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Headline

Simmons dumps bonus scheme after just one year

Comment

Unsurprisingly this caused a large amount of distress amongst the salaried partners - word on the street is that there was open mutiny. Poorly performing equity partners taking home sums considerably in excess of revenue generating salaried partners. Expect to see the more talented up sticks - they were treated poorly. The MP has a hell of a job to do to convince these guys to hang around - notwithstanding any tweaks made now.

Posted date

25-Jan-2010

Posted time

3:06 pm

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