Markets Magazine

We Thought Our Pay Would Be Higher, Wall Streeters Say in Poll

Financial professionals fret about their pay (too low), their industry (shrinking), and their regulators (don't even get them started).

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Ask Main Street about Wall Street and you probably won’t hear this: Banker pay is surprisingly low. But that’s what financial professionals say.

Asked whether they earn more or less than they expected when they decided to pursue a finance career, 48 percent of respondents in the Bloomberg Markets Global Poll say compensation is less or much less than they had hoped for. Just 14 percent say their pay exceeds expectations. A third say they earn about what they thought they would.