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Bonus Scorecard
February 22, 2012
[ by Melanie Gretchen ]
With BNP Paribas, Societe Generale, and UBS having recently announced firm-wide bonus cuts, we now have statistics on 11 different firms that can be compared. Average firm-wide cuts ranged widely, from 15% to nearly 50%.
And, firms in the U.S. and abroad employed various ways to limit their expenses, such as: curbing pay, or changing compensation formulas - e.g., offering less cash and more stock, or deferring a greater percentage of total pay.
The information in this chart was compiled by Bloomberg News. See its link below.
For further details, go to [Bloomberg, 2/21/12].
For further details, go to [Bloomberg, 2/21/12]. Related Stories: Archive
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