2006 Bonuses
By BankersBall on Nov 6, 2006 in Salaries
Bloomberg’s 2006 bonus projections in table form. General notes on overall pool below.
| |
|||||
| Ranking | Goldman | Morgan Stanley | Merrill Lynch | Lehman Brothers | Bear Stearns |
| Total Comp | $16.9 | $14.0 | $16.1 | $8.7 | $4.4 |
| Bonus Pool | $10.2 | $8.4 | $9.7 | $5.2 | $2.6 |
| Employees | 25,647 | 54,349 | 55,300 | 24,775 | 13,000 |
| Average Comp | $658,946 | $257,594 | $291,139 | $351,160 | $338,462 |
| Average Bonus |
$397,707 | $154,556 | $174,683 | $210,696 | $203,077 |
| Total comp & bonus pool in billions. Source: Bloomberg | |||||
- US workers at Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman & Bear Stearns (which together account for 2/3 of Wall St capital, according to the SIA) will reap $36 BN in bonuses this year, up 30 percent from last year, reports Bloomberg, driving median bonus up to $200,000.
- London’s financial service workers are projected to get an estimated $16.7 BN, according to the Centre for Economics and Business Research as cited by Bloomberg.
- UBS: M&A bankers will see bonuses increase vs. fixed income traders whose bonuses will remain flat over last year
On Nov 7, 2006, Michael Anders said:
I hope to be making a chunk of money like that in the next 5 to 10 years (considering that I’m only 19 now).
On Dec 15, 2006, mrs benn said:
Morgan Stanley staff in NY, London, angry tonight over employees’ 2006 bonuses - way below expectations and below Goldman Sachs staff bonuses- despite company’s record year. Expect large scale defections in early 2007.
On Mar 18, 2008, brian said:
That turned out well for BS… I bet they could of used some of that bonus money this year!!!! HA!HA! Suckers…