Average salaries for FSA staff have risen 22 per cent over the last five years to £51,232.
Figures from the regulator published in the Financial Times show that excluding directors FSA staff were paid an average of £51,232 for the year to March 2010, up 6 per cent from 2009.
Senior management wages have risen 14 per cent since 2005/06, from £206,391 to £236,950 in 2009/10.
The enforcement division saw the largest jumps in salary, with average salaries up 26 per cent from 2005 to £53,207.
FSA chief executive Hector Sants told the FT: “These figures reflect our tougher approach both to enforcement and supervision, which we have underpinned by bringing in more experienced people. It also reflects our success in controlling costs in the non-regulatory areas of the business.”