Thursday 20 September 2012

Well done, lads

From Which4U:

Bonus payments for UK workers rose by 3% in the 2011/12 financial year, with those in the finance sector pocketing the most. The amount paid in bonuses reached £37 billion, an average of around £1,400 per worker, said the Office of National Statistics (ONS).

Of this £37 billion, over a third – £13 billion – went to employees in the finance and insurance industry, a 9% fall from the previous year. This equates to roughly £12,000 per employee, from £13,500 the year before.

Though bonuses remain significantly lower than the levels seen before the onset of the financial crisis, employees in finance and insurance continue to do well in a stagnant economy.


I'm not even sure that the last paragraph is true. A third of £37 billion is £12 billion, and before the 'financial crisis', bonuses were running at about £9 billion a year

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