U.K. Bankers Anticipate a Pay Rise, Ernst & Young Says
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About 41 percent of U.K. bankers expect a pay increase this year as Britain’s economy recovers, according to a survey by Ernst & Young LLP.
Some 80 percent of participants expect a better economic development in the second half, with 71 percent signaling optimism that the performance of their bank will improve, the study by the accounting firm showed today. Forty-nine percent of bankers forecast an increase in headcount.