bonuses

Wall Street bonuses expected to surge this year — here's which bankers will benefit most

Wall Street firms are expected to hand out bigger bonuses this year as investment banking, equity markets and fixed income trading make major rebounds, a survey showed.

Wall Street regulators seeking to limit bonuses of big bank execs: report

Executive pay on Wall Street has long been a hot-button issue

Junior bankers say they'll quit after bonuses fall — but top 0.1% celebrate soaring market and plunging private jet costs

Low-level bankers didn't get the 100% bonuses they expected but the biggest bosses are smiling: stocks and Bitcoin are up and jet charters are down.

Boeing CEO Dave Calhoun will walk away with at least $24M despite failed tenure -- and possibly much more

Dave Calhoun, the top executive at the embattled aerospace company, will leave with at least $24 million, according to an analysis of his portfolio.

Target doubling bonuses for its salaried employees this year: report

Target is reportedly doubling bonuses for its salaried workers this year in a display of financial strength -- despite a challenging year for the retailer during which it reported its...

Wall Street bonuses drop 2% in 2023 despite banks' higher profits -- here's why

The slight dip came even as Wall Street profits were up 1.8% last year, according to the annual estimate from Thomas DiNapoli, the state’s comptroller.

Boeing resorts to bonus incentives to ensure workers build planes that don't lose parts midair

Embattled airplane manufacturer Boeing said it's overhauling its bonus structure to tie payouts more closely to safety as it scrambles to recover from the crisis caused by the Alaska Air...

Wall Street bonuses fall short of already-low expectations: 'Absolute s--t'

Finance-focused social-media account Litquidity has been barraged with junior bankers complaining that bonuses were a “bloodbath” and “across the board bad news.”

Brooklyn DA aide accused of trashing Jewish staffers on leave for last six months got secret $15K bonus, outearned boss

Brooklyn District Attorney Eric Gonzalez awarded his former chief of staff a $15,000 bonus -- despite fielding numerous complaints that she bullied underlings and trashed Jewish staffers, The Post has...

JPMorgan CEO Jamie Dimon gets $36M pay package, 4.3% raise in 2023

JPMorgan's board awarded chief executive Jamie Dimon a 4.3% raise in 2023, lifting his annual pay to $36 million after the bank posted record profits for the fiscal year. The...

Your work bonus could be much smaller this year -- here's why

In December, the average bonus paid by U.S. firms was about $2,145 – a 21% decline from the same time one year ago, according to new data published by payroll software company...

I just quit -- but why am I being denied my bonus for last year?

I waited until the new year to resign so that I could receive my bonus for 2023, but my employer said that I have to be employed at the time...

Goldman CEO David Solomon plans paltry bonuses to nudge out laggards

With compensation slated to be announced the week after next, laggard employees are more likely to get a piddling year-end payout than a pink slip, according to sources close to...

My boss gave me lingerie for Christmas — should I make a complaint?

My boss, who’s been quite attentive to me, gave me frilly lingerie as a Christmas gift. When I expressed outrage he claimed it was his assistant’s mistake and it was...

Chinese company links annual bonuses to how many miles a worker runs each month

A Chinese paper company has introduced an unorthodox strategy to motivate employees to live a healthier lifestyle -- by tying bonuses to their levels of physical activity.

Citi to pay bonuses for most of 2023 to workers laid off in massive overhaul: source

The news comes at a time when the bank is undertaking a sweeping reorganization that is expected to be complete by the end of the first quarter of next year.

Goldman Sachs could face exodus over shallow bonus pool: sources

“They know they f–-ked up compensation a year ago and so they promised people if they stayed they’d pay them,” a source with knowledge of the compensation process said. 

Here’s how Wall Street bosses are hoping to get rid of laggard bankers this year

“Everyone thinks they are a top performer,” a source told On the Money. “Many aren’t self-aware.”

Goldman to hand out fat bonuses to top performers despite bank's tanking profits: report

Goldman Sachs is planning to dole out fat bonuses to its star bankers, according to a report -- despite tanking profits at the bank and reports that this year will...