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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> United States

Average Wall Street bonus shrank last year, survey shows

Posted by RJ and Makay on Feb 18, 2011
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Afferage Wall Street Bonus Shrank Last Year, Survey ShowsHere's some evidence that pay-for-performance is alive and well on Wall Street: The average Wall Street bonus dropped 5% in 2010, according to the eFinancialCareers annual Global Bonus Survey completed in mid-January.

Still, 56% of bonus-eligible financial professionals got a larger bonus than the previous year. Nineteen percent got a smaller bonus and 8% got no bonus.