The average salary is the highest since the Great Recession in 2008, and higher than in any other major industry. Bonuses were also the highest they have been in a decade after adjusting for inflation, with the average bonus paid to industry employees in New York City growing by 17 percent in 2017 to $184,220.
In 2017, pretax profits in the securities industry totaled $24.5 billion, the highest level since 2010, and profits totaled $13.7 billion in the first half of 2018, also the highest level since 2010.
Across industries, the average salary for securities employees was 5.5 percent higher than the average in the rest of New York City’s private sector, according to the report.
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