11.3 C
London
HomeBusinessLondon Is Officially the Best Global City for Lawyers, According to a...

London Is Officially the Best Global City for Lawyers, According to a 2023 Study

New report reveals the best cities for work-life balance versus salary by job industry

  • Amsterdam is the best city for business, tech and marketing professionals with average salaries ranging from USD$128,785 to $72,409

  • Copenhagen is the best cities for sales and finance professionals with salaries ranging from USD $100,811 to $69,456

  • Amsterdam, New York and Copenhagen are the top cities for marketing professionals with salaries ranging from $113,173 to $72,409 USD

  • London is the best city for Lawyers with average salaries of $90,158 USD

Balancing a successful career with a fulfilling personal life can be a challenge. While some cities and industries offer high pay, others may prioritise a more relaxed pace of life. But which cities offer the best of both worlds?

MoneyNerd has run a study looking into the best cities for work-life balance versus pay, analysing 25 global cities and taking into account factors such as cost of living, average salary, number of job opportunities and job satisfaction.

For the full study, please visit: https://moneynerd.co.uk/best-cities-for-pay-and-work-life-balance-report

London is the best city for Lawyers, followed by Oslo, and Berlin

With an abundance of legal career prospects, London has officially earned the title of being the best city for lawyers with over 3,000 job opportunities on LinkedIn and an average salary of $90,158.

Oslo and Berlin follow in second and third place, particularly due to its high work-life balance rating (8.5 and 8 respectively) as well as the cities high average salaries ($98,818 and $107,839 respectively). New York notably has the highest salary of all the cities analysed, with Lawyers expecting to earn $141,051 there.

Rank

City

Salary data

(Lawyer) USD

Number of jobs available on LinkedIn (Lawyer)

Cost of living index (city)

Work-life balance rating

Happiness rating

Overall score

1

London

$90,158

3,462

72.1

5.6

6.9

6.6

2

Oslo

$98,818

11

62.3

8.5

7.4

6.4

3

Berlin

$107,839

249

55

8

7.0

6.4

4

New York

$141,051

3,210

100

5.2

7.0

6.3

5

Amsterdam

$77,924

298

59.5

8.3

7.4

6.3

6

Zurich

$134,595

99

94.8

7.7

7.5

5.9

7

Luxembourg City

$77,845

195

62.5

7.4

7.4

5.9

8

Stockholm

$48,957

35

54

8.1

7.4

5.8

9

Brussels

$71,610

162

50.9

7.7

6.8

5.7

10

Madrid

$53,920

159

43.4

8.4

6.5

5.6

Amsterdam is the best city for business professionals, followed by Copenhagen and Vienna

With a thriving start-up scene, Amsterdam is officially the best city for business professionals – with an average salary of $89,796, over 1,550 jobs available on Linkedin and a high work-life balance score (8.3), it’s easy to see why.

Following suit is Copenhagen, with an even higher work-life balance score (8.6) and happiness rating (7.6) than Amsterdam, and with a higher average salary for business professionals at $79,196.

Vienna, New York and Berlin make the top 5 list with average business manager salaries in these cities ranging from $114,223 to $67,901. New York also notably has the highest number of jobs available for business managers out of anywhere analysed at 15,468 jobs available.

Rank

City

Salary data

(Business Manager) USD

Number of jobs available on LinkedIn (Business Manager)

Cost of living index

Work-life balance rating

Happiness rating

Overall score

1

Amsterdam

$89,796

1,550

60

8.3

7.4

6.6

2

Copenhagen

$79,196

761

66

8.6

7.6

6.5

3

Vienna

$114,223

518

46

6

7.2

6.4

4

New York

$100,494

15,468

100

5.2

7.0

6.1

5

Berlin

$67,901

2,238

55

8

7.0

6.0

6

Zurich

$118,219

798

95

7.7

7.5

6.0

7

Oslo

$64,857

211

62

8.5

7.4

6.0

8

Luxembourg City

$77,231

418

63

7.4

7.4

5.9

9

London

$62,750

11,861

72

5.6

6.9

5.8

10

Stockholm

$46,501

738

54

8.1

7.4

5.8

Copenhagen, Stockholm and Oslo are the best cities for sales professionals

With a high average salary of $69,456 and a high work life balance rating (8.6), Copenhagen officially ranks as the best city to live in if you work in sales.

Stockholm, Oslo and New York follow suit, with high average salaries for sales managers spanning from $84,038 to 61,511. Zurich notably has the highest salary for sales professionals ($130,812), whilst New York, London and Berlin have the highest job prospects with over 14,000, 7,000, and 2,000 jobs available respectively.

