Investment bank grad salary increased to £50k

#1

So investment bank graduate salary is up to £50,000 - increased of 5%: http://www.investoo.co.uk/investment-bank-graduate-salary-increases-to-50000-in-wake-of-scandals/

I read this and was amazed to see it go up , despite crisis etc. Does any one have first-hand proof of banks paying so much?

#2

Ooops - title should be £50k not 50% - sorry but don’t know how to edit.

#3

Just logical since Bonuses declined.

#4

This looks like a really over hyped story. A lot of media are covering this and some saying that it’s because grads aren’t applying for jobs at investment banks as much as they used to be. What the media isn’t saying though, is that the average increase in starting graduate salary at ALL graduate employers this year was 5%.