Basic salaries for broker consultants are averaging around £25,000 across England and Wales, accordi...
Basic salaries for broker consultants are averaging around £25,000 across England and Wales, according to a survey by financial services headhunters Paul Harper Search & Selection.
The poll covered 405 broker consultants which Paul Harper Search & Selection estimates represents 20% of the broker consultants in England and Wales.
It found that the average basic salary for a broker in Central London is £27,230 while the average for those on the South Coast is £23,650, which the company said is likely to reflect consultants' willingness to compromise salary for a better lifestyle.
More variation was found in the level of total salaries, which range from £46,210 a year in the West Midlands to £75,440 in Central London. The survey found most of the highest earners are based in Central London where 27% of respondents earned over £100,000 compared with 1% elsewhere.
Paul Harper, founding director of Paul Harper Search & Selection, said: "This report demonstrates that companies still value the service that broker consultants offer and provides a useful insight into how rates of pay vary by ability and region."
The poll also found broker consultancy is dominated by the young with 77% of consultants being under 40 years of age while 50% are less than 34.
In Central London around 14% of consultants are over 40.
For more information call 0117 905 8732. or email www.paulharpersearch.co.uk
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created