Wednesday, March 12, 2014

Robust bonuses: Big bucks back on Wall Street

Robust bonuses: Big bucks back on Wall Street

Wall Street bonuses hit their highest level since 2007.

"The average bonus paid to securities industry employees in New York
City in 2013 grew 15% to hit $164,530 in 2013, according to estimates
released Wednesday by New York State Comptroller Thomas P. DiNapoli.
That includes cash for the current year and compensation deferred from
prior years.

That is the third biggest bonus on record, says
DiNapoli. The other two stand-out years: 2006, when workers gleaned
$191,360 and 2007, when they gained $177,830."



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