ALBANY, N.Y. (AP) — New York state’s comptroller is set to release his annual estimate of the average bonus paid to Wall Street security industry employees.
Comptroller Thomas DiNapoli (dee-NAP’-oh-lee) is scheduled to release the information Tuesday morning. He’ll also release the 2018 profits for New York City’s security industry.
As the state’s top elected fiscal officer, the comptroller releases an annual accounting of bonuses paid to securities workers. The information serves as an indicator of how the financial services industry is doing.
It also gives city and state tax collectors an idea of how much to expect from taxes on the billions of dollars in bonuses Wall Street brokerage firms pay employees.
Last March, DiNapoli reported that profits soared for a second consecutive year in 2017, pushing the average bonus paid in 2018 to more than $184,000.
