BradyNet Press Releases - BEMCI

Miami, FL, May 20, 1997-What are the compensation levels in Emerging Markets Research?

BradyNet announces more results from the analysis of the data compiled by the BradyNet Emerging Markets Compensation Index ("BEMCI").

This report is focused on the compensation levels in Emerging Market's Research field. The data suggests, as of February 28, 1997, an average annual salary for that industry segment of $72,842, an yearly bonus of $61,552 and $1,105 in other benefits. These figures translate into an average annual total benefit package of $135,500.

The yearly base salary for an Economist stands at $105,800 with a bonus of $79,900 and a small benefits package of $1,000 to arrive at a total compensation package of $185,800.

Those Economists employed at Investment and Merchant banks took home total compensation packages of $250,000 compared to their counterparts in Government and Corporations who earned less than half as much with compensation packages valued at $89,500 per annum.

The data also shows that Strategists earned particularly high bonuses compared to their salaries with $73,333 for the later and $141,666 for the former.

Associates, in turn, earned $52,857 in yearly salaries, and $42,428 in bonuses. Associates based in New York City were found to be considerably better compensated for their efforts than their counterparts elsewhere. Their average yearly salaries of $66,666 and bonuses of $76,666 outdistanced salaries of $34,333 and bonuses of $5,666 for their colleagues outside the big apple.

The data also suggests that female Associates earned almost twice as much as their male counterparts. Base salaries for women stand at $62,250 compared to $40,333 for men. Annual bonuses show an even more marked difference with women earning $55,000 for men's $25,666.

On-line since 1995, BradyNet is a pioneer and leading provider of Emerging Market's fixed income information. BradyNet is a free service and can be found at http://www.bradynet.com.

BradyNet Pro is a premium service with a customizable Emerging Market's fixed income database, as well as analytical, charting, portfolio management software and hundreds of bond specific discussion FORUMs. For a limited time, BradyNet Pro is available for a free two-week trial with no obligation at http://bradynet.com/pro/

Phone: (305) 868-3443 Fax: (305) 864-0886 email: bradynet@bradynet.com

The information and opinions contained herein do not necessarily express the opinions of BradyNet, Inc. This report has been prepared solely for informational purposes and is not a solicitation of any transaction in the securities with which it deals or an offer to enter into any such transaction. Prices and/or other information in this report are subject to change without prior notice.

Please read our disclaimer.

General Correspondence: bradynet@bradynet.com Questions/Problems? support@bradynet.com