But not everyone!
Bloomberg News reports that some Barclays junior employees are set to receive an increase of 20% to 40% in salary and bonuses, said two people familiar with the plans, who asked not to be identified because the move isn’t public.
The decision has prompted mid-level employees to express their unhappiness about the shrinking compensation gap with their juniors, they said.
Barclays Managing Directors were told on a global call last week the move was necessary to stem the flow of younger employees leaving, the people said.
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