With bonuses now in hand, investment bankers across the industry are feeling the sting of a new compensation climate and showing frustration with the size and structure of the payouts.The 2010 bonuses so far are shaping up as flat to lower on average, with cash payments being broken up and deferred, and more stock added for veterans, according to a dozen bankers interviewed by Reuters. "If you had a good year, you were flat in terms of bonus," said a J.P. Morgan (JPM.N) banker, speaking about his division. "If you had a so-so year, you were down."
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