(volatility and capture by employees). The firm says it has become more disciplined on pay but last year forked out $15bn, its second-highest salary and bonus bill since the financial crisis, even as profits halved to $11bn and the firm barely beat its cost of capital. The real action ...
With the addition of the new class, 1.6 percent, or 467, of Goldman's total employees are now partners. Not only do members of this group get paid handsomely—a reported $900,000 salary and a hefty share of the firm's bonus pool—but they also now hold a much-coveted title among Wa...