Category: Income Inequality

Off the Deep End: The Wall Street Bonus Pool and Low-Wage Workers – BillMoyers.com

The total bonus pool for 177,000 Wall Street employees was 1.6 times the combined annual earnings of all 1,075,000 US full-time minimum-wage workers.

The average Wall Street bonus increased by 1 percent last year to $138,210. Since 1985, the nominal value of the average Wall Street bonus has increased 890 percent, whereas the minimum wage has risen only 116 percent.