Rank

City

Salary data

(Sales Manager) USD

Number of jobs available on LinkedIn (Sales Manager)

Cost of living index

Work-life balance rating

Happiness rating

Overall score

1

Copenhagen

$69,456

497

65.5

8.6

7.6

5.7

2

Stockholm

$61,511

639

54

8.1

7.4

5.6

3

Oslo

$76,910

177

62.3

8.5

7.4

5.6

4

New York

$84,038

14,511

100

5.2

7.0

5.5

5

Luxembourg City

$79,242

106

62.5

7.4

7.4

5.2

6

Zurich

$130,812

493

94.8

7.7

7.5

5.0

7

Amsterdam

$80,854

931

59.5

8.3

7.4

4.7

8

Budapest

$20,822

240

32.9

7.6

6.1

4.6

9

London

$61,803

7,338

72.1

5.6

6.9

4.6

10

Berlin

$53,903

2,486

55

8

7.0

4.5

New York, Amsterdam and Copenhagen are the top cities for marketing professionals

New York, Amsterdam and Copenhagen are all officially the top cities for marketing professionals (all with an overall work life-balance and pay score of 6.4).

With nearly 7,000 marketing jobs available in New York alone, and the second highest salaries among all of the cities ($113,173), it’s understandable why it’s the best city to work in.

Amsterdam and Copenhagen are also among the highest in the work-life balance rating (8.3 and 8.6 respectively), making it clear that they are ideal cities for marketing professionals. Zurich also notably has the highest salary for marketing professionals out of all the cities analysed ($113,569)

Rank

City

Salary data

(Marketing Manager) USD

Number of jobs available on LinkedIn (Marketing Manager)

Cost of living index

Work-life balance rating

Happiness rating

Overall score

1

Amsterdam

$72,409

1,054

59.5

8.3

7.4

6.4

2

New York

$113,173

6,929

100

5.2

7.0

6.4

3

Copenhagen

$73,925

363

65.5

8.6

7.6

6.4

4

London

$64,899

6,843

72.1

5.6

6.9

6.3

5

Oslo

$72,573

111

62.3

8.5

7.4

6.2

6

Berlin

$53,914

1,991

55

8

7.0

6.0

7

Zurich

$113,569

355

94.8

7.7

7.5

6.0

8

Brussels

$75,480

799

50.9

7.7

6.8

6.0

9

Stockholm

$52,299

394

54

8.1

7.4

5.9

10

Luxembourg City

$74,401

91

62.5

7.4

7.4

5.9

Amsterdam is the best city for tech professionals, followed by Copenhagen and Berlin

With one of the lowest costs of living ratings (59.5), it’s easy to see why Amsterdam is a great place to live if you’re a tech professional, especially with salaries of over $120,000.

On the other hand, with a generous salary average of $94,545, you can also see why tech professionals might choose Copenhagen, not to mention the country’s happiness rating of 7.4.

Coming in third, Berlin is also the most attractive in terms of the cost of living (55) and work-life balance (8) for tech professionals.

Rank

City

Salary data

(Tech Project Manager) USD

Number of jobs available on LinkedIn (Tech Project Manager)

Cost of living index (city)

Work-life balance rating (country)

Happiness rating (country)

Overall score

1

Amsterdam

$128,785

188

59.5

8.3

7.4

6.9

2

Copenhagen

$94,545

123

65.5

8.6

7.6

6.4

3

Berlin

$95,444

348

55

8

7.0

6.2

4

London

$73,761

2,477

72.1

5.6

6.9

6.2

5

Oslo

$79,060

29

62.3

8.5

7.4

6.0

6

Zurich

$134,212

141

94.8

7.7

7.5

5.9

7

Stockholm

$52,343

113

54

8.1

7.4

5.7

8

Madrid

$70,824

174

43.4

8.4

6.5

5.7

9

Vienna

$84,625

90

45.7

6

7.2

5.6

10

Luxembourg City

$74,716

70

62.5

7.4

7.4

5.6

Copenhagen is the best city for accountants followed by Amsterdam and Zurich

Copenhagen is officially the best place to work in for accountants, with an average salary of $100,811 and a high work-life balance rating of (8.6). Amsterdam and Zurich follow in second and third place, with high average salaries ranking from $134,586 to $71,778.

New York ranks 8th on the list for accountants, and offers the most job opportunities with over 4,500 jobs available in the city.

Rank

City

Average salary

(Senior Accountant) USD

Number of jobs available on LinkedIn (Senior Accountant)

Cost of living index

Work-life balance rating

Happiness rating

Overall score

1

Copenhagen

$100,811

55

65.5

8.6

7.6

6.6

2

Amsterdam

$71,778

324

59.5

8.3

7.4

6.1

3

Zurich

$134,586

142

94.8

7.7

7.5

6.0

4

Berlin

$69,150

297

55

8

7.0

5.8

5

Oslo

$60,201

10

62.3

8.5

7.4

5.7

6

Stockholm

$52,302

92

54

8.1

7.4

5.7

7

Luxembourg City

$70,256

275

62.5

7.4

7.4

5.7

8

New York

$89,059

4,539

100

5.2

7.0

5.7

9

Vienna

$81,892

63

45.7

6

7.2

5.6

10

Madrid

$55,852

103

43.4

8.4

6.5

5.4

latest articles

explore more

LEAVE A REPLY

Please enter your comment!
Please enter your name here