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"A 26% decline brings the average bonus closer to what financial employees received prior to the pandemic," DiNapoli said. Employment in the city's securities industry came in at about 190,800 people in 2022, the highest level in more than two decades.
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Wall Street bonuses fell 26% last year — lowest since 2019The typical Wall Street employee was paid a bonus of $176,700 in 2022, according to a report released by New York State Comptroller Thomas DiNapoli.
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Average Wall Street bonuses dipped 26% to $176,700 last yearAverage Wall Street bonuses dropped sharply last year to $176,700 amid lagging profits and recession fears. New York state’s comptroller reported Thursday that bonuses for employees in New York City’s securities industry dropped 26% from 2021, when the average was $240,400. Comptroller noted that bonuses returned to pre-pandemic levels last year. The securities industry has a significant effect on state and city tax revenue, accounting for an estimated 22% of the state’s tax collections and 8% of collections for the city.
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