Average Wall Street bonuses dropped sharply last year to $176,700 amid lagging profits and recession fears, New York state's comptroller reported Thursday.
The bonuses for employees in New York City’s securities industry dropped 26% from 2021, when the average was a record $240,400, according to New York state Comptroller Thomas DiNapoli’s annual estimate. DiNapoli noted that bonuses last year returned to pre-pandemic levels.
