Finance workers grab bulk of bonuses
Bonuses worth £13bn were paid out to workers in the finance and insurance industry over the past financial year, an average of £12,000 each, new figures show.
The Office for National Statistics said the sector received more than a third of the £37bn paid to the British workforce, despite accounting for just 4 per cent of all employees.
However, finance and insurance industry bonuses were 9 per cent lower than in 2010-11 and also below the peak years of 2006-07 and 2007-08, when they totalled £18bn and £19bn, respectively.
The average bonus received by private sector employees across the total workforce was £1,700, while the figure for the public sector – including the state-owned banks – was just £300.
- 1 Crystal meth addict 'gouged out his eyes and ate them' while high on drug, Australian MP claims
- 2 As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
- 3 The ten most unequal developed countries in the world
- 4 Saudi Arabia 'seeking to head United Nations Human Rights Council'
- 5 Toddler throws a tantrum at the White House – in front of Barack Obama
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
Report finds that Britain's wages are the most unequal in Europe
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
The day that Britain resigned as a global power
Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...