Thread regarding Bank of America layoffs

Traders are overpaid?

Equities Trading first year VP get paid more than 200k base? That’s too much...

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6 replies (most recent on top)

  1. certification exams are not hard, everyone can do that

  2. traders in my team work significantly less hours than risk. traders hourly pay is still quite high

  3. no traders should take much risk nowadays. traders in bank are quite replaceable

from what i found, traders hourly pay is crazy !

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by | Post ID:

Hahaha. Painting the tape.

by | Post ID:

Their first year may be their last! So they have to make do with whatever they get. Performance is everything in this game and most fail

by | Post ID:

Why is it too much? Make a mistake and go straight to jail. This is serious business

by | Post ID:

They work long hours and have to get multiple certifications. Why do you think their base pay is too much or is this just some random conclusion?

by | Post ID:

What’s your point? Traders work longer,look at their hourly pay!

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