More 2006 Bonus Figures
By BankersBall on Nov 7, 2006 in Salaries
The WSJ and the NY Post are out with more industry-wide figures on bonuses.
Bonuses are expected to increase:
- 15 - 20% over last year (WSJ citing the Options Group)
- 10 - 15% over last year (WSJ citing Johnson Associates)
The biggest winners:
- M&A bankers & those who service PE firms
- Prime brokerage & hedge fund servicers
- Asia & BRIC
The biggest losers:
- energy traders
Average comp: (WSJ citing Options Group)
- I banking, Global head: $10 - $12MM
- I banking, MD level: $2.2 - $3.8MM
- I banking, 1st assoc: $300 - $425,000
Related stories: 2006 Bonuses
On Nov 9, 2006, Tell it Like it Is said:
Bankers Ball: Is the range for 1st Associate a misprint (should it be SVP or even VP). Just curious, and if that is right (which it probably is since that would be an easy catch) then I definitely will stay on to associate. damn!