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Average Wall Street Bonus Dips to $120k After Bad 2011

Tue, March 06, 2012 1:58 PM | Tara McMullen-King
After a dreadful 2011 that saw Wall Street profits plunge, many financial industry workers feared that bonuses, which typically make up a large chunk of their compensation, would fall off a cliff. But according to a new report by New York State Comptroller Thomas DiNapoli, the total amount Wall Street firms paid in bonuses only declined by 14% last year, despite the fact that financial industry profits fell by half.



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