonuses arent comparable to what they were like in 2007 but has there been a large decrease say 2012 to the present for example?
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