Oil trader salary and bonus
Leave a Reply Cancel reply Your email address will not be published. Now, look a little deeper into the definition and you will see that Directors are also included. Again, One Team One Dream. For every trader, you need roughly 10 support staff. I just thought that it would be a good idea to use my experience of over 25 years to objectively go through the numbers, because Oil trader salary and bonus have oil trader salary and bonus to see a trader light a Cuban cigar with a fifty pound note — but maybe all the traders I know are nonsmoking loyalists….
You need specialised and therefore premium office space with raised floors for cabling and contingency measures like an uninterrupted power supply UPS and recorded telephone lines connected to an atomic clock. Please do not ask me to prove any of these numbers. Your oil trader salary and bonus address will not be published. Performance The Company expects a certain level of performance for its investment.
Next is the way it is paid. The deferred part is usually paid in Company shares and is therefore performance oil trader salary and bonus. In writing this piece, I did not intend to glamourise trading in any way. Well, despite the sensationalist headlines that the media print, I feel that it is far better for society in general if traders were paid bigger bonuses.
Leave a Reply Cancel reply Your email address will not be published. There is also the cost of capital. Also, although considerably smaller, the 10 support staff are paid bonuses.
Next is the way it is paid. I have worked at investment banks, trading houses, hedge funds and oil companies and they are all as different as the oil trader salary and bonus that work for them. There is also the cost of capital. Salaries can be considered pre and post the Lehmans collapse, as that is when banks had to start capping their bonuses and of course basic salaries shot up as a consequence.
The deferred part is usually paid in Company shares and is therefore performance linked. Post Lehmans, this happened a lot and is another reason why basic salaries went up. Even with all oil trader salary and bonus caveats and fuzzy logic, I think it is still an interesting read. Let me know what you think. Also, if the trader leaves within that deferred period, they lose it.