Taking stock: Minimum wage would be $33 an hour if it grew at the same pace as ...

Taking stock: Minimum wage would be $33 an hour if it grew at the same pace as Wall Street bonuses, new study finds Wall Street bonuses have risen 1,000% since 1985 – going from $13,970 to $153,700 in 2018, according to a new report on wage disparity By comparison, the federal minimum wage ($7.25 an hour since 2009) has increased 116% during the same 33-year period The total value of all bonuses handed out to the 181,300 New York City-based Wall Street employees in 2018 was $27.5 billion, down 17% from 2017 That still amounts to three times the combined annual earnings of all 640,000 American workers earning the federal minimum wage

By Valerie Bauman Social Affairs Reporter For Dailymail.com

Published: 21:14 GMT, 26 March 2019 | Updated: 21:16 GMT, 26 March 2019

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Minimum wage workers would be making $33.51 an hour if their earnings had grown at the same rate of Wall Street bonuses, according to a new report.

Those big bonuses have risen 1,000 percent since 1985 – going from $13,970 to $153,700 in 2018.

By comparison, the federal minimum wage ($7.25 an hour since 2009) increased 116 percent during the same period, according to the analysis by the left-leaning Institute for Policy Studies.

The total value of all bonuses handed out to the 181,300 New York City-based Wall Street employees in 2018 was $27.5 billion, or three times the combined annual earnings of all 640,000 American workers earning the federal minimum wage.

The bonuses are paid in addition to regular salaries and

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