Wall Street bonuses set to crater


I’m lucky, in this day and age. I have a job, my firm is making money, and I might get a little piece of it. My bonus should be a couple of thousand bucks — if I’m still employed when that time rolls around and if — thanks to missing four days last month while recovering from a life threatening injury in the trauma ward of a local hospital — I don’t miss a single day of work between now and then. So cry me a fucking river:

During the first nine months of the year, Goldman set aside an average of $292,836 of pay per employee, down 21 percent from $370,706 for the same period last year. But much of that pay was set aside in the first two quarters of the year. In the third quarter, the bank set aside just $46,000 per employee, down an eye-popping 57 percent from the same period last year.

Comments

  1. says

    Bonus time in my company is in March. It’s usually not much, a couple of hundred that taxes take a big chunk out of. But then my company is also buying small fry like there’s no tomorrow. Which is interesting…

  2. jufulu says

    I feel kinda sorry for them if they got use to the bonuses and started a life style that included them as expected income. I imagine that they could have problems paying bills and may even lose their homes.

Leave a Reply