SHINY HAPPY PEOPLE. Salary survey ANALYSIS

Size: px
Start display at page:

Download "SHINY HAPPY PEOPLE. Salary survey ANALYSIS"

Transcription

1 SHINY HAPPY PEOPLE 9 This year s RICS and Macdonald & Company salary and benefits survey finds respondents fizzing with optimism. Felicity Francis reports Economic Activity Change In your chosen professional activity, what do you anticipate economic activity in the next 12 months to do? 8% Business sentiment 7% or confidence has 6% by 42%, with 7% improved significantly anticipating an 5% improvement in 4% economic activity 3% 28% last year. during, versus Negative business 2% sentiment has dropped by nine percentage 1% points, from 13% Increase Decrease Remain unchanged to 4%. Positive mental attitude As Peter Moore, managing director of Macdonald & Company, says: It s the first time in eight years that it s a really strong story for UK agents. Although confidence was indeed up last year, this figure was nothing compared with the astronomical boost that is evident in this year s survey. A giant 7% of the 8,29 respondents anticipate an improvement in economic activity during compared with 28% in. Of the remainder, 26% think it won t change (compared with 59% last year), while only 4% said it would decrease, compared with 13% in and 29% in. In, 43% believe their pay and benefits will be positively affected by market conditions, versus 19% last year. On top of that, more than half of respondents (55%) predict that their organisation will increase head count in. This positive attitude demonstrates that the effects of the recovery are really starting to settle in throughout the country. Salaries have increased, the number of bonuses is on the increase (graphs, opposite and overleaf) and 67% assess their job security as either strong or very strong, a rise on last year s 62%. These results are particularly impressive given that the recovery only really started to take shape part way through the year, as Moore says: Last year was a game of two halves. January to June was sluggish, while things really took off after August. As such, I would anticipate much higher rises in the coming year. The UK is heading the charge out of the recession, and there is more confidence and more going on than in any of the other regions we work in across the globe.

2 Hiring Intentions Do you expect your organisation to increase headcount in? Pay and benefits How do you anticipate that your pay and benefits will be affected by market conditions in the next 12 months? Yes, significantly 9% More than half of respondents (55%) believe their organisation will Likely to leave profession 1% 1 point Don t know 4% 1 point Negatively 7% 8 points Respondents who believe their pay and benefits will be positively affected by increase head count market conditions in the Yes, modestly 46% in, with 46% of respondents expecting their next 12 months are up to 43% from 19% last year a 24 percentage point No 37% organisation to modestly increase head count and 9% expecting a significant increase in head count in. No change 45% 14 points Positively 43% 24 percentage points growth on the previous year. Just less than half (45%) do not anticipate any change (down 14 percentage points), while only 1% are likely to leave the I am not sure 8% profession (down one percentage point). Salaries: seven-year high The improvement in overall confidence boils down to increases in average salaries across the board. In average salaries are at the highest level in seven years, rising by 4.7% in the last year to 51,179. The average total reward of a UK property professional has increased from 77,7 to 78,974, as 54% received a base salary increase (43% in ) of on average 6.6% (up from 6.4%). One set of statistics of which to take note is the real industry change of salaries (graph, overleaf). When the average salary increase is offset against the average salary decrease and the number of people experiencing either, this rose significantly. Overall the industry experienced an increase of 5.1%, compared with 3.8% last year and 2.9% in. The overall increase stands out further when broken down by main profession, as certain sectors have risen much further than others. Overall, office agents reported a salary increase of 9.4%, a measure that stood at a much smaller 3.6% last year. Commercial development professionals also saw a real industry change of 7.8%, compared with 2.6% in, while the positive increase for retail agents was 1.7%, up from 5% in. Fund managers reported a positive change of 1.2%, which is an increase on last year s change of 9.5%. Whereas the increase in industrial agents salaries although still large at 1.4% has actually decreased from 11.2% in. 6, 5, 4, 3, 2, 1, 28 Average UK Real Estate Salary What is your current annual base salary? The real industry change in salaries relating to the main activity of the organisation is also indicative of the changes that are occurring in the industry. Developers reported the largest change of any group (7%) compared with an average decrease of 4.9% in. Moore believes this statistic is a good measure of where the industry is heading in the next few years: In the past 12 months, more development schemes have started or restarted than any other time in the last six years. This is being driven by investors in the market, such as overseas investors that are giving UK institutions a run for their money.» 211 The average salary is now at its highest level for the last 7 years. The average salary of a UK property professional has increased from 48,91 in to 51,179 (or up by 4.7%) in. This increase in average salary might equate to the % of respondents with higher responsibilities and years experience (53% of respondents have 16 or more years experience, versus 48% last year). How do you expect to compare with in terms of activity and confidence? We are certainly witnessing increased confidence across many of our UK markets. Our UK Outlook research shows that investor appetite for commercial property assets is increasing and volumes have risen markedly. Occupier activity is also rising in virtually all sectors save secondary retail. Colin Wilson, head of UK & Ireland at DTZ

