IT in financial services offers greater prospects for IT professionals, with most receiving bonuses in line with expectations this year.
The general employment openings in London have increased 13% year-on-year, despite a 20% and 14% decline in month-on-month figures in both professional opportunities and professionals respectively.
According to Morgan McKinley’s London Employment Monitor, salaries in the capital increased by 18% last month on average for those securing news jobs, compared to 19% in April 2015.
Morgan McKinley Financial Services operations director Hakan Enver said: "The dip in the monthly numbers was a bit of a surprise.
"It appears as if everyone went to the pub to celebrate that the elections were finally over and by the time they’d recovered it was half-term and time to take the kids to Disneyland Paris."
The yearly figures still suggest an increasing upward trend in the employment market with a drop in monthly figures for both opportunities and professionals.
Banks are mulling over whether to remain in the UK as the country prepares to make a decision on Europe.
The increasing scrutiny is forcing banks to move out of the UK in case of an unfavourable regulatory environment.
Deutsche Bank has revealed that it is considering a UK exit plan, in additon to reports HSBC are looking to exit Canary Wharf.
Enver said: "There’s an element of political lobbying here.
"It’s not as easy to move your operations as some industry officials make it sound. There are significant costs and risks involved, finding new talent being just one of them."
The overall economy continues to show indications of improvement as unemployment is down and wages are increasing.
