Typical rates of pay in the Finance and Banking Sectors

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Well, quite honestly we've checked a few sites and the range is huge from £100 per day to £1,000 plus per day.

“According to Joslin Rowe Interim research, average daily financial services contractor rates are running at around £800 a day - over £200,000 per annum. However, some investment bank jobs are paying a premium. Guttridge added: "Financial services contractors are highly valued, but their stock rockets if they parachute in mid-project. Effectively, they’re taking a risk. If the project turns around, the financial services contractor can bolster their CV and their pay packet. Rates can rise by 25% to £1,000 a day in this type of scenario. But if the project fails, or continues to flounder, then it’s something that needs to be managed very carefully on a CV so as not to affect future employability."

The major banking, investment and financial services jobs website is efinancials, so it might be worth checking for contracts and daily rates on there.

For further advice please call our New Client Services helpdesk on Freephone  01442 275789 or email newbusiness@sjdaccountancy.com.