Tag: compensation


Raises at top 6 US banks average fraction of a percentage point

January 22, 2021

Via: Banking Dive

Employees at the nation’s six largest banks got an average raise of $271 in 2020, Bloomberg reported Thursday. Even for someone making $50,000 a year, that comes out to a pay bump of half a percentage point. And the penny […]

Activity, Corporate Banking

JP Morgan CEO Jamie Dimon gets raise to $31 million after bank posts record earnings for 2018

January 18, 2019


J.P. Morgan Chase Chairman and CEO Jamie Dimon got a 5 percent bump — $2 million — in his pay last year following record annual earnings for the company. Dimon’s full compensation for 2018 totaled $31 million, up from $29 […]

Capital and Risk, Macroeconomic

Wages and salaries jump by 3.1%, highest level in a decade

October 31, 2018


Employment costs rose more than expected in the third quarter in a sign that more inflation could be brewing in the U.S. economy. The Labor Department’s employment cost index rose 0.8 percent for the period, ahead of the estimate of […]