2006 Bonus Satisfaction - Final Firm League Table
Unsurprisingly, front office staff were generally happier with their last bonus payouts, followed by middle and then back office.
Here are the results:
OVERALL
46.6% said they were 'unsatisfied'
14.6% felt 'neutral'
18.1% said that they were 'satisfied'
13.8% said they were 'very satisfied'
6.9% said that their bonus payout 'exceeded expectations'
FRONT OFFICE
44.4% - unsatisfactory
11.9% - neutral
20.9% - satisfied
14.4% - very satisfied
8.4% - exceeded expectations
MIDDLE OFFICE
48.7% - unsatisfactory
14.5% - neutral
16.4% - satisfied
14.3% - very satisfied
6.1% - exceeded expectations
BACK OFFICE
47.9% - unsatisfactory
17.9% - neutral
15.8% satisfied
12.8% - very satisfied
5.6% - exceeded expectations
We can also reveal that financial markets employees who work in the Americas were more satisfied with their bonuses than their counterparts in Europe, Middle East & Africa or Asia-Pac.
41.9% of respondents for the Americas region said that they were satisfied or even happier about last year's bonus, compared to 40.1% in Europe, Middle East & Africa and just 36.2% in the Asia-Pac region.
Here are the full results of our geographical analysis:
Americas Region
Unsatisfied - 42.1%
Neutral - 16.0%
Satisfied - 17.2%
Very Satisfied - 12.9%
Exceeded Expectations - 11.8%
Europe, Middle East & Africa
Unsatisfied - 45.5%
Neutral - 14.4%
Satisfied - 18.6%
Very Satisfied - 14.6%
Exceeded Expectations - 6.9%
Asia-Pac
Unsatisfied - 45.7%
Neutral - 18.1%
Satisfied - 19.2%
Very Satisfied - 14.2%
Exceeded Expectations - 2.8%
Now, based on the views of our readers, we have been able to compile the following firm '2006 Staff Bonus Satisfaction Index':
1. Goldman Sachs - 94.6% of respondents said that they were at least 'satisfied' with their 2006 bonus payout
2. Credit Suisse - 73.1%
3. Lehman Brothers - 61.6%
4. Barclays Capital - 59.1%
5. BNP Paribas - 58.3%
6. HSBC Investment Bank - 57.4%
7. CIBC World Markets - 57.2%
8. Royal Bank of Scotland - 56.3%
9. Jefferies & Co - 49.8%
10. Commerzbank - 49.3%
11. Dresdner Kleinwort - 47.6%
12. Deutsche Bank - 45.1%
13. UBS Investment Bank - 44.8%
14. Morgan Stanley - 42.8%
15. SG Corporate & Investment Bank - 41.3%
16. Bank of America - 35.5%
17. JPMorgan - 35.2%
18. Merrill Lynch - 34.7%
19. Citigroup - 28.5%
20. ABN AMRO - 25.9%
21. Bank of New York - 23.7%
22. Rabobank - 21.4%