From HuffPo: It’s the end of the financial world as we know it. Yes, the
typical Goldman Sachs employee may soon not be a member of the one percent.
Average compensation at one of Wall Street's most
historically well-paid investment banks is set to drop by nearly $100,000 per
employee on average by the end of 2013, thanks to a combination of increased
regulations, penalty fees and fewer deals, according to a recent study by
JPMorgan Chase cited by FORTUNE. That means the average Goldman employee will
make $314,000 per year.
Last year, a $368,000 income was necessary to rank among the
top one percent of earners, according to FORTUNE. That may not go over well with Goldman
employees. The scene at Goldman last year around bonus time was described as
"a blood bath," according to one worker…..
Grab a hankie and keep on reading at http://www.huffingtonpost.com/2012/09/11/goldman-sachs-pay_n_1874164.html
No comments:
Post a Comment