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

Wolf of Wall Street Money Leo Dicaprio

  • “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.

Join the conversation about this story »

NOW WATCH: An early bitcoin investor explains what most people get wrong about the cryptocurrency

Read the full article from it’s original source: http://uk.businessinsider.com/wall-street-bonus-surge-led-by-stock-traders-msnt-2018-8

Share this
Share on FacebookTweet about this on TwitterShare on Google+Pin on PinterestShare on LinkedInShare on Reddit