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Insurance managers more likely to resign, says new research

Resignations amongst insurance managers have increased in the year to January 2004 as movements in earnings continue to stutter, according to research by the Chartered Management Institute and Remuneration Economics. The results, from a survey of 21,987 managers, also show majorchanges to lifestyles and employee reward schemes since the survey began thirty years ago.

The 2004 National Management Salary Survey revealed that despite a growth in the number of bonus payments, the average total bonus fell by almost £500,from £3,955 in 2003 to £3,509. Combined earnings

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