would you pay to work?

Forget your shitty bonus, imagine having to pay back a month's salary.

Salary cutbacks (called "unified payroll") for contract workers at the public sector set to be finalized today. Cuts to be valid retroactively since november 2011. Expected result: Up to 64.000 people will work without salary this month, or even be asked to return money. Amongst them 21.000 teachers, 13.000 municipal employees and 30.000 civil servants.

http://www.theatlanticwire.com/global/2012/02/some-greeks-might-have-pa…
 
<span class=keyword_link><a href=//www.wallstreetoasis.com/company/credit-suisse>CS</a></span> Arb:
Well given that they haven't paid taxes in years and retired when they were 58 at 80% of their salary, paying to work a month doesn't seem so bad huh?

Always amazed by the type of problems that result from socialist policies backfiring.

 
Abdel:
<span class=keyword_link><a href=//www.wallstreetoasis.com/company/credit-suisse>CS</a></span> Arb:
Well given that they haven't paid taxes in years and retired when they were 58 at 80% of their salary, paying to work a month doesn't seem so bad huh?

Always amazed by the type of problems that result from socialist policies backfiring.

Damn straight.

"When I was young I thought that money was the most important thing in life; now that I am old I know that it is." - Oscar Wilde "Seriously, psychology is for those with two x chromosomes." - RagnarDanneskjold
 

Nihil voluptatem culpa eaque commodi magnam dolore. Omnis omnis accusamus incidunt vel itaque. Dolore doloribus velit eveniet animi nesciunt. Dolorum quis et et suscipit aspernatur consequatur.

Quo aut consequatur nulla nulla dolor. Debitis sit suscipit ut dolores alias praesentium iste. Dolorem rem est provident quo ut. Et maxime et officia delectus.

Corporis beatae veritatis sequi amet cum eaque impedit. Et consequuntur facilis deleniti placeat velit. Ut est consequatur rerum consequatur perferendis suscipit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”