In this video I talk about the various levels and components that make up the total compensation of an employee working for an investment bank. These include base salaries, stub bonuses, cash bonuses, stock bonuses, and more. These components are used by most, if not all, global investment banks such as Goldman Sachs, J.P. Morgan, Morgan Stanley, etc. and is useful information to be aware of regardless of whether you are interested in pursuing a career in banking or not. Thanks for passing by and enjoy the video!
TIMESTAMPS:
00:00 - Intro
00:26 - Base salary
01:01 - Stub bonus
02:01 - Cash bonus
03:21 - Golden handcuffs
05:19 - Golden handshake
05:53 - Other benefits
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Hey! I'm Afzal Hussein. I make videos on banking and finance, careers, productivity and lifestyle. I'm also building Simpley (a marketplace for career advice), and I teach on Skillshare. Before all of this I started my career working at an investment bank called Goldman Sachs. Hit the various links above to find out more about me. Thanks for passing by!
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