“Wall Street bankers and traders are in line for the biggest bonus increases since 2009”
November 16, 2021
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- Wall Street is set to see the biggest bonus increases since the Great Recession after a busy and profitable 2021, according to a report from pay consultancy Johnson Associates.
- Overall bonuses for investment banking underwriters are forecast to jump 30% to 35% from the year prior, while investment banking advisors and equities traders can expect a 20% to 25% year-over-year bonus increase.
- A sharp rebound in business activity this year has translated to unprecedented workloads for Wall Street professionals — and a competitive job market as companies fight to retain top talent and nab new hires.
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