WSJ: Street's Weather: Bonus Showers [View All]

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Street's Weather: Bonus Showers

Compensation Is Set to Rise 20%, But Some Bond Players May Find
That They Will Come Up Dry
By SUSANNE CRAIG
Staff Reporter of THE WALL STREET JOURNAL
November 8, 2005; Page C1

NEW YORK -- Wall Street executives are gearing up for a bonus bonanza this year but some of the players who pocketed big payouts in previous years may not be so lucky this time around.

Overall, compensation on Wall Street is expected to go up an average of 20% this year and many executives will see even bigger gains, according to a soon-to-be-released study by New York-based executive search firm Options Group.

Investment bankers, who arrange mergers and stock offerings for corporations and have received a smaller percentage of the bonus pie in recent years, are expected to be among the Street's biggest winners this year, with compensation rising 20% to 25% on average, according to the study.

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Write to Susanne Craig at [e-mail]

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