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Month: March 2022

Traders work on the floor of the New York Stock Exchange at the opening bell January 25. Wall Street firms have figured out a way to beat inflation for their employees by hiking annual bonuses to record amounts.

Wall Street bonuses hit record high

By Jeanne Sahadi, CNN Business Wall Street firms have figured out a way to beat inflation for their employees: Just hike annual bonuses to record amounts. The average Wall Street bonus for 2021 hit a record high of $257,500, up 20% from $213,700 the year before, according to estimates released Wednesday by New York State

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