3 How do you expect the regions to perform in? In London, there are lots of overseas long-term investors that don t generally trade properties, so the question is where the next wave of stock is going to come from. So I think that as confidence grows on an investor level, we will see more activity in portfolios across the regions. Ezra Nahome, chief executive, Lambert Smith Hampton 1% 5% -5% -1% -15% -2% -25% 6.6% Average increase Real Industry Change in Salary What change (if any) was made to your annual salary at your last pay review? No change -22.4% Average decrease 5.1% Real industry change Overall 43% of respondents received no change in base salary. Of the 54% that received an increase in base salary last year, the average increase was 6.6%. While 3% of respondents received a pay reduction, the average reduction was 22.4%. Considering the survey sample as a whole, the industry overall experienced an increase of 5.1%, up from 3.8% last year. Bonuses: more with less The number of UK property professionals who have received a bonus grew from 39% to 4%. Although a marginal increase, this is the highest percentage of respondents to secure a bonus since 29. However, the average value of a bonus has declined slightly, from 13,83 last year to 13,74. The highest bonuses continue to be paid to fund managers, who average 48,426, followed by property finance executives and those in financial institutions or funds. In terms of job role, managing directors and CEOs saw by far the greatest decline in bonus size. Although they still received the largest bonus on average, this declined from 61,436 to 44,181. The average bonus for office agents decreased from 13,38 in to 1,879. Two professions who saw in increase in bonuses, however, are retail agents from 7,31 to 1,583 and commercial developers from 25,1 to 32,518. Bonuses aside, the employment benefits enjoyed most by employees followed a similar trend to previous years. Having a mobile phone is still the most common benefit, while a contributory pension grew in popularity, as did health insurance. A company car and flexitime both declined in popularity. Gender gap: still too wide One slight victory demonstrated by the survey is that the gender pay gap narrowed ever so slightly between and. The average salary of a male UK property professional increased by 2.8%, while the average salary of their female counterparts increased by 5.4%. The premium for being a man has decreased from 3.3% last year to 25.5% this year. It is worth 15, 12, 32% Average UK Property Bonus Did you receive a bonus over the last 12 months and, if so, what was its value? 39% 4% Bonus by Level of Responsibility What was the approximate value of your annual bonus (or bonuses) over the last 12 months? 8, Managing directors/ceos secure the largest bonuses of, on 7, average, 44,181 a year, but saw a decline on last year. Those starting off in the profession (assistants/trainees) on average 6, secure 1,621, which decreased from 2,18 last year. 9, 5, 6, 3, 13,461 13,83 13,74 4, 3, 2, The number of property professionals who secured an annual 1, bonus increased from 39% last year to 4% this year. However, of those respondents who secured an annual bonus, the average was 13,74 compared with 13,83 last year. The highest bonuses continue to be paid within the fund management ( 48,426), property finance ( 38,255) and financial institution/fund ( 33,189) sectors. Assistant/ trainee/ graduate Staff/ surveyor/ other Senior Associate/ manager Partner/ director/ vice-president salaried Principal/ director/ partner equity Managing director/ceo

