What is this “bonus” thing they speak of? It sounds like their company just gives them money for no reason. I don’t understand it.
Beats me but maybe Toddster can help. Perhaps he can tell just how Wall Street companies make so much money and who is really getting hosed.
What is this “bonus” thing they speak of? It sounds like their company just gives them money for no reason. I don’t understand it.
A lot of these guys are only making $500,000 or $750,000 a year. The real money — the $2 million or or $3 million — is in the bonus, which is (ideally) based on performance.