Would IB salaries would have increased wo Goldman 13?

At the beginning of this year, a working conditions survey (the "GS13") made widespread news. 

- Since then a lot of investment banks have announced quite pronounced salary raises.

W/O this survey, would salaries would have increased? 

Thoughts? 

6 Comments
 

Maybe it was just the spark that lit the fire. If not that then maybe some other thing would have done it. It’s like saying did covid cause a recession, like yea prob made a difference but after a 10 year expansion, generally economies are kinda ready for a recessionary period according to current economic thought of the economic cycle. I could be very wrong though !

 
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