Tynin Fries joined The Denver Post in 2018 as an intern. Then, she joined the team as a Digital Strategist and was promoted to Deputy Director of Audience in 2022. She is a proud ASU Cronkite alumna (#godevs)! In between producing news and writing stories, Tynin is out exploring all that Colorado has to offer.
FILE — People pass the front of the New York Stock Exchange, March 22, 2023. The average Wall Street bonus fell slightly last year to $176,500 as firms took a “more cautious approach” to compensation, New York state’s comptroller reported Tuesday, March 19, 2024. NEW YORK — The average Wall Street bonus fell slightly last year to $176,500 as the industry added employees and took a “more cautious approach” to compensation, New York state’s comptroller reported Tuesday.
DiNapoli’s office said the slight decline could be attributed to the compensation approach as more employees joined the securities industry.The average Wall Street bonus hit a record high $240,400 in 2021, compared to a relative low of $111,400 in 2011. “While these bonuses affect income tax revenues for the state and city, both budgeted for larger declines so the impact on projected revenues should be limited,” DiNapoli said in a prepared statement. “The securities industry’s continued strength should not overshadow the broader economic picture in New York, where we need all sectors to enjoy full recovery from the pandemic.”
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