Workers in Britain’s financial services typically received the biggest bonuses in the global industry, after the UK scrapped a cap on bankers’ payouts. The average bonus paid to financial services professionals in the UK last year rose by almost 26 per cent year-on-year to $148,961, according to a survey of 2,500 global workers by eFinancialCareers, a jobs platform. This meant that Britain surpassed North America, where the average bonus for financial workers in the home of Wall Street increased by about 18 per cent to $145,817. In Europe, payouts rose 19 per cent to $108,522 while in the Asia-Pacific region they were up 22 per cent to $48,880, according to the survey of workers in areas from investment banking and private equity to compliance and

Source: The Times April 18, 2025 21:42 UTC