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How Lucrative Are Wall Street Jobs?
Posted By Barry Ritholtz On March 5, 2013 @ 12:30 pm In Markets,Wages & Income | Comments Disabled
Source: MillerSamuel 
The short answer is 7X the rest of the USA (assuming you have not yet been laid off from that job yet).
That astonishing data point came to us via Jonathan Miller. He used the state bonus compensation data for 1985-2011 .
As of 2011, the securities industry salaries + bonuses were 7x larger than private industry salaries Wall Street remains an important part of the local economy — and this is part of the reason why . . .
Wall Streeters Paid 7X The Private Sector 
Miller Samuel February 27, 2013
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2013/03/how-lucrative-are-wall-street-jobs/
URLs in this post:
 Image: http://www.ritholtz.com/blog/wp-content/uploads/2013/03/MS2-27-13bonus.jpg
 MillerSamuel: http://www.millersamuel.com/blog/wall-streeters-paid-7x-the-private-sector/28511
 bonus compensation data for 1985-2011: https://www.osc.state.ny.us/press/releases/feb13/022613.htm
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