Switching City jobs brings a pay jump of 24 per cent
Monday 11 February 2013
City workers who switched their jobs last month will have started the year with an average 24 per cent pay rise, figures have revealed.
London's financial services sector had 2,331 available jobs in January, 76 per cent more than in December, with IT, compliance and auditing roles among the most lucrative.
However, the figures from Morgan McKinley show that the actual number of jobs available dropped by 18 per cent year on year.
Experts warned that storm clouds are now gathering over the City jobs market, with thousands of financial services jobs expected to be cut this year. Hakan Enver, operations director, said: "January once again illustrated the pattern of renewed hiring activity that we see at this time of year.
"Hiring-managers and key decision-makers returned to work, preparing to release new jobs to the market following budget and headcount restrictions limiting hiring in December.
"While a 76 per cent increase in job availability may seem like a sign of an improving market, looking back at 2012, job availability fell to a real low across the City.
"This lowered level of job availability underlines research from the CEBR, which forecasts that London is set to lose 13,000 financial services jobs this year."
- 1 National Orgasm Day: Six reasons (plus one bogus one) why they're good for us
- 2 The 'world's most beautiful vagina' has been debunked by science
- 3 Whoopi Goldberg tells Cara Delevingne to suck it up: 'She's not famous. I'M famous'
- 4 John Green schools morning show hosts after awkward interview with Cara Delevingne
- 5 Doctor Who: Christopher Eccleston says why he left the BBC series after just one series
What turns someone into a conspiracy theorist? Study to look at why some are more 'receptive' to such theories
Stuart Baggs dies: Apprentice star 'The Brand' found dead aged 27
Whoopi Goldberg tells Cara Delevingne to suck it up: 'She's not famous. I'M famous'
John Green schools morning show hosts after awkward interview with Cara Delevingne
Supermodel Gisele Bundchen mocked for wearing a burka to avoid being seen visiting plastic surgeon in Paris
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn – or a return to a Labour government
Labour leadership contender Jeremy Corbyn says 'we can learn a great deal from Karl Marx'
Is Britain really full up? Are migrants taking our jobs? Leading academic answers the most common anti-immigration claims
Public anger after French sunbather beaten up by gang for wearing a bikini in Reims park
Labour leadership: New poll shows party is now even 'less electable' than under Ed Miliband
While we fixate on Calais, the Home Office is quietly deporting dozens of migrants on 'ghost flights'
iJobs Money & Business
£13000 - £15000 per annum: Recruitment Genius: Are you passionate about custom...
£22000 - £25000 per annum: Recruitment Genius: Main purpose: Under the directi...
£35000 - £37000 per annum + benefits : Ashdown Group: Contracts Manager - City...
£35 - £50k DOE: Guru Careers: A Tax Manager / Accountant (ACA / CA / CTA) is n...