Advertisement

3 Reasons Why Banking Bonuses Are a Big Deal

3 Reasons Why Banking Bonuses Are a Big Deal

Banking bonuses, or the amount of money paid out to top executives and employees in the banking industry, can range from hundreds of thousands of dollars to even millions of dollars for high-performing bankers. For Wall Street, these bonuses are offered in addition to regular salaries and wages and can be several times the base pay. With interest rates skyrocketing, investment banking revenue has dropped by more than 50% from the previous year.