Most financial services professionals anticipate pay rises and bonuses in spite of challenging market conditions, according to a survey of 1,600 City workers in non-revenue generating roles by finance staffing specialist Robert Walters.

The survey reveals that 80% are predicting a pay rise and nine in 10 are expecting a bonus. Almost seven in 10 those predicting a bonus think it will be more than 10% of their salary.

The Robert Walters Financial Services Compensation Survey 2011 also reveals that:

·     78% expect a pay rise in 2011, compared to 74% at the same period last year

·     62% predict a pay rise expect it to be between one and 6% of their salaries (compared to 60% in 2010)

·     90% anticipate a bonus this year (compared to 88% in 2010)

·     68% of those predicting a bonus expect it to be more than ten per cent of their salaries (compared to 72% in 2010)

·     75% may move once they have received their bonus

·     55% of those thinking about moving specify career development as their main motivation