All employees with good performance are used, and Sec Capital can pay out the highest dividends in the industry. In 2007, a Chinese fund manager named Jiang Ping went long in Mexican stocks.
Earning one billion U.S. dollars for the company, Cohen generously wrote a check for 100 million U.S. dollars to Jiang Ping. This record is still the largest dividend paid by Chinese financial professionals on Wall Street.
For employees with poor performance, Cohen shows no mercy. If the fund's withdrawal exceeds 10%, the fund manager will be laid off in minutes. There is a joke circulating within Sec Capital.
The boss prepared a Ferrari for the trader with the highest performance and a meal replacement voucher for the second trader. If you are ranked third, sorry, you have been fired. In order to keep employees awake at all times.
The room temperature of Sec Capital’s office space is kept at 21 degrees all year round. In order to prevent employees from being overwhelmed and mentally bursting, Cohen also hired a psychiatrist to provide psychological counseling for Olympic athletes.