Greenhill & Co has zero pretensions of secrecy when it comes to bonus time. The boutique investment bank gathers all MDs in one room and every senior level person gets to see exactly how much each person is making.

“Every partner knows what every other partner makes …It’s a very open environment … every managing director will see what every managing director [makes]” say Greenhilll execs in an audio interview from Reuters’ Investment Banking Summit.

Says Greenhill President Scott Bok: “I always joke that it makes us more productive than other firms, because at other firms you spend the whole month of January trying to figure out what the guy in the next office got paid. With us you can dispense with that, because you hand it out and there it is and now you can get back to work.”

Anyone know how they disseminate the info to the minions?