Survey: Mid-level IT Salaries Cut by £10K

ORGANIZATION AND MANAGEMENT

LONDON--Most senior IT executives at UK- and other European-based firms maintained their salaries in 2002 compared with 2001, but their underlings have seen their annual base salaries fall by £10,000 or more, and have had their earning potential cut by as much as 25 percent, according to the latest salary survey from financial IT recruiter Thomson Keene.

The slide in salaries and bonuses for non-executive securities trading and related IT employees is directly related to firms freezing new

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