Wall Street bonuses fell 26% last year — lowest since 2019

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Wall Street bonuses fell 26% last year — lowest since 2019
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The 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.

hit bank profits, according to data released Thursday by New York State Comptroller Thomas P. DiNapoli.

“A 26% decline brings the average bonus closer to what financial employees received prior to the pandemic,” DiNapoli said in a statement. Collectively, Wall Street’s bonus pool totaled $33.7 billion, which was 21% lower than the record-high of $42.7 billion from 2021, according to DiNapoli’s office. But the city’s share of jobs in the securities sector is shrinking due to the departure of some firms.

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