The 2007 Bonus Satisfaction Firm League Table
Here are the results:
OVERALL
2.6% said that they were 'over the moon' with their 2007 bonus payout
17.8% said that they were 'very satisfied'
30.5% said that they were 'satisfied'
24.7% said that they were 'disappointed'
24.4% said that they were 'disgusted'
FRONT OFFICE
1.4% said that they were 'over the moon'
18.6% were 'very satisfied'
30.3% were 'satisfied'
22.0% were 'disappointed'
27.7% were 'disgusted'
MIDDLE OFFICE
1.1% were 'over the moon'
18.1% were 'very satisfied'
26.9% were 'satisfied'
32.6% were 'disappointed'
21.3% were 'disgusted'
BACK OFFICE
4.3% were 'over the moon'
17.2% were 'very satisfied'
32.5% were 'satisfied'
22.7% were 'disappointed'
23.3% were 'disgusted'
Regionally, financial markets professionals working in The Americas were generally happier with their bonus last year-end - 58.3% said that they were at least 'satisfied'. Next came Asia-Pac (55.9%), then Europe, Middle East & Africa (48.9%).
The Bonus Satisfaction Firm League Table
And here's a note of the Top 20 firms where staff said that they were at least 'satisfied' with their 2007 bonuses:
1. ABN AMRO (where many staff had guarantees because of the sale of the businesses) - 70.5%
2. Goldman Sachs - 66.3%
3. Credit Suisse - 62.3%
4. HSBC Investment Bank - 61.6%
5. Citi - 61.3%
6. UBS Investment Bank - 60.3%
7. Morgan Stanley - 59.9%
8. JPMorgan - 57.2%
9. Bank of America - 51.6%
10. Deutsche Bank - 50.1%
11. BNP Paribas - 49.9%
12. Barclays Capital - 49.7%
13. Merrill Lynch - 49.6%
14. Lehman Brothers - 48.3%
15. Dresdner Kleinwort - 47.5%
16. SG Corporate & Investment Banking - 46.2%
17. Calyon - 43.8%
18. Royal Bank of Scotland - 41.5%
19. Rabobank International - 40.3%
20. WestLB - 37.1%
Vic Daniels from Here Is The City said: 'Firms were much more successful in managing expectations on the bonus front in 2007. Line managers worked hard, especially in support and middle office functions, to impress upon staff that the environment had changed for the worst in the second half'.