Banking Bonuses in 2026: Are You Getting Paid Fairly?
As we enter 2026, it’s a good time to reflect on whether you received fair compensation for your hard work last year. Across the United States, major banks have already announced and distributed bonuses, revealing significant disparities in pay.
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Harrison Rush’s Insights on Banking Compensation
According to US recruitment firm Harrison Rush, top performers in the banking industry are not equally compensated across firms. Their data shows that total compensation for top-ranked bankers ranges from $180k for first-year analysts to over $2.5 million for managing directors in elite boutique banks.
While specific salary and bonus breakdowns are not provided for all levels, Harrison Rush previously stated that bulge bracket managing directors earn between $300k and $450k in salaries, with additional bonuses making up the rest of their compensation. Similarly, managing directors in elite boutique banks receive salaries between $300k and $500k.
CEO Tom Ragland highlighted that technology bankers saw the largest bonus increases this year. In a competitive market, top vice presidents were reported to earn up to $740k in the previous year, with some surpassing that figure according to Ragland.
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