Wall Street Employees Expect Bonuses to Shrink, Survey Shows
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More Wall Street finance professionals expect bonuses to fall than rise over the next three years, according to an eFinancialCareers.com survey, as weak markets and new regulations cut into trading revenue.
About 80 percent of the 1,098 people who responded to the e-mailed query in the U.S. said they don’t expect bigger bonuses for the industry over the next three years, with 46 percent expecting them to shrink, the job-search website said in a statement today. Forty-one percent said their own bonus will climb this year, while 30 percent expect less, the survey found.