Published in Mass High Tech
"I don't do it for the money." Donald Trump says this in "Trump: The Art of
the Deal." We have all heard this line before, from top-performing product
salespeople to private equity's reigning dealmaker of the year.
'Yeah, right," we sneer in disbelief, joining the eye-rolling skeptical CFO,
even before we learn of the homes, vacations and toys they purchase with the
outsized commissions and bonuses they earn. Why else do they put in the long
hours? Because they like the coffee?
And what's so hard about their jobs that, at the top end of the dealmaking
pyramid, for the past two years running, the total annual compensation for the
average Goldman Sachs Group Inc. employee (including secretaries) reportedly
exceeds $600,000?
For the complete article, click here.
