City expects a cut in bonuses

ALMOST half of city workers are expecting bonuses to fall over the next three years, citing uncertain market conditions, according to a survey by careers website eFinancialCareers.com.

Just 15 per cent of 533 professionals interviewed by the jobs website predicted bonuses will get bigger over the next three years, while 29 per cent expect them to stay the same. However 89 per cent of City workers are still confident that they will receive a bonus this year.