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Despite the fact that marketing is arguably a discretionary spend, just over half of financial services marketers have seen salary increases of up to 20% over the last two years and just over 13% have seen increases of over 20%. That’s according to a salary and bonus survey undertaken by specialist financial services recruiter McGregor Boyall

While well over a third of financial services marketing professionals were not eligible for a bonus, of those who were, almost a quarter received 10% of their base salary or less. Almost a fifth received over 30% and almost another quarter received between 11% and 30%.

Respondents appeared fairly ambivalent about salary and bonus expectations for next year with almost 70% predicting no real change in salary and almost half ( 47%) expecting no change in bonus levels.

However, it is clear that money still talks – although not at all costs. When asked what factors would influence their decision when looking for a new job, base salary was seen as the most important influencer with career progression coming a close second.

Commenting on the results, Emma Jerome who heads up the Marketing Division at McGregor Boyall said: “Despite the continuing economic uncertainty, we are finding that there is there is increased pressure on businesses to source high calibre and talented marketing professionals to play a key role in driving businesses forward – and while compensation levels are important – it is important for employers to keep in mind the other motivators such as exposure to new challenges, work life balance and career progression."

Tracey Dunn
BlueSky PR
01582 790702

This press release was distributed by ResponseSource Press Release Wire on behalf of BlueSky Public Relations Ltd in the following categories: Media & Marketing, for more information visit