2024 Wall Street Bonuses
Average bonus for NYC’s securities industry employee: $176,500
Average bonus for NYC’s securities industry employee: $176,500
The average annual Wall Street bonus dipped to $176,500 last year, a 2% decline from the previous year’s average of $180,000. Wall Street’s profits were up 1.8% in 2023, but firms have taken a more cautious approach to compensation and more employees have joined the securities industry, which accounts for the slight decline in the average bonus.
The average annual Wall Street bonus dipped to $176,500 last year, a 2% decline from the previous year’s average of $180,000, according to New York State Comptroller Thomas P. DiNapoli’s annual estimate. Wall Street’s profits were up 1.8% in 2023, but firms have taken a more cautious approach to compensation and more employees have joined the securities industry, which accounts for the slight decline in the average bonus.
For more information, please see related report, Business Owners in New York State.
NO EXAM
Non-Competitive
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PCO/SINGLE HOLDING
Open Competitive
The Professional Career Opportunities (PCO) examination is one test that State agencies can use to fill more than 150 different entry-level professional job types across a wide range of disciplines.
Job seekers with a bachelor's degree from a qualifying institution can take the PCO examination for consideration of employment with New York State government. Job seekers that anticipate having a bachelor's degree from a qualifying institution by June 30, 2023, can be admitted to the test but will not be considered for appointment until the date the degree is received.
CONTINUOUS RECRUITMENT
Open Competitive
Continuous recruitment exam forms are held for positions where there is a constant need to hire qualified candidates. Applications are accepted continuously.
State Comptroller Thomas P. DiNapoli, Erie County District Attorney John J. Flynn, and Erie County Sheriff John C. Garcia announced the arrest of former Deputy Erie County Clerk Alexander McDougall for allegedly stealing over $200,000 in county funds.
Even as many small businesses shuttered their doors or struggled through the pandemic, entrepreneurs in New York continued to identify and pursue new opportunities, according to an analysis by State Comptroller Thomas P. DiNapoli. New York exceeds the nation in the share of businesses that are majority female and minority-owned; however, they continue to represent less than one-quarter of all owners in New York state.