Wall Street Sees 2% Decline in Average Bonus to $176,500
TL;DR Summary
The average Wall Street bonus in 2023 was $176,500, down 2% from the previous year, despite a 1.8% increase in industry profits. This decline is attributed to a more cautious approach to compensation as the industry added more employees. The bonus pool for 2023 was $33.8 billion, similar to the previous year, and Wall Street remains a significant source of tax revenue for New York state and city.
- The average bonus on Wall Street last year was $176,500. That's down slightly from 2022 ABC News
- Wall Street Bonuses Decline Slightly Amid an Influx of Bankers Bloomberg
- The average Wall Street bonus dipped 2% last year, to $176,500 CNN
- Average annual Wall Street bonus falls to $176,500, in second straight yearly decline MarketWatch
- The average Wall Street bonus dipped 2% last year, to $176500 kwwl.com
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