Reply to "PAY DAY"

skeldon_man posted:
Bibi Haniffa posted:
Gilbakka posted:

Traditionally in Guyana, December 15 is pay day for public servants. They eagerly look forward for this particular day. Gifts, greeting cards, foodstuff, liquor and other things have to be bought for Christmas.

Traditionally, December 15th is the day those poor Wall Street people receive their bonuses.

And some of those bonuses are huge..I was told that it could be worth a year's salary.

The bulk of Wall Street compensation is in the bonus which is generally based on earnings.  This was a blowout year for the stock market so many are sitting pretty.  After Christmas they all skedaddle to the Cayman Islands and other places to stash their treasure chest.

The bonus for investment bankers are several times their yearly salary.

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