Wall Street bonuses are expected to be the lowest in years, according to the New York Post.
New York State Comptroller Tom DiNapoli told the Post that the average Wall Street worker's bonus is expected to be $101,000, an almost 50% decline from 2006 bonuses. Bonuses haven't been this low since the financial crisis began in 2008.
Last year, the average Wall Street bonus was $121,150. In 2010, it was $138,940.
Don't feel too sorry for bankers and traders, though. The financial industry still boasts some of the biggest paychecks. The average Wall Street salary in 2011 was $362,950,according to CNN.
Try telling that to Goldman Sachs employees. During the last bonus season, workers reportedly cried over unexpectedly low checks. One Goldman employee told CNBC that it was "a bloodbath."
Wall Street Bonuses Expected To Be Lowest In Years - Called a "bloodbath"
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Seeded on Mon Dec 10, 2012 11:56 AM

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