Staff at the Financial Conduct Authority remain concerned about their pay packets, the markets watchdog’s latest employee survey suggests, despite improvements in the wake of a landmark overhaul to remuneration.

Results of the regulator’s 2024 polling show that only 43% gave their rewards a favourable score — the lowest scoring category despite a five percentage point improvement on last year. Talent management was the joint second lowest-scoring category at 46% after a three percentage point gain.