The noise around "Wall Street" pay is deafening. The industry, its employees and the regulators are under daily attack. The criticisms, while loud, are not particularly constructive. The purpose of this paper is to separate fact from fiction, to distinguish the naive from the realistic and to level set the kinds of reforms that are both necessary and practical.
Offshoring has long been viewed as a way to reduce costs and potentially deliver wider benefits such as increased productivity or new revenue opportunities that might be unprofitable if delivered onshore.
A quick reminder about proxy disclosure and the use of non-GAAP performance measures in your CD&A.
As banks begin to make their year-end pay decisions, it is clear that incentive pay for employees across investment banking, equities and fixed income will decrease at most firms, particularly the largest ones.
With a number of stories being reported in the press recently about firms making significant changes mandatory deferral plan practices, McLagan has completed its preliminary report...
McLagan invites you to participate in our Hedge Fund Winter Conference on Tuesday, March 6th, 2012 at the Harvard Club of New York City. Last year over 85 people attended from 75+ hedge funds.
Aon Corporation (NYSE: AON) today announced it has acquired Westfield Financial Corporation and its subsidiary, the Ward Financial Group, from Ohio Farmers Insurance Company.
A firm headquartered in the Asia Pacific region approached McLagan seeking counsel regarding its incentive funding levels and practices for its capital markets and corporate banking lines of business.
An insurance company needed to evaluate and identify a targeted operating model based on other similar insurance carriers and broader industry benchmarks.
A global investment bank came to McLagan seeking counsel regarding its salary practices. The bank lacked a formal salary structure and standardized job grades or job descriptions.
A large Financial Accounting firm came to McLagan seeking advice on its current level structure within its Information Technology group.
