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Competition for "star performers" in the City has dramatically boosted salaries, with workers taking home around six per cent more cash between June and July, a survey revealed today. Full Article at Daily Express
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Signs of life are returning to recruitment at Britain's bruised investment banks, with new job openings at a peak for the year and hiring expected to continue after the summer lull. Full Article at CNBC
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COMPETITION for “star performers” in the City saw average pay rise 6% between June and July as confidence continues to return to the finance sector, a survey revealed yesterday. Full Article at Wales Online
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They saw their average annual pay packet increase by 6 per cent last month to £53,223. It will bring further misery to hundreds of thousands of families across Britain who have lost their jobs and face being evicted from their homes. Full Article at The Telegraph
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City pay packets soared 6 per cent in July as banks started competing more aggressively to hire new talent despite taxpayer anger over banker’s pay and bonuses. Full Article at Times Online
Related Quotes
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Where there were 11 or 12 last year on a team, they've been cut down to two or three ... Now the people who head up those areas are thinking: 'Well, perhaps we actually need to hire one or two'.
SOURCE: CNBC -
People who traditionally would have been on 50,000 pounds as an analyst are now on 55,000, and associates, who would have been on 60,000, are now on mid-70s
SOURCE: CNBC -
There is no shortage of candidates who are looking to get back into the market
– Andrew Evans SOURCE: CNBC -
I do think that government has a role in trying to stop undesirable practices, such as excessive risk-taking through bonus payments in the banking system where we all stand to lose if that goes wrong
