Reports – Johnson Associates Compensation Consulting Thu, 11 Jun 2026 13:51:37 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 ../../../wp-content/uploads/2025/02/ja-site-icon.svg Reports – Johnson Associates 32 32 2025 Public Financial Services Compensation Highlights ../../../2025-public-financial-services-compensation-highlights/ ../../../2025-public-financial-services-compensation-highlights/#respond Thu, 11 Jun 2026 13:47:59 +0000 ../../../?p=2797 Johnson Associates’ annual financial services proxy review points to several market trends across the last three years. 2024 was the first year named executive officers at non-alternatives firms received carried interest awards. The firms that granted carry to NEOs in 2024 continued to do so in 2025. No new companies have initiated awards, though we…

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]]> Johnson Associates’ annual financial services proxy review points to several market trends across the last three years.

2024 was the first year named executive officers at non-alternatives firms received carried interest awards. The firms that granted carry to NEOs in 2024 continued to do so in 2025. No new companies have initiated awards, though we expect they will as financial services firms continue to diversify.

One-time awards were subdued in 2023 and 2024 amid shareholder pushback, then rose sharply in 2025. We believe this is a result of the reduced influence of proxy advisory firms.

Director pay increases remained muted, roughly tracking inflation, even as the role grows more intensive and complex. Executive increases, by contrast, continued to rise significantly, showing a de-link from firm-wide incentives.

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]]> ../../../2025-public-financial-services-compensation-highlights/feed/ 0 Replacing vs. Buying Out Carried Interest ../../../replacing-vs-buying-out-carried-interest/ ../../../replacing-vs-buying-out-carried-interest/#respond Tue, 26 May 2026 14:31:51 +0000 ../../../?p=2786 Clients have increasingly asked how carry buyouts should work as employees change firms. We expect this trend to grow as exits slow and carry payouts become less certain. This short one-pager shows how a carry-for-carry trade compares to a cash buyout. The illustrative example walks through the trade-offs across timing, payout variability, vesting, and the…

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]]> Clients have increasingly asked how carry buyouts should work as employees change firms. We expect this trend to grow as exits slow and carry payouts become less certain.

This short one-pager shows how a carry-for-carry trade compares to a cash buyout. The illustrative example walks through the trade-offs across timing, payout variability, vesting, and the fair market value of carried interest.

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]]> ../../../replacing-vs-buying-out-carried-interest/feed/ 0 1st Quarter 2026 ../../../1st-quarter-2026/ ../../../1st-quarter-2026/#respond Thu, 07 May 2026 13:25:00 +0000 ../../../?p=2764 Johnson Associates projects year-end incentives to be flat to slightly positive across sectors​. Overarching Caveats: Year-end projections fragile given macro factors. Geopolitical turmoil and credit stress key downside risks thatcould slow economy and hamper results. Q1 results strong and sentiment remains high despite these uncertainties.​

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]]> Johnson Associates projects year-end incentives to be flat to slightly positive across sectors​.

Overarching Caveats: Year-end projections fragile given macro factors. Geopolitical turmoil and credit stress key downside risks thatcould slow economy and hamper results. Q1 results strong and sentiment remains high despite these uncertainties.​

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]]> ../../../1st-quarter-2026/feed/ 0 Private Credit Compensation Implications ../../../private-credit-compensation-implications/ ../../../private-credit-compensation-implications/#respond Wed, 22 Apr 2026 15:14:01 +0000 ../../../?p=2761 Following years of rapid expansion, the recent challenges in Private Credit are creating ripple effects across financial services, including compensation pressures and retention concerns. Johnson Associates explores offers practical, creative solutions to strengthen compensation programs and sustain incentive value.

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]]> Following years of rapid expansion, the recent challenges in Private Credit are creating ripple effects across financial services, including compensation pressures and retention concerns.

Johnson Associates explores offers practical, creative solutions to strengthen compensation programs and sustain incentive value.

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]]> ../../../private-credit-compensation-implications/feed/ 0 Evolving Carried Interest Structures in Private Markets​ ../../../evolving-carried-interest-structures/ ../../../evolving-carried-interest-structures/#respond Tue, 07 Apr 2026 14:42:09 +0000 ../../../?p=2754 Johnson Associates recently participated in a discussion hosted by HRSoft to discuss evolving carried interest structures including the questions firms are currently grappling with and trends we are observing across our client base.

