Anyone else heard that pool of money for raises and bonuses will be almost half of what it was last year?
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What about the fixed-income group? Has anyone heard how the bonuses are this year?
I just heard from a friend that bonuses this year have been cut. Is anyone else experiencing this?
I agree with last post; my team's pool is up as well. TBH they did a great job with the math and explanation this cycle. For a change I didn't have to make too many edits.
Finalised my teams comp and award today and its up across the board. So stop scaremongering.
Bonus pool is down 10% across the board. Raises are consistent with the last several years.
IF you get scraps off the table, $hittyBank is known for not even giving a d@mn bonus to some
Post ID: @mvn+1vVtuOSY Don't forget about the US$900 Million Fvck Up Free Money Citi gave to Revlon's creditors by accident because Citi is technologically on the cutting edge with cryptic, vague User Interfaces and software.
U.S. District Judge Jesse Furman approved Only $400 million be returned to Citi, which means Revlon's creditor were permitted to keep a measly US$500 Million.
This $500 Million could have gone into CEO Insane Jane's, the MDs and Directors' pockets!!!
How dare the Judge take food from their mouths!
Half of Zero is Zero !
Fake news
Wait till next year and its coming. Parachutes are going to come from all sorts of places and the money has to come from somewhere. That is, you.
Expecting more and more off employees every day and month while giving less and less in return, Jane will get her big rise and bonus though just like 2023 while the rest get the scraps
As usual @ $hittybank, exiguous salary increases and bonuses. JPMC and Goldman employees are Laughing their A$SES off at $hittybank employees, throwing pennies at the Sad, Pathetic Penurious $hittybank mendicants because they work for the Dysfunctional Laughing Stock Joke Freak $how "Bank" of Wall Street. LMFAO!
Pay raises are small across front and back office - the diff is only in the bonuses, but then again - with the inflation and higher taxes recently why would anyone in front office want to work 80h weeks and get 10% more after tax than someone working less than 35h a week in back office...
I heard the raise range for my area will be 1.5% to 2.5%.
Bonus pool is half of what it was last year.
If you are in a cost center, you wont get a lrge bonus.
In aml, you are oaid well, but merit raises are a measly 2%
The usual fear mongering here. It's not half-that's patently false and you can see it in the accruals bonus throughout the year... the overall pool isn't really a secret. They are flat to down and that's in non-revenue generating positions. Bankers, etc might get paid up depending on deal flow
The largest bonus I ever got from Citi was more than 20 years ago! Ever since it's been a joke. After taxes last year I had just enough to take my family of three away for a weekend at the beach a few hundred miles from home while MD's went to the Hamptons for two weeks!
🤣🤣🤣🤣 my bonuses keep going lower here… i believe it.