Our latest Bonus Expectations Survey is now available – this was carried out in November with over 500 professionals working across financial services in London, giving us real insight into their thoughts on bonuses and compensation. Compared to last year’s survey we can see a definite faltering in confidence with only 60% this year
Bonus Expectations Survey highlightsOnly 60% of financial services professionals are confident of receiving a bonus for 2012/13Of those who expect to receive a bonus, 89% expect it to be no higher than 30% of their base salaryOver half (57%) anticipate their bonus will be the same as last year, while 27% expect it will be higher33% of those who
Wondering what salary increase to ask for can be tricky. With our insight into who’s paying what and where, we have decided to start tracking the uplift in pay across the City based on employers making job offers each month.Our London Employment Montitor now includes this metric each month. The graph below shows the percentage change – typically
According to the online finance dictionary Investopedia, the term broker refers to a ‘firm when it acts as an agent for a customer and charges the customer a commission for its services’.In the job seeking process, that’s where recruitment consultants like me come in: we act as brokers between the companies and institutions who hire us to find
London has come top alongside New York City in the Global Financial Centres Index published by Z/Yen last week. What’s more, Morgan McKinley is located in four of the top 10 global financial centres identified in this latest report, with operations in London, Paris, Singapore and Hong Kong. In addition Morgan McKinley is located in Australia,
As a contractor, in all markets, when times are good, you reap the rewards, and, when times are hard, your rate will be squeezed. This has never been truer than in today’s change market when only critical projects are being kept live and budgets are more and more under the spotlight.A question we get asked on a regular basis is the rate question.
The recruitment landscape within the asset management space continues to change. Challenging market conditions have meant less job opportunities and a higher number of job seekers fighting for those positions. Having a focus for your job search has never been so important; not just in the type of role, but how you plan to manage your search.You
MORGAN McKINLEY LONDON EMPLOYMENT MONITOR - October 12“Monitoring the pulse of the City jobs market for eight years”City hiring rises at start of Q4 in line with previous years.The Morgan McKinley London Employment Monitor recorded an 11% monthly rise in job opportunities across the London financial services market in October 12Compared to October