Wall Street incentive pay is set to rise by about 40% according to a closely-watched survey....

|By:, SA News Editor

Wall Street incentive pay is set to rise by about 40% according to a closely-watched survey. Johnson Associates predicts incentive-based payouts will surge by as much as 60% from 2008 for employees in rebounding businesses like fixed income and equities. Conversely, the firm predicts declines of 15-30% at hedge funds, private-equity firms and prime-brokerage operations which have seen a marked drop in AUM.