The 2016 bonus pool held enough dollars to lift the pay of all of the country’s more than 3 million servers up to $15 an hour

BY SARAH ANDERSON, MARCH 15, 2017

Report: The Wall Street Bonus Pool and Low Wage Workers

The 2016 bonus pool held enough dollars to lift the pay of all of the country's more than 3 million servers up to $15 an hour.

Wall Street banks handed out $23.9 billion in bonuses to their New York City-based employees last year, according to new figures from the New York State Comptroller. To put these figures in perspective, we’ve compared the Wall Street payout to low-wage workers’ earnings.

For full sources and methodology, download the full report [PDF].

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