KPA Salary Survey Shows Steady Base Pay For Front Office Staff

BANKS

NEW YORK--Base salaries for FX trading and sales staff in the New York market remain stubbornly flat on previous years, according to the 17th KPA Financial Services Industry Salary Survey.

Meanwhile, there has been an upturn in remuneration for risk managers and some back office staff, according to the 1999 survey.

The findings reflect industry consolidation and the advance of automated dealing systems, says Len Adams, executive vice president and chief operating officer at KPA in New York.

"Th