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Stuart Gentle Publisher at Onrec

Three-quarters of City employees expect their 2005/2006 bonus to be higher than in 2004

According to figures from the Morgan McKinley London Employment Monitor

Three-quarters of City employees expect their 2005/2006 bonus to be higher than in 2004, according to figures from the Morgan McKinley London Employment Monitor, released today and attached below.

Other highlights of the monitor include:

*A quarter expect this yearís bonus to be more than double the previous year

*The number of new jobs coming on to the market increased to 6,489 in August 2005, compared to 5,922 in July 2005 and 4,347 in August 2004

*Average City salaries have decreased by 4.2% to 49,334 in August 2005 compared to July but are up 1.7% on August last year.

Morgan McKinley is a recruitment consultancy specialising in the banking and financial services sector.

To view the full report, please click the PDF link below