4 noting, though, that the number of women participating in the survey fell from 22% of respondents to 18%. However, there remains a stark gulf between the average salary figures: 52,927 for men compared with 41,655 for women. While the decrease in the gap is certainly excellent news, a lot more needs to be done for salaries to reach parity. When it comes to age, salaries rose across all groups. The under-3s secured the highest average salary increase. There is a much smaller gap between the pay of men and women in the lower age groups, a difference of 896 a year in the age bracket compared with 11,816 for those aged above 56. Salary respondents based in Greater London continued to clock the highest average salary of 6,89, which is 7,865 greater than the next most well paid region, the south-east, and 21,27 above the region with the lowest average salary, Ireland. However, although it is the region with the lowest average salary, Ireland recorded the greatest year-onyear growth of 9.9%, while, in comparison, London increased by 6.6%. Moore highlights that London might have taken off before everywhere else, but there are signs that the regions are following. Nathan Wakelin, director and head of the Manchester office for Macdonald & Company, reports a real surge in activity: The West Midlands and north-west are really leading the charge in the regions, and we ve seen a real resurgence in all sectors. We can t create roles quick enough for surveyors and project managers, and on the practice side we re seeing more variety in types of work with some really interesting asset management and strategic development roles coming up.» Professional subscriptions/fees Performance-related bonus Other insurances (critical illness/life) Company car Lunches/luncheon vouchers Employment Benefits Which of the following additional benefits are included in your current package? Mobile phone Contributory pension Health insurance Company car allowance Flexitime Share option scheme Flexible benefits package Profit share Club membership Paid overtime None Other % 1% 2% 3% 4% 5% 6% 7% 8% Average Salary by Gender & Age The provision of a company mobile phone (65%, as per previous year) is the most common employee benefit received by a property professional. Contributory pension (6%, up by four percentage points), professional subscription/ fees (6%, up by five percentage points) and health insurance (44%, up by one percentage point) are also popular employee benefits across the sector. Average Salary by Gender and Age What is your current annual base salary? Average all 7, 6, 5, 4, 3, 2, 1, What is your current annual base salary? Male Female Male UK property professionals earn more than their female counterparts at present on average 52,927 versus 41,655, or a 25.5% premium, down from a 3.3% premium last year. For those respondents aged 56 plus, there is a 11,816 annual average salary difference between males and females in comparison to the other end of the scale (23-26), where there is a 896 annual average salary difference. 56+ Greater London South-east South-west and Wales East Anglia Midlands North Scotland Ireland Other Respondents working in Greater London continue to earn on average the highest salary ( 6,89) across all the regions and command a premium of 7,865 versus the south-east in second place, or 21,27 in comparison to Ireland at the bottom of the league table. All regions have recorded year-on-year growth, and Ireland (+9.9%), Greater London (+6.6%) and East Anglia (+6.3%) have reported the largest growths in average annual salaries. 1, 2, 3, 4, 5, 6, 7, 8,

