Wall Street Bonuses Highest Since 2008

Wall Street Bonuses Highest Since 2008Average bonus for securities industry in Big Apple tops $164,500, thanks in part to deferred compensationAverage Wall Street bonus paid to securities industry employees in New York grew 15%.The average bonus paid to securities industry employees in New York City grew 15% to $164,530 in 2013, according to the Office of the New York State Comptroller.Including both cash and deferred compensation, this is the largest average bonus paid out since the 2008 financial crisis and the third-highest on record. The average bonus in ’06 was $191,360; in ’07, it was $177,830.

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