It looks like HR people are the worst paid in the entire financial services industry
We have been guilty of claiming that HR people in investment banks are reasonably well paid. Maybe we have been wrong.
Not long ago, we reported on a survey suggesting the average HR salary is now 54.5k and the average HR bonus 9.8k.
Prior to that, we proposed there are some HR people in the City earning 500k and that HR are 'empowered.'
How mistaken we may have been.
New data elicited from our annual compensation survey, (based on an admittedly small sample of 14 HR persons and 3,000 others), suggests HR & Recruitment people are the worst paid in the entire City, with median total compensation of a mere 42.3k, compared to 106k in the front office.
Even worse, our small sample suggests HR persons can do little to improve their lot: at 52k, their mean compensation isn't much higher than median. Even the average 'operations' professional is better paid.
