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Reply to "Super frustrated re dh’s salary"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You shouldn't have been spending to the limit of your income in the first place; [b]counting on a bonus is always risky.[/b] If the firm profits went down by 20 percent, then partner comp will go down, because that's what it means to be a partner. (It also means that you need to bring in your own business, and that you need to be sure that your billables are also collectible.) You don't say whether most other partners' comp was reduced by about the same amount, or whether your husband was an outlier. If it's the latter, they are nudging him out the door. [/quote] +1 [/quote] +1. My husband works at Goldman Sachs. Bonus pool for partners is way down this year. You need to manage your expectations. It's not always realistic to say don't count on a bonus when that's a signifiant portion of someone's compensation, but your husband needs to make sure his expectations match reality. [/quote]
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