I’m not certain how usual it is for i-bankers to not strech distinction targets for their company. I’m meditative which it hull their customer bottom if it happens often, though how most do the companies they have been in use by essentially get concerned (e.g. termination, demotion, etc)?
Also, does it start how most they embrace in their annual bonuses?
Thanks.
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they lose money and get inspeated by the company board
Sales people at investment banks are expected to produce. Thier paychecks are usually small, with most of their money coming in the form of performance bonuses. So if they fall short of targets, they simply get paid less. Sometimes a low performing salesman who has a some steady customers will be pushed into the corner, and allowed to milk his relationships, while more promising talent handles new opportunities. Getting fired isn’t beyond the realm of possibility if performance is consistently poor.