New York techies most bullish about job prospects – but not bonuses
A survey of financial services workers in London, New York and Singapore by recruitment consultants Selby Jennings found that those working in technology are “the least likely to remain in their role regardless of the current economic issues”.
The New Yorkers are the most optimistic in the financial technology world, with 23% saying that they think their prospects for promotion are getting better, while 35% said that employment prospects are improving against 17% saying they are worsening.
In London, the balance is gloomier: 5% think things are getting worse on the job front, against 2% who say it is getting better. In Singapore, the techies – and almost everyone else – are very gloomy about the employment situation.
“New York is one of the most buoyant markets for technology, with many organisations looking to drive competitive advantage by making key hires across all levels of seniority,” said Clare Cooper, head of technology at Selby Jennings.
The New York techies are the most negative about their bonuses, though, with 24% saying that they expect less this year. Only those working in fund management were more pessimistic, with 27% saying things are getting worse. New Yorkers are also more concerned about their bonuses than their salaries.
Across all three locations, the most optimistic group are those working in risk management and analytics, while those in sales and trading are the most negative.