The 12 British jobs where wages have risen the most in the last year

Traders and clerks react on the floor of the London Metal Exchange in the City of London February 14, 2012. The London Metal Exchange has several serious potential bidders and will consider takeover proposals at its board meeting in late February, Chief Executive Martin Abbott said.
Traders and clerks react on the floor of the London Metal Exchange in the City of London February 14, 2012. REUTERS/Luke MacGregor

Not all salaries are created equal, and the way those salaries change can also vary wildly from job to job. Job roles that are in high demand might see wages grow sharply, while those in professions that are dwindling might see wages fall.

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But which are the jobs where salaries have risen the fastest in the past year? To find out Business Insider consulted data provided by salary benchmarking site Emolument.

Emolument examined data from jobs across the finance and tech sectors and compared the average pay in 2015 to pay in 2016, before calculating where the biggest positive change has occurred. Most jobs that feature in the top 12 are in banking, asset management, and unsurprisingly, development.

Take a look at the full list below.

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12. Finance Control & Strategy

accountant
Flickr/Phillie Casablanca

What they do: Financial control and strategy managers put financial controls into place to track performance and evaluate progress toward the financial goals of a company. Strategic management is the process of deciding how to arrive at those goals.

Job level: Manager

Salary in 2015: £76,000

Salary in 2016: £82,000

Salary increase: 8%

 

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T11. Java Developer

Computer Science Coding Student
Miguel Chateloin uses a computer to write code that would allow people living in Cuba to use email to post to blogs during the Hackathon for Cuba event on February 1, 2014 in Miami, Florida. The hackathon brought together experts and programmers to devise innovative technology solutions aimed at strengthening communications and information access in Cuba. The event is organized by Roots of Hope with support from the John S. and James L. Knight Foundation. Joe Raedle/Getty Images

What they do: Java developers help to develop software and programmes by creating code bases using the programming language Java. Some design interfaces, while others do work that’s completely behind the scenes. One of the basic duties is writing class files. Java developers work at all stages of the engineering process.

Job level: Developer

Salary in 2015: £52,000

Salary in 2016: £58,000

Salary increase: 12%

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T11. Banking Research

Computer Analyst Hacker Security Code
An analyst looks at code in the malware lab of a cyber security defense lab at the Idaho National Laboratory in Idaho Falls, Idaho September 29, 2011. REUTERS/Jim Urquhart

What they do: Researchers and analysts at banks are tasked with assessing the fundamentals of different assets — from bonds to commodities — and putting together reports which their employer will distribute to clients. For a large majority of those working at a big bank, a job as a research analyst is the first step on the ladder.

Job level: Vice president

Salary in 2015: £150,000

Salary in 2016: £168,000

Salary increase: 12%

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T9. Buy Side Fund Managers

bill ackman
William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks to the audience in New York, July 22, 2014. REUTERS/Eduardo Munoz

What they do: Fund managers take care of anything from "mom and pop" pension funds where the aim is to make a steady return, all the way to risky funds investing in high yield debt and emerging market equities. Broadly, their job is simply to make money for their clients.

Job level: Vice president

Salary in 2015: £113,000

Salary in 2016: £133,000

Salary increase: 18%

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T9. Bank Trader

Traders and clerks react on the floor of the London Metal Exchange in the City of London February 14, 2012. The London Metal Exchange has several serious potential bidders and will consider takeover proposals at its board meeting in late February, Chief Executive Martin Abbott said.
Traders and clerks react on the floor of the London Metal Exchange in the City of London February 14, 2012. REUTERS/Luke MacGregor

What they do: Buying and selling stocks, bonds, and commodities. The draw for this job has always been the money, but plenty of people also get a thrill out of the adrenaline rush that comes from making split second decisions.

Job level: Vice president

Salary in 2015: £160,000

Salary in 2016: £189,000

Salary increase: 18%

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T9. Programme and Project Management

web developer
Courtesy of CareerCast

What they do: Before the product comes into existence, you may well find yourself in the role of project manager. This job involved bringing the product — or whatever the project is — to fruition, overseeing all the stages from drawing board to reality.

Job level: Senior manager

Salary in 2015: £93,000

Salary in 2016: £110,000

Salary increase: 18%

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6. Buy Side Research

A trader waits for news while working on the floor of the New York Stock Exchange following a halt in trading in New York, July 8, 2015.  REUTERS/Lucas Jackson
A trader waits for news while working on the floor of the New York Stock Exchange following a halt in trading in New York Thomson Reuters

What they do: Broadly speaking, buy side researchers do the same job as researchers in banks: assessing the fundamentals of different assets — from bonds to commodities — and putting together reports, which their employer will distribute to clients. However, they do so on the buy, rather than the sell side of trades.

Job level: Vice president

Salary in 2015: £37,000

Salary in 2016: £45,000

Salary increase: 22%

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5. C# Developer

A coder Jonatan Poljo works in the Mojang company office in Stockholm January 18, 2013. A pool table, a pinball machine, board games and Lego dot the offices of Mojang, the small Swedish company behind the wildly popular Minecraft video game, and one of its founders is wearing a tuxedo and purple tie on a recent "formal Friday". The atmosphere reflects the independent spirit that has contributed to the raw identity of the game that has just sold 20 million copies. The founders want to keep it that way. Mojang, the Swedish word for gadget, has so far resisted selling to a bigger player or listing on the stock market even though that could mean monster payoffs for the 25-person staff and funding to expand dramatically its games. Picture taken January 18, 2013.
A coder at work at the offices of Minecraft creator Mojang in Stockholm. REUTERS/Ints Kalnins

What they do: C# (pronounced C-Sharp) developers help to develop software and programmes by creating code bases using the programming language C#, a language initially designed by Microsoft to compete with Java.

Job level: Developer

Salary in 2015: £44,000

Salary in 2016: £54,000

Salary increase: 23%

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T4. Business Development

David Brent
Dave/BBC

What they do: A business development executive's role is pretty simple — grow the business. How exactly you do this varies dramatically, depending on which industry you're in.

Job level: Senior manager

Salary in 2015: £104,000

Salary in 2016: £136,000

Salary increase: 31%

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T4. Human Resources

Toby, The Office US
HR manager Toby from The Office US. YouTube/The Office

What they do: People in HR are often either the most-hated or most loved-person in the office. Their job is to ensure records for all staff are up to date, make sure people get paid on time, and generally keep staff happy.

Job level: Manager

Salary in 2015: £61,000

Salary in 2016: £80,000

Salary increase: 31%

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T1. Corporate Banking

A man views the skyscrapers in Canary Wharf on November 26, 2009 in London, England. Former banker Sir David Walker has published his report, commissioned by the Government, into the corporate governance of banks. Amongst his conclusions is the requirement for UK's banks to publicly disclose the number of employees earning over 1 million GDP per year. (Photo by )
Big changes in the City? Oli Scarff/Getty Images

What they do: Corporate bankers handle the needs of their clients, who, as the title suggests, are generally large corporate entities. The job can encompass numerous different tasks, such as cash management, financing, underwriting, and issuing of stocks, bonds, or other instruments.

Job level: Associate

Salary in 2015: £60,000

Salary in 2016: £82,000

Salary increase: 37%

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T1. Marketing and Communications

Woman on phone
A member of the public uses their mobile phone in Central London Steve Parsons / PA Archive/Press Association Images

What they do: Marketing and communications people are tasked with getting the message of their company out to the wider public and ensuring that it is properly interpreted. This is generally done either by creating marketing campaigns or liaising with journalists and other outside actors.

Job level: Manager

Salary in 2015: £51,000

Salary in 2016: £70,000

Salary increase: 37%

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