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The 12 jobs with the biggest pay increases this year

Bankers? Techies? Consultants? Who has seen their salary increase the most in 2016?

Zlata Rodionova
Friday 27 May 2016 14:19 BST
Emolument: "Despite high-delta remuneration, finance jobs are not topping our table"
Emolument: "Despite high-delta remuneration, finance jobs are not topping our table" (Getty Images)

Jobs in banking and finance have often been identified with the highest wages but other industries are catching up quickly.

Marketing and communication managers received the biggest salary increase of any role in 2015 up by 37 per cent to £70,000.

This is according to a study by Emolument, a salary benchmarking website, which has analysed data provided by nearly 15,700 in London for 2015 and 2016.

Marketing jobs were only rivalled by corporate banking where salaries have also increased 37 per cent from £60,000 last year to £82,000 in 2016.

People working in human resources were just behind with an increase of 31 per cent to £80,000 thanks to “intense innovation” due to a high demand in new skills.

“HR managers are expanding their skill set and are in high demand to help companies adapt their culture and management style to millennials” Emolument said.

Technology firms competing with banks for the top talent in IT are pushing remuneration up. The so called C# and Java developers saw an increase of 23 per cent and 12 per cent respectively.

Alice Leguay, co-founder and chief operating officer at Emolument said that despite high remuneration, finance jobs are no longer topping the table.

“Professionals in sectors emerging as game changers such as IT and Digital Marketing are hot property and those with some experience command fast-increasing pay packages,” Leguay said.

“With the financial sector making a huge push to develop their Fintech services, we expect to see IT climb even faster in the coming years,” she added.

The tech industry has overtaken banking according to another ranking of the top-paying companies in the UK by Glassdoor.

Staff at the highest paying companies received total pay packages up to £90,000 – more than three times the median annual salary of £27,600 across the UK.

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