22 Mar 2011
Up-to-the-minute findings from the latest Croner Reward London Survey show salaries in the capital top the UK national league London, 21 March 2011 – It pays to work in London! The latest London pay and benefits survey by Croner Reward reveals that employees in the capital were awarded pay rises higher than the national average over the last 12 months. The good news continues as forecasts over the next year are also higher than the national average. Viv Copeland, Head of Croner Reward says: "Anyone will tell you that average pay in the capital is typically higher than the national average. However, with the labour market in London reportedly being less affected by the recession and remaining more buoyant than in other parts of the country, there is clearly pressure on employers to maintain or even increase this differential by awarding higher-than-average pay rises." The full findings of the Croner survey of London pay are: • Average pay rise awarded in the last 12 months was 2.4% (the national average was 2.0%) • The average pay forecasts are 2.6% (as opposed to the 2.5% national average) • The average pay for a senior manager in London is £48,159, 9% above the national average • For junior managers the average pay is £32,136 in London which is 8% higher than the national average • Pay in the central London area is even higher with a senior manager paid £49,374 and a junior manager £34,675 • Supervisors and senior administrators in London earn an average of £29,106, 15% higher than the national average • General clerical jobs attract a salary 8% above the national average at £19,000 • In central London supervisors/senior administrators earn on average £32,656 and general clerical workers earn £21,146. Notes to editors The salary survey was carried out online by Croner Reward during March 2011 to businesses across the London region. For more information and to speak to Croner Reward please contact Clare Moore telephone+44 (0) 1455 897156 or email firstname.lastname@example.org
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