Corporate Moves
Wall Street Year-End Bonuses Set to Jump for 1st Time Since 2021
Across roles, most finance professionals will see huge compensation increases this year, per a survey from Johnson Associates.
Tag: compensation
Pensions
Public Pension Funds Recovering From Pandemic-Era Staffing Issues
Salaries increased 4.9% year over year, according to an NCPERS 2024 compensation survey, with total compensation up even more.
Pensions
LACERA Wins Court Decision Backing Its Authority Over Employee Compensation, Classification
The state appellate court ruling reversed a 2018 decision by the Los Angeles Board of Supervisors to reject the retirement system’s proposed changes.
Asset Management Culture
Tech’s Toughest Cuts Could Draw New Talent to Asset Management
Asset managers are eyeing thousands of workers laid off by the tech industry as asset management firms build out their own capabilities.
Research
Incentive Compensation in Financial Services Projected to Drop in 2022
In the financial services sector, base salaries increase 4% to 5% for the second straight year in 2022, while bonuses are set to fall in a difficult year for investors.
Asset Management Culture
Controversy Still Follows CalPERS’ CIO Resignation
More than a half-year after Ben Meng resigned, a lawsuit and pending pension system policy decisions are bringing his departure back into the limelight.
Asset Management Culture
CalPERS Not Ready to Pick CIO
Several finalists have been interviewed for the top spot, but an expected January decision has been delayed.
Asset Management Culture
New CalPERS CIO Could See $2.4 Million Payout
That compensation is tied to five-year goals as part of an effort to reduce turnover at the largest public pension in the US.
Salary Highs
The tougher investment climate dampened raises, but many chief investment officers earned their compensations.