It wasn’t a good year for the fund, but ain’t gonna complain. Hell, I remember back when I didn’t even make that much base salary. Now the question is where to invest it, or could blow it on hookers and scotch.
I’ll brag when one of the funds I work on liquidates, hopefully sometime in 2014. Congrats, $72k is pretty good if you’re pulling those kinds of #s on a down year. Kinda weird to disclose the actual amount…
A lot of people at this fund give notice Jan 1st. If a person had to wait around till March in order to get their money and split, then they’d have to start their 2014 goals, then bail partway thru. Seems messy.
I only get paid next year also. This system sucks, because you spend 2 months in the beginning of the year lingering on last year’s results, rather than concentrating on the next year. Also, since people only quit after getting bonus, anyone who secretly plans to leave the firm has no incentive to do anything until bonus payment, after which they quit.