Should you leave if you get a small bonus?
It's the time of year when analysts (unless they're at Goldman) are being informed of their bonuses.
As ever, banks have a tendency to pay low and medium performers little or nothing in the hope that they might disappear of their own volition, saving the expense of a redundancy payment.
In his series on MarketWatch, ex-Morgan Stanley banker Todd Minyan describes how he quit the bank after receiving a $50k bonus instead of an anticipated $1m.
Minyan quickly found a new role with a hedge fund, but in the current market storming out in a huff may be a bad idea. Are you better off pretending that a small bonus never happened?
