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Key Takeaways Wall Street interns leading the way.

Average Wall Street Bonus Falls Slightly The average Wall Street bonus fell slightly last year to $176,500, as the industry added employees and took a “more cautious approach” to compensation, New York state’s comptroller reported Tuesday.

Collectively, tech employers cut more than 150,000 jobs in 2022, the Wall Street Journal reported .

.; HR leadership veteran Katie Burke will appear in a panel discussion on the main stage at WorldatWork’s Total Rewards ’24 conference , coming up on May 20-22 in Cincinnati.

The conference featured researchers from across Europe, North America, Asia, the Middle East and Australia, panels of HRM and rewards professionals from Belgium and beyond, and a virtual appearance from JTR’s editor, Jim Fickess.

President Donald Trump’s executive orders targeting diversity, equity and inclusion (DEI) programs — primarily within the federal government and for federal contractors, but also with ramifications for all private employers — are OK to proceed, based on the Friday, March 14, ruling by a panel of three federal judges.

WorldatWork obtained responses from full-time sales compensation or human resources professionals via the Schlesinger Group panel online.

As reported by the Wall Street Journal , Microsoft Corp. said it won’t raise salaries for full-time employees this year, citing concerns over an uncertain economic climate.

As reported by the Wall Street Journal , Amazon announced it would cut 9,000 additional corporate jobs across multiple business units, including its highly profitable cloud-computing and advertising businesses.

It will also pay $125,000 in civil penalties and other damages to the State of Vermont, and $275,000 in damages to the estate of one of the complainants who died during the course of the litigation.