With all the commotion surrounding this year’s Christmas craze – the “Zero” bonus – Esquire scuttled down to Wall Street to get the word on how bankers feel about this year’s compensation packages.98 Wall Streeters – 81 men; 17 women – were asked how big their bonuses were; what they plan to spend it on; and if they think their package was fair, among other things.
Of course, this is a tiny sampling, but it’s still entertaining.
Here’s a few details bunch:
- 40% of those asked got no bonus at all. Of those that did get a little extra cash, the majority got less than $25,000.
- 6% banked $250,000+
- Of the 61% who said they received a bonus, 85% were men and 15% were women.
As for those who did receive a bonus, most (25%) said they’d spend it on their family. Cute.
8% will spend it on a vacation; 8% will invest it; 9% will spend it on iPads and Wiis and the like.
Only 11% said they’d put it into savings.
And 10% were answers clearly “meant to f*** with Esquire.”
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