Some of the largest bonus increases are expected in investment banking and trading. M&A bankers and senior banking executives are projected to receive average bonus increases of 17.5%. Corporate support staff are also expected to receive double-digit bonus increases. Professionals working in real estate asset management, venture capital and smaller private equity firms are not expected to receive meaningful bonus increases overall. Johnson said that unlike previous Wall Street compensation booms, firms are rewarding existing employees rather than aggressively expanding payrolls.