5 moving JOB REASONS FOR LEAvINg EmPLOYER Not at all 21% no change How likely are you to change employer in the next 12 months? Very 15% 1 point Fairly 22% Not very 1 point 43% 1 percentage point 37% of respondents state that they are either very or fairly likely to move job in the next 12 months, which remains the same as last year. Staff: musical chairs predicted Employers be warned: job satisfaction might have risen, but the number of property professionals who may look to change jobs this year has also increased 37% of respondents are either very or fairly likely to move job in the next 12 months, which is a steady rise from 3% since 27. Most respondents do still seem likely to stay put, however. Perhaps indicative of the renewed general confidence in the market, job security has continued to fall as a reason for moving jobs, from 49% in to 46% in. One new question to the survey was: what key skills do people at a senior level often lack? Nearly three-quarters of respondents selected communications skills, while 67% highlighted having the right attitude and personality. Excellent communication was also highlighted as the most important quality for a leader to be successful. Factors that affect whether a professional is working for his or her employer of choice remain largely unchanged from previous years, and include business vision and future potential (57%) and reward and recognition (57%). Moore believes that we will see more professionals change company as development and deals take off even further throughout the year. In the past six months as development has taken off, we ve seen people move company for a rise of 3%-4%, he says. He also believes that the upturn will create recruitment challenges: There are going to be acute staff shortages in the market, with development being a particular hot spot. There will be a shortage of other frontline staff such as planners and surveyors, as lots of people moved on during the downturn. Employers have got to think about developing creative strategies to retain and hire staff. 9 If you were to leave your present employer, what would your main reasons be? Salary Career progression Range of interesting work Better benefits package Management style Location Job security Responsibility Working environment Redundancy Training/personal development Range of clients Change of career Retirement To start your own business Work in a different country Travel opportunities Latest technology EmPLOYER OF choice 1% 2% 3% 4% 5% 6% 7% 8% Better salary has seen a slight decrease in responses, down from 75% to 74% as the most likely reason to leave an existing employer. career progression, range of interesting work and better benefits package also continue to be important reasons to leave an existing employer. Interestingly, job security continues to fall as a reason to move job, from 49% in to 46% in. How important are the following factors in making your employer an employer of choice? Business vision and future potential Reward and recognition Company values/ethics Leadership/management style Work/life balance Brand values Colleagues/social dimension Promotional opportunities Personal development culture Internal communication Support in gaining your qualifications Corporate social responsibility policy Relocation possibilities 1% 2% 3% 4% 5% 6% Of the 73% of respondents who consider that they are working for an employer of choice, the key factors are business vision and future potential, reward and recognition, company values/ethics, and leadership and management style. METHODOLOGY The 15th annual RICS and Macdonald & Company rewards and attitudes survey was completed by 8,29 UK property professionals between December and January. The results have been collated and analysed by BluSky Marketing. They are available from the RICS and Macdonald & Company For fully interactive results of the Salary Survey, go to

The RICS and Macdonald & Company UK Rewards & Attitudes Survey 2015. Executive Summary and Key Findings

The RICS and Macdonald & Company UK Rewards & Attitudes Survey 2015. Executive Summary and Key Findings The RICS and Macdonald & Company UK Rewards & Attitudes Survey 2015 Executive Summary and Key Findings 2015 EXECUTIVE SUMMARY 2 www.macdonaldandcompany.com/salary-survey Foreword 2015 has been a strong

More information

Salary and Market Trends Survey 2015 APM research report

Salary and Market Trends Survey 2015 APM research report Salary and Market Trends Survey 2015 APM research report Contents Introduction 3 Summary 5 Section 1 Salary UK regional salary variations 6 How do qualifications and membership level affect salary? 7 How

More information

THE EMPLOYMENT AND INCOME SURVEY 2014 RESULTS

THE EMPLOYMENT AND INCOME SURVEY 2014 RESULTS THE EMPLOYMENT AND INCOME SURVEY RESULTS 1 Dear Members, Firstly I would like to thank all members who have taken the trouble and time to be candid and provide the information that has made this survey

More information

AAT and Robert Half 2013 SALARY AND CAREER SURVEY

AAT and Robert Half 2013 SALARY AND CAREER SURVEY AAT and Robert Half 2013 SALARY AND CAREER SURVEY Contents 3 Welcome from AAT and expert opinion from Robert Half 4 Average basic salary for each level of AAT membership 5 Salary for each level of AAT

More information

Public and Private Sector Earnings - March 2014

Public and Private Sector Earnings - March 2014 Public and Private Sector Earnings - March 2014 Coverage: UK Date: 10 March 2014 Geographical Area: Region Theme: Labour Market Theme: Government Key Points Average pay levels vary between the public and

More information

Impact of the recession

Impact of the recession Regional Trends 43 21/11 Impact of the recession By Cecilia Campos, Alistair Dent, Robert Fry and Alice Reid, Office for National Statistics Abstract This report looks at the impact that the most recent

More information

The CII insurance salary and workplace survey 2014/15

The CII insurance salary and workplace survey 2014/15 The CII insurance salary and workplace survey 2014/15 Sponsored by IPS Group Conducted by DJS Research Ltd Salaries, bonuses, benefits and general work and life styles of insurance professionals in the

More information

Employee Benefits Report 2014

Employee Benefits Report 2014 Employee Benefits Report 2014 Foreword Attraction, Retention, Motivation: from listening to our clients these are the three most common words used when discussing employees. And given that the war for

