High performance pushes up financial salaries

Individuals who perform well in financial jobs are pushing up salaries in the sector, a report has shown.

The 2007 UK Financial Services Compensation Report has shown that average basic salaries rose across the sector by 4.2 per cent, with investment management jobs seeing cash rises of 11.3 per cent.

The sales sector was another area with strong cash growth, showing an increase of 7.9 per cent.

Iain Nichols, a senior consultant at Watson Wyatt, commented: "The differentiation is made through bonus payments and comes as a result of the desire to differentiate individual performance as well as the financial performance of the organisation."

He went on to outline how salaries in the sector are driven by high performance and are reflecting the demand for "specific skills and abilities".

This could be of interest to graduates who are considering a career in the financial and investment sectors.

Watson Wyatt has nearly $3 billion in revenue and 7,000 associates in 32 countries.

Pareto - Graduate Sales Jobs with some of London's largest companies earning up to £35k OTE
ADNFCR-834-ID-18424029-ADNFCR

Share and Connect

                                        

 What are these?

Follow, connect, link to us

Follow on Twitter

Follow Pareto on Twitter

Link to us

Connect with Pareto on LinkedIn

Read our Blogg

Read our recruitment blog

Connect with us

Read our recruitment blog

 

[Search]