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It still pays to be on Wall Street.
Even as the financial industry in New York has slashed jobs by the thousands, the average worker who remains is collecting a near-record paycheck.
In a report released on Tuesday, the New York State Comptroller, Thomas P. DiNapoli, said that the average pay package of securities industry employees grew slightly last year and was up 16.6 percent over the past two years, to $362,950. Wall Street’s total compensation rose 4 percent last year to more than $60 billion.
That tally is the third highest in Wall Street history, trailing only the total amounts in the years 2007 and 2008, when the financial crisis was gathering force.
http://dealbook.nytimes.com/2012/10/09/wall-street-pay-remains-high-even-as-jobs-shrink/
