With a revival of the financial institutions, the employees of Wall Street are celebrating the good times with the hike in bonuses levels in the New York City securities as industry went for a toss by 17% to $20.3 billion in 2009. As compared to the $17.4 billion bonuses in the year 2008 which was due to the loss recorded in the securities world with $42.6 billion.

However the New York Stock Exchange broker-dealer entity banged a record of $49.9 billion in its first three quarters of 2009, further the predicted profits could budge a $55 billion in 2009 for make a new record. The average figures of Salaries and bonuses recorded a 40% of net revenue in 2009, on a comparable basis with about 50% in the last year.

The taxable bonus averaged, in 2009 inclined to $124,850, on a comparable basis to $112,000 in 2008. Further the total compensation averaged at the largest investment banks, was up by 31% while the overall compensation averaged with an increased level of 27%.

According to the officials of J. P. Morgan, the employees of the firm shall be getting about $17 million in bonuses, but no cash. Now the largest financial firm's top executives shall not be receiving cash bonuses in 2009. This would lead to more difficult time to estimate the total bonuses.