Wall Street Reports Lower Average Bonus for 2023

Tuesday, 19 March 2024, 19:14

In 2023, Wall Street saw a decrease in the average bonus amount, settling at $176,000. Despite adding 8,000 employees since 2022, the bonus pool remained stagnant. This decrease reflects a conservative approach in bonus distribution by financial firms.
https://store.livarava.com/cc827b78-e62c-11ee-9686-5254a2021b2b.jpe
Wall Street Reports Lower Average Bonus for 2023

Wall Street's Average Bonus in 2023

The average bonus on Wall Street for 2023 showed a modest decline, with the figure standing at $176,000. The industry witnessed significant recruitment with an increase of 8,000 new employees compared to the previous year. Despite the rise in headcount, the bonus pool remained unchanged, indicating a cautious allocation strategy by financial institutions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe