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Salaries for Wall Street stockbrokers generally start at about $40,000 per year, but may be considerably lower for those in internship or training jobs. In contrast, stockbrokers who have worked in the field for at least 10 years have a median salary of about $120,000 per year.
The $28.5 billion in bonuses doled out to Wall Street employees is double the annual pay for all 1,007,000 Americans who work full-time at the current federal minimum wage of $7.25 per hour. Wall Street bonuses rose 3 percent last year, despite a 4.5 percent decline in industry profits.