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Slaughters cuts annual bonuses amid market uncertainty

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  • There are now very large numbers of associates being pushed out in "stealth" processes at large numbers of firms.
    Cutting back salaries, even quite severely, must be a preferable option in this market and the far worse market which is to come.

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  • agree with previous comment. Anyhow -, it is not like they are earning minimum wage

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  • Well it must be very, very tough for the Slaughters' partners on their £2m per annum to get by in these difficult times. No wonder they are looking at those bonuses so carefully. After all, one could not expect them to cope on £1.9m, could one?

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  • Hmm, notes a lack of announcement that partners have reduced their drawings this year in order to "maintain our prudent approach to reflect continuing uncertainty throughout the global economy"
    Just associates, seccies and trainees to bear the brunt of prudent financial management...

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