Wall Street Bonuses Will Rise For the First Time Since 2021, Consultant Says
Reuters
Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates.
“This year has been surprisingly good, and the industry is quite optimistic about 2025, especially with the potential of announcing more M&A deals,” he said, referring to mergers and acquisitions.
While bonuses will be more generous, they will remain below the record levels from 2021, when revenue and compensation were “abnormally good,” Johnson said.
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