Wall Street Workers Poised For Bonuses to Spike As Much As 30% — Bucking Dire Warnings
New York Post
“The year will end up broadly positive, which is a big change from what we were thinking three or four months ago,” said Alan Johnson, who runs Johnson Associates.
“Financial services have fared pretty well, and benefited in some cases from the volatility, and the up markets.”
The positive outlook comes after Johnson Associates predicted that bonuses would fall by as much as 20% due to Trump’s ongoing trade war — and the projections can fizzle if markets swoon in the second half of the year.
The staffing levels may begin to plunge as finance companies lean into artificial intelligence technology to cut costs.
“In the short term, it’s going to reduce headcount,” Johnson said. “It will lead to efficiencies. And the people who remain will be paid even more.”
New York Post / August 5, 2025
