Are Banking Bonuses Back for Britons?
Bonuses are still not as high as they were back in 2007 but figures show a 12% improvement in the last financial year, for both finance professionals and the rest of the employees. It seems that Great Britain is slowly but surely recovering from the economic downturn!
A few days ago, the ONS released this infographic to put bonuses in Great Britain into the spotlight. Read on to find some more interesting facts!
Key points to take away:
- In the year up to April 2014, bonuses increased by 4.9% in Great Britain.
- Bonuses jumped by 13.4% for Finance and Insurance professionals in the last financial year
- Finance and Insurance industry are the biggest contributors to bonus growth.
- Bonuses in Finance and Insurance represent as much as on quarter of the total pay.
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