Stifel Canada Paying $0 for Bonuses This Year
Canada is not paying a dime in bonuses this year. All “bonuses” will be paid as a forgivable loan, only forgivable if you stay with the firm until December 31, 2023. If you leave before or if they fire you for anything you have to pay back the whole loan with interest. This applies to everyone from An1s to MDs. Moral is insanely low right now. Like this will keep anyone from jumping ship.