Insurance salaries lagging behind other sectors

Bag of money

Only 6% of employees in the insurance sector received pay rises in 2014.

The insurance industry is behind other sectors when it comes to employee pay rises, according to a study by Reed Specialist Recruitment.

The study showed that only 6% of insurance professionals got a pay rise in the last year, in comparison to 41% of workers in all professions.

In addition, 45% of insurance professionals said they would have taken a different career path if they had their time again after leaving compulsory education, compared to 57% of all professionals.

The sector with the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Meet the MGA feature: Arc Legal 

Arc Legal CEO Lee Taylor outlines the value in having a supportive parent of the scale of AmTrust; and why it makes sense to keep an eye on legislation and social changes in order to innovate and develop new products.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: