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LMA Salary Survey - 2016
1. Salaries have continued to rise throughout 2016 with
the increase in demand for good calibre secretarial and
administrative staff particularly with West End based boutique
investment and consultancy firms who have remained
competitive in hiring the best talent. The City (mainly the
financial services sector) has experienced a slight decline or
stagnancy as a result of Brexit, but this is compensated by the
growth within the technology sector.
Equally, the commerce and industry sector has also seen a
slight upswing in salaries in order to attract quality candidates,
especially senior secretaries, due to direct competition with the
FS sector.
Bonuses within the financial services sector have averaged
around the 20% mark whilst within commerce and industry
around 10%.
As we enter 2017, we have noticed an immediate uplift in
vacancy levels and candidates are becoming in ever short supply.
Clients are operating with a “business as usual” sentiment and
the markets are busy as a result. Long may that continue!
2. Permanent salaries Range Typical Bonus
Administration Administrator (FS) £25,000 - 32,000 pa £30,000 pa 0 - 20 %
Administrator (C&I) £18,000 - 27,000 pa £24,000 pa 0 - 10 %
Administrator (Legal) £18,000 - 25,000 pa £23,000 pa 0 - 15 %
Filing Clerk (Legal) £18,000 - 25,000 pa £23,000 pa 0 - 15 %
Bilingual Bilingual Secretary (FS) £38,000 - 45,000 pa £42,000 pa 0 - 30 %
Bilingual Secretary (C&I) £32,000 - 40,000 pa £38,000 pa 0 - 10 %
Bilingual Executive Assistant £40,000 - 50,000 pa £48,000 pa 0 - 20 %
Equity Research Assistant Research Assistant £40,000 - 45,000 pa £42,000 pa 0 - 20 %
Legal Secretary Trainee Legal Secretary £20,000 - 26,000 pa £25,000 pa 0 - 15 %
Junior Legal Secretary £28,000 - 33,000 pa £30,000 pa 0 - 15 %
Legal Secretary £35,000 - 45,000 pa £42,000 pa 0 - 15 %
Float Secretary £40,000 - 45,000 pa £42,000 pa 0 - 15 %
Office Junior Office Junior (FS) £20,000 - 25,000 pa £23,000 pa 0 - 10 %
Office Junior (C&I) £18,000 - 24,000 pa £22,000 pa 0 - 10 %
Office Manager Office Manager (FS) £40,000 - 65,000 pa £55,000 pa 0 - 30 %
Office Manager (C&I) £30,000 - 45,000 pa £38,000 pa 0 - 10 %
PA PA/Executive Assistant (FS) £45,000 - 60,000 pa £55,000 pa 0 - 30 %
PA/Executive Assistant (C&I) £35,000 - 45,000 pa £38,000 pa 0 - 10 %
Senior Legal PA £40,000 - 48,000 pa £45,000 pa 0 - 15 %
Legal PA £35,000 - 42,000 pa £40,000 pa 0 - 15 %
Receptionist Receptionist (FS) £23,000 - 30,000 pa £27,000 pa 0 - 10 %
Senior Receptionist (FS) £28,000 - 35,000 pa £33,000 pa 0 - 10 %
Receptionist (C&I) £18,000 - 26,000 pa £25,000 pa 0 - 10 %
3. Permanent salaries Range Typical Bonus
Senior Receptionist (C&I) £25,000 - 30,000 pa £27,000 pa 0 - 10 %
Receptionist (Legal) £18,000 - 30,000 pa £25,000 pa 0 - 15 %
Secretary Junior Secretary (FS) £25,000 - 32,000 pa £27,000 pa 0 - 10 %
Trading Floor Secretary (FS) £35,000 - 40,000 pa £38,000 pa 0 - 20 %
Inhouse Legal Team Secretary (FS) £38,000 - 45,000 pa £40,000 pa 0 - 20 %
Junior Secretary (C&I) £22,000 - 28,000 pa £25,000 pa 0 - 10 %
Team Secretary Team Secretary (C&I) £25,000 - 33,000 pa £30,000 pa 0 - 10 %
Team Secretary (FS) £35,000 - 38,000 pa £36,000 pa 0 - 20 %
Team Leader/Co-ordinator (Legal) £40,000 - 50,000 pa £47,000 pa 0 - 15 %
Secretarial Manager (Legal) £45,000 - 65,000 pa £60,000 pa 0 - 15 %
temporary rates
Administration Administration £12 - 15 p/hr £13 p/hr
Bilingual Bilingual Secretary £18 - 25 p/hr £21 p/hr
Equity Research Assistant Research Assistant £17 - 21 p/hr £19 p/hr
Office Junior Office Junior £10 - 12 p/hr £11 p/hr
Office Manager Office Manager £20 - 30 p/hr £25 p/hr
PA PA/Executive Assistant £18 - 22 p/hr £21 p/hr
Receptionist Receptionist £11 - 13 p/hr £12 p/hr
Senior Receptionist £15 - 17 p/hr £16 p/hr
Secretary Junior Secretary £13 - 15 p/hr £14 p/hr
Team Secretary £15 - 18 p/hr £16 p/hr
Inhouse Legal Team Secretary £15 - 18 p/hr £16 p/hr
Trading Floor Secretary £16 - 19 p/hr £17 p/hr