August 12, 2005

Hedge Fund Companies pay well

Looking for a high paying job? Hedge Funds companies are the ones you should be working for. A recent survey by the Guardian revealed that Fund management and investment banking are the highest paying jobs. Salaries crossing £ 100,000 have been seen in the industry lately. Man Group tops the list by paying an average of £115,651 to its 2,888 employees. Next in line is venture capital specialist 3i with average pay of £107,471. Salaries at Schroders were almost touching £100,000. The top ten employers list also included Barclays, the property developer Land Securities, BP and the financial information company Reuters. People at the lower end of the ladder however feel that the enticing structures are at the boardroom level and does rarely percolate to the lower strata. Guardian.co.uk reports:

“Tesco, where the board emerged as the second-highest paid in the executive earnings survey behind Sir Martin Sorrell's WPP, paid its 243,000 workers an average of £12,713 - making it seventh from bottom. “

Read More: Pick hedge funds; don't stack shelves

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August 12, 2005 in Research | Permalink




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