Almost half of the workers in London's financial services industry are planning to change jobs even after getting the yearly bonus they wanted, according to a survey by recruitment firm Morgan McKinley.
Of the 149 people who participated in the survey on the firm's Web site, 46% said they were considering moving jobs after receiving their bonus, Morgan McKinley said today. About two-thirds said the bonus met their expectations. „Many banks have managed bonus expectations well,” Morgan McKinley CEO Robert Thesiger said in an e-mailed statement. „Employees will still move in order to take advantage of the abundance of roles and career opportunities that are currently available.” Bonuses for the 1 million people working in Britain's financial services industry surged as the value of European mergers jumped 43% last year to about $2 trillion, according to data compiled by Bloomberg. Securities firms including Goldman Sachs Group Inc. and Merrill Lynch & Co. reported record 2006 earnings. The number of candidates looking for jobs in January rose for the first time since October, Morgan McKinley also said. In total, 16% more people are looking for new jobs compared with the same period last year. The average city salary has risen 5% in the past year to £50,724 ($99,200), the recruiter said. (Bloomberg)