A recent surge in job postings for financial professionals may be a signal that salaries for those positions will rise in 2006, according to Web-based employment portal CareerBank.com.
In its annual salary survey, CareerBank.com said that there has been a 20 percent spike in the number of hiring organizations posting help-wanted ads in January 2006, versus the year-ago period.
"It appears that we have turned a corner with the New Year. There is more robust demand for new staff," said president and chief executive Wes Crews, in a statement. "That suggests that we can expect an income uptick for new hires in 2006."
Other finding in its survey include:
- Women earned 21 percent less than men for similar positions, though that gap declined 4 percent in 2005.
- The use of online career sites to find employment rose 5 percent from last year, while the use of newspapers dropped 4 percent.
- Income levels among entry-level workers rose an average of 12 percent from 2005-2006, while they decreased an average of 10 percent among executives at the executive and partner levels.
The CareerBank.com salary survey is based on responses from more than 6,500 users of its online service. The full report can be viewed at www.careerbank.com/ssurvey2005/ssurvey2005results.cfm .
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