There are no fancy introductions here. Getting right down to it, the average salary for Wall Street is $289,664, while the average for all of New York City is “only” $56,634.
The Reuters report includes more money figures, but the only piece I find particularly interesting is the average bonus per person: $125,000. My bonus last year was a partly 2% of that amount.
There are a few at the top of the scale whose salaries and bonuses skew the average (mean) higher than the median.
On the topic of salaries, I had a successful interview prescreen (over the phone) for a position in New York (but not Wall Street), similar to what I’m doing now, albeit with fewer responsibilities. The expected salary mentioned by the HR representative is a good $10,000 more than what I’m earning now.
Updated February 10, 2011 and originally published October 17, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.