Wall Street compensation averaged $289,664 per person last year, 5.1 times the average $56,634 for workers in New York City, Jonathan Stempel reports Tuesday, citing a study release by New York State Comptroller Alan Hevesi. It gets better, at least for some: bonuses totaled a record $21.5 billion, or $125,500 per person.
There are a couple of downbeat notes in the full report from Hevesi’s office. Employment in the securities industry is down from a peak in 2000, although a job growth recovery has begun, starting in 2003.
Trackback