LONDON, March 11 Almost half of Britain's
bankers and other financial services professionals to receive
2013 bonuses were awarded more than the previous year, with the
average payout rising by nearly a third, a survey showed on
The increase comes against the backdrop of public and
investor anger over excessive compensation and European Union
efforts to cap payments.
Bonuses were unchanged from 2012 for 21 percent of 700
professionals surveyed by financial recruitment website
eFinancialCareers, with only 18 percent of those surveyed
receiving less than a year earlier.
The majority of workers picked personal performance as the
primary factor in determining their bonus, while 19 percent said
their award related to their employer's results.
A series of banks have recently disclosed that payments are
on the rise, upsetting shareholders who believe that bonuses
should reflect company performance.
The European Union has sought to address that issue with a
law that limits bonuses to no more than a banker's fixed salary,
or twice that level with shareholder approval. It will apply to
awards from this year.