Despite the positives, Wall Street executives are worried. These factors make it easy for Wall Street management to tap the breaks and hold back on bonuses and raises. Bonuses across Wall Street are expected to fall. To sum it up, “All signs are pointing to an overall disappointing and lackluster year on Wall Street,” said compensation consultant Alan Johnson. When bonuses decline, the shortfall can impact city and state revenue and limit funding available for government programs.”The average Wall Street professional earned over $422,000 in 2017 (the latest available data).

Source: Forbes December 13, 2019 17:26 UTC