London investment firms are doubling the salaries they are offering in many cases in order to hire back people they lost to the investment boutique business, when some 49,000 jobs were lost, reports Bloomberg. The higher salaries are designed to offset the fall in bonuses, which have come under attack in recent months.
Links to other sites: Bloomberg, Financial Times, London Evening Standard
Posted by Ellen Wallace on 8 January 2010 at 9:27 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 8 January 2010.
Filed under: World news
Tags: boutiques, investment firms. bonuses, job offers, London, salaries, Wall Street pay
We are happy to have your comments, which are approved before they appear: please remember to be courteous and brief. We accept only comments directly related to an article. We do not accept comment spam - messages sent to more than one site. We do not publish comments if the e-mail address is not legitimate. Thank you!