Average pay €285k
There has been some trouble in the past with the bonuses at IMC. Most of the variable cookie jar did end up with senior management – with disgruntled traders and especially developers as a result.
So far nothing to report of the sharing of the pie, but at least the average remuneration for the 619 folks at IMC was € 285.000.
Dividend of € 160 million
Other people pocketing a decent sum are the directors / owners Wiet Pot en Rob Defares. The company paid out € 160 million dividend. More than the yearly profit, but the firm’s balance sheet is strong enough for such a move. Still it puzzles me what kind of incentive is behind such a dividend.
Hat tip to quotenet (nl)