Scotland’s key financial services companies are optimistic about business prospects and job retention in 2007, according to study Joslin Rowe Scotland.

The survey found that the median rise in staff is expected to be up by 5% in 2007, predominately across investment and accountancy recruitment. Only 3% of firms expect to reduce their headcounts.

Financial services workers can expect a 5% salary increase in 2007, compared with 5% in the previous year.

It found that 60% of organisations expect to run a graduate recruitment scheme in Scotland, the highest numbers ever seen.

The survey found that 90% of firms had recruited non-UK workers to fill vacancies in the past year.