Salary Guide 2026 - Flipbook - Page 12
LONDON MARKET BROKING
Overview of the market
Throughout 2025, salaries being offered to recruit London market brokers with between
2-8 years’ relevant experience have been rising at a lesser rate than in 2024, but never
the less, they have typically still been above inflation. We are also still seeing some
increases exceeding 40% for individuals demonstrating exceptional performance, niche
expertise and great potential for future progression.
As in the past four years, whilst above inflation increases have been made in order to
retain certain individuals who have considered changing employer, for many who have
remained loyal, salaries have risen much less. Large percentage salary increases for job
seekers are due to relatively low numbers of suitably experienced London market
practitioners possessing up to 8 years’ relevant experience. This was compounded due
to significantly reduced numbers of new entrants being recruited in 2020 and 2021.
Furthermore, very low numbers of trainees currently being recruited into the London
broking market looks to have the potential to create another salary bubble in a few
years for 2-3 years’ experienced broking staff.
Christopher Dickman
(Director)
Christopher.Dickman@ipsgroup.co.uk
As in previous years, there have been some large increases for many job seekers with 10
years’ plus experience and who can demonstrate a track record or capability to
personally generate new client income.
We continue to see a high number of significantly enhanced salary counteroffers being
made in attempts to retain those who have either resigned or who have indicated that
they are considering resigning.
More experienced individuals who do not have a recent track record of generating
income are still frequently encountering a salary plateau or reductions in their salaries if
they are out of work or seeking to change employer.
www.ipsgroup.co.uk
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