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Please be advised about the law of average and how huge bonuses of the top can give a very misleading perception of "average"
As can be seen in the accompanying graphic, the average financial industry employee earned just over $100,000 in the first three months of the year, a figure that was up sharply from the same period of 2009 but still below the payouts in the previous three years.
The fact that those averages include bank tellers and trading desk clerks, as well as senior investment bankers, shows just how large many of the bonuses were.
Wall Street Pay Is Rising Fast - NYTimes.com
As can be seen in the accompanying graphic, the average financial industry employee earned just over $100,000 in the first three months of the year, a figure that was up sharply from the same period of 2009 but still below the payouts in the previous three years.
The fact that those averages include bank tellers and trading desk clerks, as well as senior investment bankers, shows just how large many of the bonuses were.
Wall Street Pay Is Rising Fast - NYTimes.com
