Last year was, by various and sundry if not to say all accounts, rather a shitty one. Luckily, if you are a reader of this blog, there was something to cushion the blow.
The average bonus paid to securities industry employees in New York climbed 20% to a record $257,500 for last year, according to state comptroller Thomas DiNapoli.
That said, use it well.
The city’s financial planning assumes that markets activity cools off this year, and that bonuses for the industry will drop by 17%.
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