Wall Street professionals can expect higher year-end incentive payouts this year compared to last, according to a report by New York-based compensation consulting firm Johnson Associates, Inc.
Overall year-end incentives, which include cash bonuses and equity awards, will increase five to 10 percent this year, but those figures vary by firm.
This is the second year in a row that industry professionals will receive larger year-end awards. Fixed income traders, however, can expect to see a drop in their payments from last year, the firm said.
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