Everyones paying up for loyalty some way more than others.<\/p>\n
Why it matters: Anxious employers across all industries have been boosting salaries and benefits.<\/p>\n
Driving the news: Bonus season is underway on Wall Street, with $10 million to $25 million payouts being some of the largest in about a decade.<\/p>\n
It got us thinking who else has been bumping up bonuses?<\/p>\n
What they're saying: These bonuses are idiosyncratic whereas wage gains [in other areas of the labor market] are a little bit more sustainable and worth highlighting as very positive for workers in the lower end of the income spectrum, Daniel Zhao, senior economist at Glassdoor, tells Axios.<\/p>\n
The big picture: The size of these paystubs also speak to the way economic inequality has grown over the past two years.<\/p>\n
What to watch: When employer generosity might wane.<\/p>\n
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See the article here:<\/p>\n
Wall street and tech reward big, rare bonuses - Axios<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Everyones paying up for loyalty some way more than others. Continue reading