"Two compensation experts are set to release projections for bonus payments this year on Wall Street, and the numbers aren't pretty. One executive-search company, Options Group, projects bonuses will decrease 5% to 10% from last year, the first overall drop in five years.
Compensation consultant Johnson Associates has a rosier view, saying Wall Street bonuses will be flat, thanks to a relatively strong stock market and big profit gains in the first half of the year."
Read more of this 11.07.07 Wall Street Journal article by Aaron Lucchetti.
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