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Salaries for Wall Street stockbrokers generally start at about $40,000 per year, but may be considerably lower for those in internship or training jobs. In contrast, stockbrokers who have worked in the field for at least 10 years have a median salary of about $120,000 per year.
Wall Street banks handed out $28.5 billion in bonuses to their 167,800 employees last year, up 3 percent over 2013, according to new figures from the New York State Comptroller. These annual bonuses are an extra reward on top of base salaries in the securities industry, which averaged $190,970 in 2013. To put these figures in perspective, weâve compared the Wall Street payout to low-wage workersâ earnings.