| Topic Name: |
bonus in London |
| Message Name: |
you gotta be shittin |
| Date Posted: |
06/07/2000 |
| In Reply To: |
This email is doing the rounds here at Goldman and also at Merrill, can anyone verify?
> DLJ's analyst compensation has been announced today (GBP):
>
> 1st year: 40 base plus up to 40 bonus.
> 2nd year: 55 base plus up to 75 bonus.
> 3rd year: 65 base plus up to 105 bonus.
>
> Plus, they've announced new initiatives:
>
> 1) 3 weeks vacation guaranteed
> 2) option of taking a one year sabbatical to work for a client --DLJ will
> make up the difference in pay
> 3) $20,000 invested into DLJ's internet fund w/o a vesting period --10K in
> principal, another 10K leverage
> 4) meals upped to $25
> 5) 5% (roughly 3-4 analysts) will get promoted to associate directly from
> their second year
>
> Regards,
-- |
| Message: |
you gotta be shitting me. 40K GBP = 60K USD. no way.
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