Citi boosting salaries to offset lower bonuses

[merig00]

NEW YORK – Citigroup Inc. is increasing the base salaries of many of its employees — reportedly by as much as 50 percent for some workers — as it restructures its compensation program amid new restrictions on bonus payments.

The higher salaries are not the equivalent of annual raises because bonuses are being lowered, according to a person familiar with the matter who requested anonymity because the plans have not been made public.

Employee compensation at financial companies, particularly in the form of bonuses, has brought criticism from members of Congress and the public after the government gave the banks hundreds of billions in bailout dollars. Citi and the other companies who still hold bailout funds face restrictions on bonuses as part of a new government compensation oversight plan. The Treasury Department had no immediate comment about Citi's change in compensation plans.


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Comments

[reytsman.livejournal.com]

Сейчас выступил великий и могучий и заклеймит проклятых капиталистов суровее чем он порицал хэдж фонды.

[merig00.livejournal.com]

сча я еще новость запостю - ты на стуле крепче держись

[reytsman.livejournal.com]

А может не нада, а? А то меня сегодня уже пугали дефолтом Калифорнии, я и так еле сижу...

[merig00.livejournal.com]

поздно...

[reytsman.livejournal.com]

Но по сути то... с 7ого или 1ого худшего на 20ое... вэ из мир...

[merig00.livejournal.com]

ты это о чем?

[reytsman.livejournal.com]

Я про Мэин.. хотелось посмотреть получиться ли тебя запутать оставив комментарий на один пост под другим постом. :) Получилось. :)

[merig00.livejournal.com]

это ты сам запутался... отмазки

[reytsman.livejournal.com]

наезды!