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]]> Johnson Associates recently participated in a discussion hosted by HRSoft to discuss evolving carried interest structures including the questions firms are currently grappling with and trends we are observing across our client base.

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]]> ../../../evolving-carried-interest-structures/feed/ 0 3rd Quarter 2025 ../../../3rd-quarter-2025/ ../../../3rd-quarter-2025/#respond Wed, 05 Nov 2025 12:39:31 +0000 ../../../?p=2691 Compensation Trends and Projections November 2025 Johnson Associates projects year-end incentives to be broadly positive across sectors​. Traditional asset management rises on market appreciation. Strong hedge fund inflows and performance. Illiquid alternatives flat to up moderately with fundraising challenges. Investment and commercial banking up across all business units. Geopolitical uncertainties and tariffs linger into year-end…

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]]> Compensation Trends and Projections

November 2025

Johnson Associates projects year-end incentives to be broadly positive across sectors​. Traditional asset management rises on market appreciation. Strong hedge fund inflows and performance. Illiquid alternatives flat to up moderately with fundraising challenges. Investment and commercial banking up across all business units. Geopolitical uncertainties and tariffs linger into year-end 2025 and beyond.​

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]]> ../../../3rd-quarter-2025/feed/ 0 Compensation Benchmarking ../../../compensation-benchmarking/ ../../../compensation-benchmarking/#respond Tue, 09 Sep 2025 17:11:59 +0000 ../../../?p=2654 Benchmarking pay is increasingly difficult in financial services. We apply informed judgement to turn market data into real insight. September 9, 2025

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]]> Benchmarking pay is increasingly difficult in financial services.

We apply informed judgement to turn market data into real insight.

September 9, 2025

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]]> ../../../compensation-benchmarking/feed/ 0 Sales Compensation Design ../../../sales-compensation-design/ ../../../sales-compensation-design/#respond Tue, 09 Sep 2025 17:05:04 +0000 ../../../?p=2652 Sales compensation design is rapidly emerging as a top priority for our clients. Explore different market paradigms to understand which structures may be ideal for your firm. September 9, 2025

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]]> Sales compensation design is rapidly emerging as a top priority for our clients.

Explore different market paradigms to understand which structures may be ideal for your firm.

September 9, 2025

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]]> ../../../sales-compensation-design/feed/ 0 2nd Quarter 2025 ../../../2nd-quarter-2025/ ../../../2nd-quarter-2025/#respond Tue, 05 Aug 2025 12:17:12 +0000 ../../../?p=2626 Compensation Trends and Projections August 2025 Johnson Associates projects year-end incentives to vary across sectors. Traditional asset management rises on market recovery. Hedge funds capitalize on volatility and inflows. Fundraising difficult across illiquid alternatives with greater impact on smaller / mid-sized funds. Investment and commercial banking buoyed by trading. Significant concerns remain on geopolitical uncertainty…

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]]> Compensation Trends and Projections

August 2025

Johnson Associates projects year-end incentives to vary across sectors. Traditional asset management rises on market recovery. Hedge funds capitalize on volatility and inflows. Fundraising difficult across illiquid alternatives with greater impact on smaller / mid-sized funds. Investment and commercial banking buoyed by trading. Significant concerns remain on geopolitical uncertainty and tariffs.

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]]> ../../../2nd-quarter-2025/feed/ 0 2025 Public Financial Services Review ../../../2025-public-financial-services-review/ ../../../2025-public-financial-services-review/#respond Thu, 12 Jun 2025 15:00:05 +0000 ../../../?p=2596 Compensation Disclosures – Key Takeaways June 12, 2025 Johnson Associates analyzed proxy disclosures across financial services firms to understand how pay trends have evolved for year-end 2024. Key takeaways and trends enclosed.

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]]> Compensation Disclosures – Key Takeaways

June 12, 2025

Johnson Associates analyzed proxy disclosures across financial services firms to understand how pay trends have evolved for year-end 2024. Key takeaways and trends enclosed.

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]]> ../../../2025-public-financial-services-review/feed/ 0