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 What happens to your body when you give up sugar?
- 2 Have sex with your iPad thanks to the new sex toy no-one asked for
- 3 The 'sex selfie stick' lets you FaceTime the inside of a vagina
- 4 Why you're almost certainly more like your father than your mother
- 5 Westboro Baptist Church couldn't picket Leonard Nimoy's funeral because they didn't know where it was
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
End of the licence fee: BBC to back radical overhaul of how it is funded
Nigel Farage promises Ukip will not 'stigmatise' would-be migrants – and says he wants 'everyone to speak the same language'
Ex-head of MI6: 'We shouldn't kid ourselves that Russia is on a path to democracy'
Most people think legal tax avoidance is just as wrong as illegal tax evasion, poll suggests
iJobs Money & Business
£8 per hour: Recruitment Genius: This Pension Specialist was established early...
£30 - 35k + Bonus & Benefits: Guru Careers: We are seeking an Executive Assist...
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
Voluntary post, reasonable expenses reimbursed: Reach Volunteering: Would you ...