Home > Uncategorized > Gap Between Wall Street/Average Salaries – Business Insider

Gap Between Wall Street/Average Salaries – Business Insider

October 10, 2012 Leave a comment Go to comments

In 2011, the average salary in the securities industry was 5.3 times greater than the average in the rest of the private sector ($67,900). At its peak in 2007, the average securities industry salary was 6.2 times greater than in other industries. Over the past three decades, the gap has generally widened. In 1981, for example, the average salary in the securities industry was only twice as high as the average in the rest of the private sector.

The average salary in the securities industry in New York City remained substantially higher in 2011 than for the industry in the rest of New York State ($228,300) and in the rest of the nation ($161,800)…Nationally, the average salary in the securities industry reached a new record in 2011.

via Gap Between Wall Street/Average Salaries – Business Insider.

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