Wall Street bonuses jumped up in 2012
Wall Street bonuses jumped last year, according to a new state report.
New York State Comptroller Thomas DiNapoli released data today revealing that cash bonuses to finance employees increased by 8 percent last year.
The total was a whopping $20 billion, according to the report.
The average cash bonus also increased, by 9 percent to an average of $121,900, according to the report.
And the average salary for the securities industry, including bonuses, was $362,900 in 2011, the last year data was available.
The report also revealed that the industry has 10 percent fewer jobs in the city since the recession began in 2008.