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The results are in… Totum’s Business Services Salary Benchmarking Survey 2016

28 Jan 2016

Are law firms doing enough to attract and retain the best business services talent? Totum share the highlights from their latest and most comprehensive salary survey yet. Now into its tenth year, their latest Business Services Salary Benchmarking Survey has been the most comprehensive yet, covering a wider breadth of firms than ever and detailing even more about the on-going development of business services functions in the legal profession. They are delighted to detail just a few of their findings.

Totum’s survey of over 100 law firms, ranging from those with a turnover of over £1 billion to smaller firms with less than £10 million turnover, reveals a positive outlook for the development of all business services functions.

The majority of firms predict salary increases of 2% or more in 2016 and bonuses are on the up too. But the findings also suggest that firms will have to think hard about the different ways in which they are meeting employee needs amid rising competition for the best talent.

Full details can be found in the Personal Development section in the PSMG Knowledge Bank

 

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