Don't start

[dealmaker]

Don't start

The banking advisory firm Evercore is to pay incoming junior bankers up to $25,000 not to start work just yet—that's $15,000 to hang on until January, and $25,000 to wait until next summer, when everyone hopes the coronavirus pandemic will be under control. This sort of move hasn't been seen since the last financial crisis. Wall Street Journal


ps behind pay wall

 

[Nobert]

There's some game in between the lines, some different purpose (not that i want to dwell on it for too long).
But people in that position, should be way smarter than this.

 

[ironchef]

Don't start

The banking advisory firm Evercore is to pay incoming junior bankers up to $25,000 not to start work just yet—that's $15,000 to hang on until January, and $25,000 to wait until next summer, when everyone hopes the coronavirus pandemic will be under control. This sort of move hasn't been seen since the last financial crisis. Wall Street Journal


ps behind pay wall

Clever, it is like buying options.

 

[Nobert]

Clever, it is like buying options.

Nice.

Like that corporate lockdown with 5 years, of delayed equity payouts, just a diverse.