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Company: Options Group
This is how much you should be earning as an MD in equity research in EMEA, Asia, the US and Brazil in 2011
International financial services search firm, Options Group, has disclosed some data points from its new and very comprehensive compensation report for 2011. Here’s what they say you should be anticipating, in total comp as an MD in equity research this year. Total compensation forecast, MD, equity research, 2011 US: $750k-$1.0m EMEA: $785-$1.2m Asia-Pac: $1.0-$1.2m LatAm: [...]
Don’t expect Gulf to be sheltered from bonus cuts
With bonus season well and truly upon us, it’s time to reflect whether the GCC really does offer bountiful payouts in the face of a financial crisis. The evidence would suggest not. Last year, research by executive search firm the Options Group predicted that Dubai bonuses could fall by 15% on 2007, but added the [...]
Good year/bad year 2008
Was 2008 the year in which the Gulf bubble was popped? Not necessarily. Here we give our considered opinion on the highs and lows of 2008. 2008 WAS A GOOD YEAR FOR… Talent pool At the end of 2007 there was a talent shortage in the GCC and banks were vying over a limited pool [...]
Bonuses down least in Dubai, most in London and NY
Not entirely surprisingly, bankers in London and New York are expected to suffer more than those elsewhere come bonus time. International financial services headhunter Options Group is predicting a 45-50% reduction in payouts in the two cities, while Dubai bankers will apparently see their pay chopped by only 10-15%. Asia Pac staff are expected to [...]
Pay pain for banks in the GCC
Pay in the Middle East is spiralling. It now makes up almost 60% of banks’ operating costs. A survey by consultancy Hewitt Associates suggests salaries in Oman and Qatar lead the way when it comes to eating into banks’ profits. But pay across the Middle East banking sector is becoming a problem – particularly when [...]
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