Estate Agents Taking Home £1 Million Bonuses
Senior staff at the upmarket Savills agency are enjoying city-style bonuses after the company announced record profits.
A bonus pool of £125 million is being shared among 4,000 employees. Most of it is expected to go to those already earning high salaries.
The company warned that as the allocation of bonuses is discretionary, some employees would receive nothing.
The higher than expected increase in profits of 31% ,have been fueled by the bumper round of City bonuses, which have helped boost the average house price in central London by 10% to £1.45 million.
Popularity: 1% [?]
Posted: March 15th, 2007 under uk.
Write a comment
You need to login to post comments!