Wednesday, October 18, 2006

Average Wall Street paycheck nears $300,000

Title: Average Wall Street paycheck nears $300,000
Source: Reuters
Date: October 17, 2006

From the article:
    Wall Street workers took home nearly $300,000 on average last year as profits from trading and merger advising fueled record earnings, New York State Comptroller Alan Hevesi said.

    Wall Street compensation averaged $289,664 per person, 5.1 times the average $56,634 for workers citywide, the comptroller said in a study released Tuesday. The highest-paid bankers and traders can command eight-figure pay packages.


At 6:55 AM, Anonymous Anonymous said...

President Bush (400 000) earns less than the CEO of the American Red Cross, Mark W. Everson (500 000). You can check out the salaries of other charity ceo's at Those people earn as much as the people on wall street around 300 000.
Joost Vandeputte


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