Wall Street bonuses hit record high | CNN Business

CNN  — 

Bonus season on Wall Street runs through March, and based on estimates released Wednesday morning, it has been a lucrative start to spring for the more than 200,000 people working in the securities industry.

Their total bonus pool hit a record $47.5 billion, up 34% from last year, according to the office of New York State Comptroller Thomas P. DiNapoli. The average bonus paid to employees also hit a record high, at $244,700, up 31.5% from the year before.

The big bonus payouts follow a 90% jump in Wall Street profits last

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