If you don't want lessons, then you're just paying for pool fees.
Cutting the pay pool in half would swing the firm to a profit of about $500 million.
In the subsequent two years, management will use a discretionary merit pay pool for Guild members that is equal to the pool for nonunion employees.
Now the Securities and Exchange Commission has dipped its toe into the executive pay pool with a rule issued last week that would require companies to publish a comparison of their chief executives' pay to the median compensation of most other company employees.
Indeed, the bank did the unthinkable for the final months of 2009: It subtracted about $500 million from its pay pool, rather than add more money to it, even though the bank earned a healthy $4.95 billion for the quarter, above Wall Street expectations.
The pay pool was increased to $2.442 million in base salaries and talent fees for this season.
The club also needs to pay for pool, elevator and interior repairs "within projected estimates" and to pay its monthly mortgage bills.
The remaining subjects (34 females, 34 males, 2 undisclosed sex) were recruited from the psychology department's paid subject pool.
Sixty-nine students (34 females, 33 males, two undisclosed sex) were recruited from a paid subject pool coordinated by the psychology department.
"You can say to them, 'You're being too wimpy this time,' or, 'You were being too aggressive last time.' " This year's bonus season, which began in late December and will continue until February at some companies, is expected to be the worst for industry employees since 2008, as regulatory measures and economic uncertainty have cut deeply into profits and made pay pools smaller.
Sponsors pay slotting fees for exposure, of course.The fee-paying pool is where most supermarkets choose their leading funds lists.
