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Main Discussion

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Fred Flinstone
Posted - 21 April 2017 11:21
Any thoughts?
Posted - 21 April 2017 11:54
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Surely it depends upon demand for 'juniors'/graduates in the city? If there is a sudden reduction in the need for them, then market forces may allow firms to reduce junior salaries without impacting their ability to recruit able candidates. If banks continue to relocate staff, and firms continue to jettison teams, it isn't unrealistic.

Didn't something similar happen after the financial crash? Trainee and NQ salaries dropped a chunk and then were frozen for 5 or so years?