You are here

Firms pay premiums to recruit top-level management

Law firms competing to recruit and retain top-quality people are extending their efforts to management professionals according to a survey that shows that financial directors at some firms are earning £360,000.

20 August 2002

Add comment

Law firms competing to recruit and retain top-quality people are extending their efforts to management professionals, according to a survey that shows financial directors at some firms are earning up to £360,000.

The survey, conducted by finance recruitment company Carter Murray, also found that chief executive officers are being offered salaries of almost £200,000 and management accountants over £60,000.

On average, salaries for financial management professionals rose by 4.2 per cent last year – compared to a rise of more than five per cent on the previous year. A firm with more than 80 partners employed an average of 46 financial staff and those with 30-80 partners had, on average, 18 finance personnel.

Categorised in:

HR