For those of you whose workload has doubled (if not tripled) due to attrition + hiring freeze, are you expecting a comp increase next year for your extra work? Or are we just “helping” the bank save more money with no added benefit?
7 replies (most recent on top)
Expect another year of RECORD GROWTH with slashed bonus pools…
This year will be "we're lucky to keep flat" (or "be down only xx%)
Insert excuse here:
- the whole street is down
- trading revenues down (even though we work in Retail)
- U.S. consumer weakness (even though we work in Trading)
- because we're cheap b@stards who only want to line our own pockets
OR All of the Above..
0%
"Pools were cut across the board....We are lucky we got this..."
Rinse and repeat next year.
If you have to ask...
Will be surprised if it is as high as 2.5%
If you are lucky you'll get 2.5% raise. I wonder what excuse they will use this year.