+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Wall Street bonuses are set to soar as volatility breathes new life into trading desks once left for dead

Aug 4, 2018, 00:44 IST

Paramount Pictures/Youtube

Advertisement
  • "Substantial growth" in trading and equity underwriting across Wall Street points to good news come yearend, when employees learn what they will get for bonus pay, according to a new report from Johnson Associates.
  • Equity sales and trading personnel may see incentive pay surge 15% to 20%, while fixed-income colleagues may see a 5% to 10% bump.

Wall Street workers who trade stocks or derivatives linked to equity markets may see annual bonuses surge as much as 20% as market volatility picks up and more startups head to the public markets to sell shares, according to a new report.

People who work in sales and trading, regardless of their product area, are in line for a strong year, compensation consultant Johnson Associates said in its second-quarter report. At this rate, equities personnel will see incentive compensation climb ...

Sponsored: If you enjoyed reading this story so far, why don't you join Business Insider PRIME? Business Insider provides visitors from MSN with a special offer. Simply click here to claim your deal and get access to all exclusive Business Insider PRIME benefits.

NOW WATCH: Cigna's CEO says that the problem with healthcare in America has nothing to do with employers

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article