With NQ salaries at US and MC firms rising, will trainees see a salary increase any time soon?
Market leaders in terms of trainee salaries are £55k and £60k. Whilst the norm for US salaries is £50k and then £55k.
Now that US firms have increased NQ salaries up to £145k-£150k, it would make sense for trainee salaries to increase. Many trainee salaries have not risen since around 2018.
GDL/LPC grants have also stagnated around the £10k mark, whilst the cost of living has risen.
Market leaders in terms of trainee salaries are £55k and £60k. Whilst the norm for US salaries is £50k and then £55k.
Now that US firms have increased NQ salaries up to £145k-£150k, it would make sense for trainee salaries to increase. Many trainee salaries have not risen since around 2018.
GDL/LPC grants have also stagnated around the £10k mark, whilst the cost of living has risen.