More information

www.theitjobboard.co.uk T: 020 7307 6300 The IT Job Board Salary Survey 2009

www.theitjobboard.co.uk T: 020 7307 6300 The IT Job Board Salary Survey 2009 www.theitjobboard.co.uk T: 020 7307 6300 The IT Job Board Salary Survey 2009 Salary Survey 2009 The IT Job Board s 2009 salary survey has been created to assist IT professionals and hiring managers to

More information

The self-employed and pensions

The self-employed and pensions BRIEFING The self-employed and pensions Conor D Arcy May 2015 resolutionfoundation.org info@resolutionfoundation.org +44 (0)203 372 2960 The self-employed and pensions 2 The UK s self-employed populace

More information

Report of the 2013 salary survey of the IP profession

Report of the 2013 salary survey of the IP profession Report of the 13 salary survey of the IP profession Hosted by Fellows and Associates Table of Contents 1. Introduction 2 2. The sample 2 2.1. Sample size 2 2.2. Descriptive statistics 3 2.2.1. Location

More information

Trends & Issues Money matters: Compensation in the nonprofit sector

Trends & Issues Money matters: Compensation in the nonprofit sector Trends & Issues Money matters: Compensation in the nonprofit sector In April 2010, HR Council website users completed a survey asking what hot-button HR issues they would like us to research. The results

More information

Report 015 Retention. Life Working Series 2015

Report 015 Retention. Life Working Series 2015 Report 015 Retention Life Working Series 2015 1 1. Introduction Understanding the length of time employees remain with a company and the drivers of retention. The latest report in our Life Working series

More information

IT Monitor / Q2 2015. IT Monitor Q2-2015. Latest salary and vacancy trends across the IT industry in the UK. computer people. computerpeople.co.

IT Monitor / Q2 2015. IT Monitor Q2-2015. Latest salary and vacancy trends across the IT industry in the UK. computer people. computerpeople.co. IT Monitor Q2-2015 Latest salary and vacancy trends across the IT industry in the UK.co.uk Pay rates boosted while businesses play it safe Q2 was borne of the uncertainty that a General Election brings,

More information

19,000. years. Retirement. Uncovered 4,700. Average income GAP. Lifting the lid on retirement income in the UK today. Expected.

19,000. years. Retirement. Uncovered 4,700. Average income GAP. Lifting the lid on retirement income in the UK today. Expected. Average income 19,000 Expected retirement 21 years Reality 4,700 GAP Expected Retirement Income Uncovered Lifting the lid on retirement income in the UK today contents Foreword carlton hood 3 Executive

More information

NEW ZEALAND 2014/15. salary & employment FORECAST. & construction

NEW ZEALAND 2014/15. salary & employment FORECAST. & construction NEW ZEALAND 2014/15 salary & employment FORECAST property & construction ANCEMARKETINGOFFICESUPPORTPROCUREMENT&SUPPLYCHAINPROPERTY&CONSTRUCTION SFINANCEMARKETINGOFFICESUPPORTPROCUREMENT&SUPPLYCHAINPROPERTY&CONSTRUC

More information

The State Of The UK IT Recruitment Market

The State Of The UK IT Recruitment Market The State Of The UK IT Recruitment Market www.itjobboard.co.uk T: 020 7307 6300 Report Background The purpose of the report is to summarise the current state of the IT recruitment market in The UK. This

More information

2014 Salary Guide & Survey. Sponsored By

2014 Salary Guide & Survey. Sponsored By 2014 Salary Guide & Survey Sponsored By Introduction Welcome to the 2014 Creativepool Salary Guide In partnership with our sponsors; Moo (our favorite printers) Little Black Book Agency and Cogs Agency

More information

Scotland s Class of 99: the early career paths of graduates who studied in Scottish higher education institutions. Summary report

Scotland s Class of 99: the early career paths of graduates who studied in Scottish higher education institutions. Summary report Scotland s Class of 99: the early career paths of graduates who studied in Scottish higher education institutions Summary report Scotland s Class of 99: the early career paths of graduates who studied

