The average bonus on Wall Street last year was $176,500. That's down slightly from 2022
Posted on AllSides March 19th, 2024
From The Center
NEW YORK (AP) — The average Wall Street bonus fell slightly last year to $176,500 as the industry added employees and took a “more cautious approach” to compensation, New York state’s comptroller reported Tuesday. The average bonus for employees in New York City’s securities industry was down 2% from $180,000 in 2022. The slight dip came even as Wall Street profits were up 1.8% last year, according to the annual estimate from Thomas DiNapoli, the state's comptroller. DiNapoli's office said the slight decline could be attributed to the compensation approach...
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