Which CEOs are making the most in financial services? King of the Comp was Frank J. Bisignano, the CEO of First Data, who pulled in nearly $52 million of total compensation last year, a whopping 454% year-over-year increase, according to new data from Equilar provided to The New York Times*.Read More
Post Tagged with: "compensation"
The average salary for a fintech software engineer is now more than $100,000, according to a Bank Innovation analysis. The exact average salary for a software engineer — a bread-and-butter position for a technology startup — is $100,188. With all the talk of an “overheating” fintech venture capital market, keeping an eyeRead More
What happens to branch performance when bankers’ profit motive is severely altered? That’s the question that struck me as I read about HSBC’s decision to nix sales “targets” for the bank’s UK branch employees. Instead, HSBC will compensate its staffers based on “customer satisfaction,” although it is unclear exactly howRead More
Jack Lew might want to pause before agreeing this week to take Timothy F. Geithner’s job as Secretary of the Department of the Treasury. Lew would be paid better — far better, in fact — as a rank-and-file staffer at the department, or even as an IT guy. Lew, whoRead More