More information

Salaries in the property

Salaries in the property In Depth Salary survey SAlarysur 01ProfileStandfirst. Include author s byline and name of illustrator or photographer. 01ProfileStandfirst. Include author s byline and name of illustrator or photographer

More information

Salary Survey 2015 BUSINESS WITH CONFIDENCE

Salary Survey 2015 BUSINESS WITH CONFIDENCE Survey BUSINESS WITH CONFIDENCE icaew.com ICAEW Survey Foreword Contents This year s report shows no major changes in salaries since. This was expected to some extent. Boom periods are great, but they

More information

2013 Salary + Benefits Benchmarker. douglas scott. legal recruitment. So, where does the happiest person in legal work?

2013 Salary + Benefits Benchmarker. douglas scott. legal recruitment. So, where does the happiest person in legal work? 2013 Salary + Benefits Benchmarker So, where does the happiest person in legal work? Introduction The happiest person in legal is a 4 years PQE Solicitor working for a big city based Top 50 UK commercial

More information

CIMA SALARY SURVEY 2013. United Kingdom

CIMA SALARY SURVEY 2013. United Kingdom CIMA SALARY SURVEY 2013 United Kingdom 1 Foreword CIMA s members and students are looking forward to rapid career progression and salary rises well above the national average - despite the continuing economic

More information

ARLA Members Survey of the Private Rented Sector

ARLA Members Survey of the Private Rented Sector Prepared for The Association of Residential Letting Agents ARLA Members Survey of the Private Rented Sector Fourth Quarter 2013 Prepared by: O M Carey Jones 5 Henshaw Lane Yeadon Leeds LS19 7RW December,

More information

Age, Demographics and Employment

Age, Demographics and Employment Key Facts Age, Demographics and Employment This document summarises key facts about demographic change, age, employment, training, retirement, pensions and savings. 1 Demographic change The population

More information

Salary Survey 2014. legal talent

Salary Survey 2014. legal talent Salary Survey 2014 legal talent legal talent Welcome to the 2014 edition of enl Legal s annual salary survey. This has been compiled using results gathered from a comprehensive national survey of law firms

More information

Executive Summary. Process or Communicate? Agency or Direct? Efficiency or Effectiveness?

Executive Summary. Process or Communicate? Agency or Direct? Efficiency or Effectiveness? 01-01 02-02 03-03 04-04 05-07 08-10 11-15 16-17 18-18 Introduction Background Methodology Executive Summary Demographics Process or Communicate? Agency or Direct? Efficiency or Effectiveness? Summary CANDIDATE

More information

Skills & Demand in Industry

Skills & Demand in Industry Engineering and Technology Skills & Demand in Industry Annual Survey www.theiet.org The Institution of Engineering and Technology As engineering and technology become increasingly interdisciplinary, global

More information

GLOBAL TREND REPORT TAX H1 JAN-JUN

GLOBAL TREND REPORT TAX H1 JAN-JUN GLOBAL TREND REPORT TAX 014 H1 JAN-JUN STRONG MOMENTUM IN UK & IRELAND In line with our commitment to keep professionals working in the Tax discipline up to date with employment and recruitment trends,

More information

white paper true value: getting salary and benefits right managing your employee expectations

white paper true value: getting salary and benefits right managing your employee expectations white paper true value: getting salary and benefits right managing your employee expectations Commentary Companies entered 2010 in a cautious mood. After a challenging 18 months, most commentators predicted

More information

North East Salary Survey 2015. What are you worth?

