FCA to raise salaries for lowest-paid staff but bonuses scrapped

The Financial Conduct Authority (FCA) is planning to raise salaries for around 800 of its lowest-paid staff but scrap bonuses from next year, amid tensions at the regulator over pay. The City regulator on Tuesday said its lowest paid employees will receive average salary increases of £5,500, including performance-related pay. Staff who meet their performance

Read the full article at: www.p2pfinancenews.co.uk

  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.

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