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Lower year-end bonuses at financial services firmsPosted by RJ and Makay on Dec 06, 2011 |
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U.S. financial services professionals can expect sharply lower incentive payouts at year’s end compared to 2010, according to compensation analyses by Johnson Associates Inc. Year-end incentives dropped significantly in 2008 during the economic crisis, though rebounded in 2009 and 2010. Johnson Associate’s analyses is derived from public data from eight large U.S. investment and commercial banks and ten of the of the biggest asset management firms.
