News Summary

• A third consecutive year of a rising stock market should lift total pay across almost all finance jobs for a second year in a row.
• The rebound in Wall Street bonuses comes after payouts fell sharply in 2022, then remained flat or declined further in 2023.
• The analysis comes after a recent report from the Office of the New York State Comptroller that found Wall Street's total bonus pool is on pace to soar past last year's record haul of $47.5 billion.
• The average annual salary in New York City's securities industry was $505,630, while the average annual bonus was $244,700.