Wall Street Mulls Partial Pay Freeze

Bloomberg: Wall Street Mulls Partial Pay Freeze

January 9 2012

“There’s always the risk that people may go across the street for a better deal,” said Joseph Sorrentino, a managing director in New York at Steven Hall & Partners, an executive- compensation consultancy. Among junior bankers “you have some potential future stars and you want to make sure you keep them engaged and keep them happy and performing.”

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