IN THE NEWS: Wall Street Expects Lower Bonuses

With Wall Street bracing for lower bonus payouts with respect to last year, it will be interesting to see how the firms structure the bonuses — cash vs. company stock?  We should see increased employee mobility, typical after bonus season.  In these unique times, it is always good to explore options and understand the documents you have signed with your employer.

While not always an available option, if practical, try to address bonus structure at outset of employment or when agreements are renegotiated.

Bank Pay to Be Lowest since 2008

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