Wall Street bonuses for 2024 are estimated to hit $244,700, an increase of almost one-third — 31.5 percent — over bonuses for 2023, marking the first “significant bump” since 2021, according to the annual review compiled by New York State Comptroller Thomas P. DiNapoli. However, this bonus bounce may not be repeated next year as… Read More >>
Wall Street Profits Jump 79% for H1 2024
Securities-trading firms in New York City — the actual Wall Street institutions — appear to be sailing to a “dramatic” increase in profits for 2024 and that could mean bigger bonuses next year, according to an annual report from the Office of the New York State Comptroller (OSC) headed by Thomas P. DiNapoli. “Wall Street’s… Read More >>
Johnson Associates Projects Bonuses Up for Most Sectors
Recent market swings, jitters, and recession fears aside, bonuses may wind up higher for most Wall Street sectors after two years of steady declines, says Johnson Associates, Inc., a strategic compensation solutions provider based in New York City. The company is projecting “year-end incentives to be higher across almost all sectors” in its “Financial Services… Read More >>
How Gadgets Can Help with Working Remotely
It’s been a while since my last gadget-based-on-your-bonus report and I would be remiss if I didn’t mention that bonuses took a hit. Many working on Wall Street and elsewhere have found that their bonuses delivered in 2024 shrunk compared to last year. The average Wall Street bonus, based on performance in 2023, shrunk by… Read More >>
Shrinking Bonuses Pale in Comparison to the A.I. Threat
Many Wall Street participants, including middle- and back-office teams, are getting ready to celebrate a variety of spring holidays with the added bonus of a real bonus for their efforts last year. However, some may find that their bonuses have shrunk compared to last year. What may be more disturbing, though, is that a prominent… Read More >>
War, Interest Rates & Inflation Shrank Wall Street Bonuses
If you hear a few roars emanating from Wall Street towers, they are most likely about the decline in cash bonuses for 2022. Thomas P. DiNapoli, the comptroller for the state of New York, has just released his annual estimate for Wall Street bonuses and they have dropped by an average of 26 percent because… Read More >>
Is a Roku-Designed TV Bonus Worthy?
As Wall Street navigates bonus season, I have another entry in my ongoing quest to provide information about gadgets, services, and consumer goods worthy of your bonus. This time I am eager to shine the spotlight on Roku, the San Jose, Calif.-based maker of digital media players that have an operating system for streaming digital… Read More >>
Bonus-Worthy Gadgets: Time to Switch to Roku?
In my continuing coverage of bonus-worthy gadgets, I am focusing on the latest from the maker of streaming player devices, Roku, Inc. The vendor has released the “Roku Ultra,” a bundled offering that company officials say is intended to help you better navigate the complex world of streaming and Web-based content, particularly if you have… Read More >>
Bonus-Worthy Gadgets: A Smart Collar for Your Pooch?
(Editor’s Note: FTF News was fortunate to get time with Terry Anderton, the founder and CEO of Wagz, a company that launched the Wagz Freedom Smart Dog Collar, which sells for $249.00. The device does not use electric shocks to keep your dog from straying. Instead, this dog collar applies more humane methods to stop… Read More >>
Average Wall Street Bonuses Hit $257,500
Bonus season on Wall Street is here and it could be quite lucrative for some. For achievements in 2021, bonuses for staff at actual Wall Street firms grew by 20 percent over bonuses for 2020, according to the New York State Comptroller’s office. “The average bonus paid to employees in New York City’s securities industry… Read More >>
