Wall Street Bonuses Dip Slightly as Profits Rise Modestly

• The average Wall Street bonus fell slightly last year to $176,500, down 2% from $180,000 in 2022 • The securities industry employed 198,500 people in New York City in 2023, up from 191,600 in 2022 • Wall Street profits were up 1.8% last year even as bonuses dipped slightly • The 2023 Wall Street bonus pool was $33.8 billion, largely unchanged from 2022 • Wall Street accounts for an estimated 27% of New York state’s tax collections and 7% of New York City's