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Reuters/Carlo Allegri
It was a good year to be on the street.
IN THE MONEY

Wall Street bonuses were the third highest on record in 2013

By Matt Phillips

For those who work on Wall Street, 2013 was a good year. Average bonuses paid to workers in New York City’s securities industry rose 15% to $164,530. That’s the third highest level on record for average bonuses, according to a report from the comptroller of the state of New York (though still about 14% lower than the 2006 peak of $191,360). Broader bonus pools—from which individual bonuses are drawn—were also up 15% to $26.7 billion.

Other data suggests that pay packages got fatter in other world financial centers such as London, Singapore, Hong Kong and Sydney. A survey of 2,600 financial workers from eFinancialCareers suggested a brisk pickup in bonuses in 2013. London stood out as the financial center where the most respondents reported receiving higher bonuses—roughly 49%, that survey said. But New York was close behind, with 47% saying their bonus rose last year.