What is the latest on the bonus pool & funding considering it will be communicated by next week. Obviously will be different across different LOBs but any indication of what has been approved yet as % of target?
15 replies (most recent on top)
So if the bonus pool is between 80-100%, and there is a % based on your rating and risk overlay, should one be getting a bonus in the target range? How is the bonus then set based on the above 2 variables?
no mass email went out on bonus pool levels so if you received one, please share! inquiring minds..
Amazing that if people just read their emails, these posts wouldn’t be necessary..
From my understanding the amount of funding depends on one's pay band and rating. All bands are below 100%
my manager said the pool is far lower than ever
@1fkc+18ZR0BJD
It was done to mirror most other banks on the Street, namely JPMC
Why are bonus' being done in February this year?
Those whose bonus target was up to $5,000 = 100% target
Those whose bonus target was $5,001 - $49,999 = 90%
Those whose bonus target was $50k+ = 85% target
80%
80% of Target is what I overheard.
Oh no OP. Tell me you didn’t buy that big screen TV!!!
Remember it is
- Get bonus
- Buy big TV with bonus money
Never buy the TV before the bonus
its a fair question, esp here
Just left a meeting with Charlie the Sharkey. 100% target for bonuses will be paid out to everyone. Merry Christmas. Pass it on, it’s true I promise.........
What's the point of getting your panties in a bunch about it? The numbers will be the numbers regardless of what you know about them.
FFS - stop it already. You'll find out next week like everyone else. What are you expecting to hear here?