Wall Street Bonuses Drop in 2023, But 2024 Could Bring a Rebound
If your 2023 bonus left you feeling disappointed, you’re not alone. A recent report by the New York State Comptroller confirmed that the average Wall Street pay dropped by 5.2% last year, with bonuses taking the hardest hit. Securities industry workers, who are accustomed to hefty year-end payouts, saw their total compensation—including bonuses—fall to $471,370, a noticeable dip from previous years.
