City Bonuses Down; Average $27k
By BankersBall on Jun 29, 2008 in Bonuses, Cube Life, London
London’s financial workers shared a smaller pie this past bonus season.
From December 07 to April 08, the approximately million people working in finance in London collected bonuses totaling £13.7BN or $27.3BN, reports the Guardian, citing early numbers from the Office for National Statistics.
The bonuses averaged about $27k per head. That was down from the £14BN from the prior season.
In a salary survey from earlier this year, approximately 70% of London finance workers reported a similar or greater bonus than 2007.
On Jul 1, 2008, Fundie said:
I would kill for my 2008 bonus down only $27K from my 2007 bonus. My 2008 bonus will be 0% of my 2008 bonus.
On Jul 3, 2008, anonymous said:
> My 2008 bonus will be 0% of my 2008 bonus.
if this statement is indicative of your attention to detail at work too, then your 2009 bonus will also be 0% of your 2008 bonus.
On Jul 12, 2008, Anonymous said:
From £14.0B to £13.7B, a 2.14% decline.
2%. Yawn.
On Jul 12, 2008, Alpha_female said:
From £14.0B to £13.7B, a 2.14% decline.
2%. Yawn.