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Recession Proof Salaries?

Recession Proof Salaries?
 
Figures, released today by leading executive jobs website Experteer.co.uk, show that despite the recession average salaries for senior executives continue to rise across key industries such as public sector, consulting and financial services. Average salaries across all executive roles in the IT sector fell.
 
The figures taken from a snapshot of the current salaries of senior executive job seekers reveal that the average salary drawn by those in a managerial role rose 3.25% from October 2008 to April 2009. This overall rise compares favorably with the national average wage increase of 2.7% between April 2008 and April 2009.  However, in a more general indication that job uncertainty is disproportionately affecting those in senior roles, the average salary of a job seeker on the Experteer site jumped to 74,000 from April to May following six months of stability at 70,000. This may indicate that more senior executives are feeling greater uncertainty on their future prospects. 

 

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