Goldman, JPMorgan, Morgan Stanley - how they stack up on comp

Pot Of Gold

Goldman, JPMorgan and Morgan Stanley have all posted their Q3 results. Here's how they stacked up on the compensation front.

Goldman Sachs

The $10.4bn in compensation expense is enough to pay each of the firm’s 32,600 employees $319,755 for the nine-month period.

Goldman set aside $11 billion in the same period of 2012, equal to an average $336,442 for each of the 32,600 people employed by Goldman Sachs at the time.

Goldman Sachs Sets Aside Smaller Share for Banker Pay

JPMorgan

JPMorgan Chase’s corporate and investment bank allocated 4.4% less for employee compensation in the first nine months of the year as the division’s revenue climbed 5.7%.

The unit’s $8.69bn in compensation fell to 31% of revenue, excluding accounting adjustments, from 34% in the same period of 2012.

The amount equals $165,774 for each of the division’s employees.

JPMorgan Shrinks Investment Bank Compensation Pool 4.4%

Morgan Stanley

The bank’s total compensation cost was enough to pay each of the firm’s 56,101 employees $219,051 on average for the nine months, more than the $207,688 it set aside for each of the 57,726 employees a year earlier.

Morgan Stanley Cuts Share of Revenue for Compensation

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