North East Salary Survey 2015. What are you worth? North East Salary Survey 215 What are you worth? Introduction Welcome to the 215 edition of the Nigel Wright Recruitment North East Salary Survey. As a company that is at the core of recruitment in the

More information

CONTRACTOR ATTITUDE SURVEY

CONTRACTOR ATTITUDE SURVEY CONTRACTOR ATTITUDE SURVEY www.sjdaccountancy.com JANUARY TO JUNE 2015 Contractor Attitude Survey Our latest Contractor Attitude Survey covers the views and opinions of contractors between January and

More information

Contractor. Attitude Survey July to December 2012 1.0 0.8 0.6 0.4 0.2 0.0. www.sjdaccountancy.com

Contractor. Attitude Survey July to December 2012 1.0 0.8 0.6 0.4 0.2 0.0. www.sjdaccountancy.com Contractor Attitude Survey July to December 212 1..8.6.4.2. www.sjdaccountancy.com Contractor Attitude Survey July to December 212 In July 212 we carried out our first ever research programme to SJD Accountancy

More information

CIMA salary survey 2012

CIMA salary survey 2012 CIMA salary survey 2012 United Kingdom 1 Foreword Despite the ongoing economic turbulence in the British economy, CIMA s members and students are in demand. Our 2012 salary survey shows that chartered

More information

CIMA SALARY SURVEY 2013. Republic of Ireland

CIMA SALARY SURVEY 2013. Republic of Ireland CIMA SALARY SURVEY 2013 Republic of Ireland 1 Foreword CIMA s members and students are looking forward to rapid career progression and salary rises well above the national average - despite the continuing

More information

Contents Foreword 1 Introduction by Patrick Reeve Executive summary 1. Business confidence and growth ambitions 2. Availability of finance

Contents Foreword 1 Introduction by Patrick Reeve Executive summary 1. Business confidence and growth ambitions 2. Availability of finance 2014 Contents Foreword 1 Introduction by Patrick Reeve 3 Executive summary 4 1. Business confidence and growth ambitions 4 2. Availability of finance 6 3. Management skills 8 4. Apprenticeships 9 5. Optimists

More information

UK Consumer Sector Salary Survey 2015. What are you worth?

UK Consumer Sector Salary Survey 2015. What are you worth? UK Consumer Sector Salary Survey 2015 What are you worth? Introduction Welcome to Nigel Wright Group s UK Consumer Sector Salary Survey 2015, which is specifically designed to provide you with an insight

More information

Randstad MENA Salary Survey 2016

Randstad MENA Salary Survey 2016 The Randstad MENA Salary Survey 2016 Based on salaries throughout the Middle East and North Africa With the oil prices at their lowest point since 2009, the Middle East is having to find strategic ways

More information

Salary Guide and Procurement Insights Report 2015

Salary Guide and Procurement Insights Report 2015 Salary Guide and Procurement Insights Report 2015 Key Trends and Findings Leading global excellence in procurement and supply The changing environment... We are facing unprecedented change in the world.

More information

2015 UK Salary Survey

2015 UK Salary Survey Connecting Winners The leading recruiter of bid and proposal professionals 2015 UK Salary Survey 2 3 4 5 6 8 9 11 12 13 14 16 17 18 19 Introduction Key Findings Analysis by Gender Analysis by Age Analysis

More information

HARNHAM DATA & ANALYTICS SALARY GUIDE 2013 The definitive source of salary information for the UK Data & Analytics market

HARNHAM DATA & ANALYTICS SALARY GUIDE 2013 The definitive source of salary information for the UK Data & Analytics market HARNHAM DATA & ANALYTICS SALARY GUIDE 2013 The definitive source of salary information for the UK Data & Analytics market HARNHAM SALARY GUIDE 2013 - PAGE 2 SEEKING ROLES THIS YEAR SALARY GUIDE INTRODUCTION

More information

Limits to tax relief and tax-free benefits

Limits to tax relief and tax-free benefits TAX LIMITS FINAL SALARY AND CAREER REVALUED BENEFITS SECTIONS Limits to tax relief and tax-free benefits Introduction Pension benefits earned by individuals in the UK which qualify to receive tax relief

More information

GENDER EQUITY ASSESSMENT: Faculty Compensation and Headcounts

GENDER EQUITY ASSESSMENT: Faculty Compensation and Headcounts GENDER EQUITY ASSESSMENT: Faculty Compensation and Headcounts May 2013 CONTENTS GENDER EQUITY IN THE COLLEGE OF LIBERAL ARTS... 3 EXECUTIVE SUMMARY... 3 ACADEMIC RATES AND SALARIES, 2002 2011... 4 Figure

More information

An insight into the salaries of management system auditors around the world

An insight into the salaries of management system auditors around the world An insight into the salaries of management system auditors around the world The International Register of Certificated Auditors (IRCA) is the leading professional body for management system auditors.

