Re:CFTC Orders JPMorgan to Pay Record $920M for Spoofing and...
by bojangleslover on Monday December 06, 2021 @07:36AM
(#29458961)
Yes but they have nearly 200k employees and most of banking compensation is in the bonus, which draws from this net income. This leaves $63k excess which is obviously not distributed equally but, considering the fairly low base salaries compared to strong SWE roles, probably map to similar compensation.
It's hard to not feel shocked when seeing numbers in the billions but you can't forget they are often accompanied by an equally shocking denominator.
It's hard to not feel shocked when seeing numbers in the billions but you can't forget they are often accompanied by an equally shocking denominator.