Sunday, December 20, 2009

Banking Bonuses

It is a sure way to climb the millionaires ladder :-) A path to riches is through the financial sector, and this has been so for many years. Recent criticism of Bonuses paid out to employees of Investment Banks / Funds have just achieved more advertising for these institutions for talented people.

At JPMorgan 1'626 staff received $1 million or more and 27 individuals walked away with a hefty 8 million bonus, at Goldman Sachs this was 21 employees. [source: Andrew Cuomo's recent report on Bank Bonus Culture]

Working at one of these organisations shifts the odds of becoming a millionaire in a lifetime considerably in your favour.

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