article thumbnail

I'm Afraid Bankers Really Do Earn Their Bonuses

Harvard Business Review

At least he recognized that it was hard for the average wage slave fearful for his job to absorb the fact that during the low-water point of the global recession in 2008, the average banker at Goldman Sachs still received an annual pay packet, including bonuses, of $700,000. So what does explain that differential? to $1.4m).

ROIC 8