BUSINESS
01/24/2012 09:01 am ET

Wall Street Pay Restructuring Raises Questions Over Banks Future Security

Pay is down on Wall Street. But the changing nature of compensation means today's payouts could yet haunt big firms if financial markets don't snap out of their funk.

Since the financial crisis, banks have lessened short-term incentives. Base salaries have risen, while bonuses have fallen. And a bigger portion of incentive compensation is now paid in stock that typically vests over three years.

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