(New York, NY)  --  A report out today says Wall Street incentive pay will rise by about 40-percent this year.

   "The Wall Street Journal" is reporting on the Johnson Associates projection that says the biggest increases in year-end cash bonuses will go to workers in businesses that are rebounding.

   They could see pay packages surge by up to 60-percent from last year.

   While Wall Street critics continue to complain about huge pay packages for executives at banks and investment companies, those companies counter they need to pay what it takes to hold onto talent.

   A new issue has cropped up with some of that top talent being poached by companies that didn't receive taxpayer bailouts.
   Those companies are operating below the critical radar in most cases.

   Michael Karp, co-founder of the headhunting service Options Group, predicts pay packages will vary between firms that have paid back their government aid and those that haven't.

   On Wall Street there seem to be two schools of thought.

   Some workers are complaining about a year of disappointing compensation.

   Others seem happy just to have jobs.


   (Copyright 2009 by VERTEXNews/Newsroom Solutions)