According to a survey by recruitment firm Morgan McKinley, 66 per cent of City workers say they were satisfied with the bonus they received but 46 per cent are planning to change jobs after the current bonus season finishes.
The number of new job numbers rose by 19 per cent in January compared with the same month last year.
Sixty-two per cent of City workers reported that they have received a higher bonus than last year and 29 per cent received a similar payout.
Only 9 per cent stated that their bonus was much lower than 2006.
The number of financial services professionals looking for a new role rose by 128 per cent in January compared with December 2006, which Morgan McKinley attributed to individuals starting to look for new roles now that bon-uses have been paid.
The average basic salary in the City increased by 5 per cent in January 2006 and 4 per cent in December 2006, rising to £50,724.
Remuneration was bolstered by a fourth straight year of strong market returns and a boom in merger and acquisition and private equity business.
Morgan McKinley chief executive Robert Thesiger says: “Although many banks have managed bonus expectations well, the research shows that employees will still move in order to take advantage of the abundance of roles and career opportunities that are curr-ently available.
“If job numbers continue to outstrip candidate supply, we are likely to see further wage inflation over the year and continued emphasis by organisations on their attraction and retention policies.”