Total Pay. Find out what you should be paid Use our tool to get a personalized report on your market worth. What's this?
United States change. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
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Why do people leave their jobs? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
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Junior Trader - Equities & FX | Mason Blake
By continuing to use this website you have consented to have cookies placed on your computer. The world has changed, the infrastructure and culture has changed, but have the salaries? It is well recognized that FX traders do not consider their basic salary as the main reason for striving for good performance.
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The bonus is the main attraction. Although the Ferraris, gauche suits and over-the-top hairstyles have been consigned to the history books in favor of much more somber dress codes and an interest in technology, an international business mindset and the innovation of financial markets have replaced the barrow-boy-made-good image of the s, the fiscal reward is still very much there. Before Black Monday, October 19, , when stock markets around the world crashed, shedding a huge value in a very short time.
The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin, it was possible to rise from teenage pennilessness to extreme wealth within just one year in London.
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Commodity and currency traders median wages, according to the U. Firm profitability and trading volume still today makes a big difference to bonuses. In , bonuses tend to fluctuate across each trading desk, depending on the focus of the bank with regard to risk and wishing to drive certain products forward over others as well as paying traders more for dealing with more complex financial instruments.
Yes, the cost of living has increased tenfold since the days during which power dressing was en vogue and the Human League and Kraftwerk graced the 8-track players in the array of Jaguar XJ-S V12s driven by young men with ambition, however the actual remuneration of today is roughly the same as it was 30 years ago, and in the same vein, the financial centers of New York and London continue to have very much their own economies.