Bonus Pools for Wall Street Workers Seen Falling in 2016: ChartBy
The belt tightening continues in financial services. Bonus pools are expected to decline by as much as 20 percent for some Wall Street workers this year, with incentive pay falling at almost every type of financial-services firm, according to compensation consultant Johnson Associates Inc. The sharpest drop probably will be in fixed-income sales and trading, as well as investment-bank underwriting.
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