The remuneration will record this year, Wall Street

Comprehensive message according to the United States from the Wall Street Journal reported that the United States the major banks and securities companies this year is expected to pay staff salaries of about 1400 billion, a record level show that although Wall Street compensation culture was subjected to a rigorous review of the regulatory authorities, pay it in the rebound.

According to the Wall Street Journal on the first half of 2009, submitted to the securities regulatory authorities and the whole year estimated income files of an analytical report, the United States 23 top investment banks, hedge funds, asset managers, stock and commodity exchanges of staff is expected to be even higher than in 2007. The Wall Street Journal analysis of these listed companies of the total salaries and benefits are expected to increase by 20% compared with last year.

The stock peaked in 2007, the company paid a $ 130 billion in compensation and benefits. Last year, decreased to $ 1170.

Pay growth reflects Wall Street company rapid return to pre-crisis level of income. Although the economy remained sluggish, the unemployment rate of almost 10%, but with the stock market rises, credit markets thaw, transaction revitalization and various Government rescue plan continued to play the effect, the enterprise has received a boost.

According to the Wall Street Journal's analysis, it is expected that these enterprises income will reach more than 640 billion, 3450 billion in 2007. This reflects the Wall Street firms increased confidence, they consider themselves to be able to pay high salaries top talent, especially in the enterprise returned to the financial crisis, the worst when taxpayers ' money. Salary expert reminded that, with the remainder of 2009 and more clear, at least for the performance of some companies may decide to reduce the level of pay.