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Pay & benefitsSalary surveys

City pay passes £50,000 mark

by Personnel Today 2 May 2006
by Personnel Today 2 May 2006

The average salary for employees in London’s financial district has broken through the £50,000 mark for the first time.

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A typical City worker now earns £51,571 a year, a 10% increase on March 2005, according to recruitment firm Morgan McKinley.

The number of financial services jobs created in the Square Mile last month also showed a record increase, up 54% from the same time last year at 7,700.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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