In a nutshell, FOs are profit centres, MOs/BOs are cost centres.
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2006-12-08 11:05:58  楼主  关注此帖评分:
so does it mean it is better than BO?in terms of compensation?
In a nutshell, FOs are profit centres, MOs/BOs are cost centres.
Who will get a bigger share of a bank's profit as bonus, profit centres or cost centres?
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2006-12-08 14:27:43  2楼
hehe i wasn't comparing Product Control to FOi was comparing it to BO. since it is MO, does it mean it is at least slightly better than BO or there's not much difference between MO and BO in terms of remunerations?
No idea. If what Dougan said is true, i.e. PC is the support function of FO,
Then the bonus will be definitely better than BO. FO pays bonus from its profit earned, BO pays bonus from its cost saved.
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