2022 average Wall Street bonus fell slightly to $176,500, despite a 1.8% increase in profits; bonus pool remains at $33.8bn.
In 2022, the average Wall Street bonus fell slightly to $176,500, as reported by New York state's comptroller Thomas DiNapoli. Despite a 1.8% increase in Wall Street profits last year, the industry took a more cautious approach to compensation, adding employees to its workforce. The bonus pool for 2023 remains largely unchanged at $33.8 billion. Wall Street contributes significantly to New York state and city tax revenues, accounting for approximately 27% of state tax collections and 7% of city collections.
March 19, 2024
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