Compensation: Difference between revisions

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{{def|Compensation|/ˌkɒmpɛnˈseɪʃən/|n|}}
{{def|Compensation|/ˌkɒmpɛnˈseɪʃən/|n|
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Investment banks are equally good at hyperbole and euphemism, the latter being a sort of inverted hyperbole, [[calculated]] to make the unseemly seem chaste; the trivial important, the quotidian grandiloquent and the ignoble dignified. Bankers are at their creative best when discussing their own pay. Of their number, none are more given to euphemism, and indeed hyperbole, than the good people of [[personnel]] or, as they like to think of themselves, ''[[human capital management]]''. You see? They can’t help it.
Investment banks are equally good at hyperbole and euphemism, the latter being a sort of inverted hyperbole, [[calculated]] to make the unseemly seem chaste; the trivial important, the quotidian grandiloquent and the ignoble dignified. Bankers are at their creative best when discussing their own pay. Of their number, none are more given to euphemism, and indeed hyperbole, than the good people of [[personnel]] or, as they like to think of themselves, ''[[human capital management]]''. You see? They can’t help it.
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It cannot. It is a major, stubborn, persistent mystery. It eludes every observer of the financial markets that the [[JC]] is aware of. Not even Jordan Peterson can explain it. Not just that the titans of commerce are overwhelmingly straight, white and male — they are, but ''someone''’s got to be, and they can hardly help it, can they? — but that, especially given the lengths the collective goes to find the best people, so many of the ones it winds up with are so ''mediocre''.
It cannot. It is a major, stubborn, persistent mystery. It eludes every observer of the financial markets that the [[JC]] is aware of. Not even Jordan Peterson can explain it. Not just that the titans of commerce are overwhelmingly straight, white and male — they are, but ''someone''’s got to be, and they can hardly help it, can they? — but that, especially given the lengths the collective goes to find the best people, so many of the ones it winds up with are so ''mediocre''.


But this odd pay disparity is hardly a unique outlying paradox. It does not stand like some rigid geometric anomaly, awkward and out of place, in an ancient cradle of fractal probity and common sense. ''Everything'' about the world of financial services is mad. The {{NUMBEROFARTICLES}} articles on this very site are some kind of testament to that. No-one seems in any hurry to fix any of these other absurdities. Why should this one be any different?
But look: this odd disparity in pay and advancement is hardly a unique, outlying, paradox of weirdness in an otherwise sober realm. It does not stand like some rigid geometric anomaly, awkward and out of place, in an ancient cradle of fractal probity and common sense. ''Everything'' about the world of financial services is completely mad. ''Everything''. The {{NUMBEROFARTICLES}} articles on this very site are some kind of testament to that. No-one seems in any hurry to fix any of the other absurdities. To the contrary, everyone seems to rather like them. So why should this one be any different?


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