2018 Bonus Update

100 Dollars

Will 2018 be a better year for you ?

Fox Business reports that Wall Street professionals have reason to rejoice this holiday season, as year-end bonuses are expected to rise even as the market remains volatile.

Year-end incentives – including bonuses and equity awards – for most professionals across the industry are expected to increase by 5% to 10% when compared with 2017, according to a new report from consulting firm Johnson Associates. This would be the second straight year of increases.

Professionals in sales and trading are set to receive the highest bonuses, between 15% and 20%, followed by workers in private equity – who will receive a bump of 5% to 10%. Investment banking underwriters and those in firm management and staff positions could also receive incentives in the 5% to 10% range.

Not as lucky? Investment banking advisers, for whom it’s estimated bonuses will either not rise at all, or potentially shrink by as much as 5% when compared with last year.

Hit the link below to access the complete Fox Business article:

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