Can someone tell tech hiring on Wall Street? Financial companies seem to suffer from salary rot, a seasonal affliction appearing towards and after Comp Day. N

Can someone tell tech hiring on Wall Street? Financial companies seem to suffer from salary rot, a seasonal affliction appearing towards and after Comp Day. New hires get paid more. Sometimes a lot. Salaries are geared to stay at or just above inflation while more risk is taken by the employee due to bonus turning after a few years not into "bonus" but "missing piece of salary".