Taxing Business

Managers resign during difficult recession

Last year saw a greater number of resignations by company managers than in the same period a year before. In the 12 months leading up to January 2010 a survey by The Chartered Management Institute (CMI) discovered that 225,600 (4.7%) quit their jobs, compared to 4.5% in the 12 months prior to this.

This comes despite the economic downturn over the last year that has affected countries worldwide. A salary survey by CMI showed that managers with the job role of team leaders earned an average salary of £43,119 a year, while junior managers got £21,876.

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