More information

CIMA SALARY SURVEY 2013. South Africa

CIMA SALARY SURVEY 2013. South Africa CIMA SALARY SURVEY 2013 South Africa 1 Foreword Our annual salary survey for 2013 shows the positive impact of professional qualifications on members earning potential, salary satisfaction and the ability

More information

US law firms in London Associate salary guide 2011/2012

US law firms in London Associate salary guide 2011/2012 US law firms in London Associate salary guide 2011/2012 US law firms in London: Associate salary guide 2011 About the survey Market overview The results of this survey relate to UK qualified associates

More information

MoneySupermarket Monitor. Home Insurance. Market data 1st September 2011-31st August 2012. Issue 6

MoneySupermarket Monitor. Home Insurance. Market data 1st September 2011-31st August 2012. Issue 6 MoneySupermarket Monitor Home Insurance Market data 1st September - 31st August Issue 6 October Contents Executive Summary page 3 Report findings Overall home insurance prices decrease 3-10 4 The cost

More information

TPP Not for Profit Fundraising Salary Survey 2014

TPP Not for Profit Fundraising Salary Survey 2014 TPP Not for Profit Fundraising Salary Survey 2014 Welcome to the 2014 TPP Not for Profit Fundraising Salary Survey. This report aims to benchmark fundraising salaries across the sector, allowing employees

More information

European Consumer Salary Survey 2013. What are you worth?

European Consumer Salary Survey 2013. What are you worth? European Consumer Salary Survey 2013 What are you worth? Introduction Welcome to Nigel Wright Recruitment s European Consumer sector Salary Survey 2013, which is specifically designed to provide you with

More information

Commission on the Future of Health and Social Care in England. The UK private health market

Commission on the Future of Health and Social Care in England. The UK private health market Commission on the Future of Health and Social Care in England The UK private health market The NHS may dominate the provision of health care in England, but that still leaves the country with a significant

More information

OVERVIEW OF CURRENT SCHOOL ADMINISTRATORS

OVERVIEW OF CURRENT SCHOOL ADMINISTRATORS Chapter Three OVERVIEW OF CURRENT SCHOOL ADMINISTRATORS The first step in understanding the careers of school administrators is to describe the numbers and characteristics of those currently filling these

More information

THE NURSE SHORTAGE: PERSPECTIVES FROM CURRENT DIRECT CARE NURSES AND FORMER DIRECT CARE NURSES

THE NURSE SHORTAGE: PERSPECTIVES FROM CURRENT DIRECT CARE NURSES AND FORMER DIRECT CARE NURSES THE NURSE SHORTAGE: PERSPECTIVES FROM CURRENT DIRECT CARE NURSES AND FORMER DIRECT CARE NURSES AN OPINION RESEARCH STUDY CONDUCTED BY PETER D. HART RESEARCH ASSOCIATES ON BEHALF OF THE FEDERATION OF NURSES

More information

SUBJECT: Overview of Equalities in the Council Workforce

SUBJECT: Overview of Equalities in the Council Workforce Chief Executive s Department Town Hall, Upper Street, London N1 2UD Report of: Head of Human Resources SUBJECT: Overview of Equalities in the Council Workforce 1. Synopsis 1.1 This report sets out the

More information

2015 SALARY GUIDE. RICS Chartered Surveyors

2015 SALARY GUIDE. RICS Chartered Surveyors 2015 SALARY GUIDE RICS Chartered Surveyors Contents 2015 Salary Guide 1 Contents 2 Directors Commentary 3 Key Trends Affecting Recruitment 4 Financial Performance 4 Skills Shortage 4 Remuneration Trends

More information

The Consumer Holiday Trends Report. ABTA Consumer Survey 2013

The Consumer Holiday Trends Report. ABTA Consumer Survey 2013 The Consumer Holiday Trends Report ABTA Consumer Survey 2013 Number of holidays taken Despite market challenges, British holidaymakers continue to value their holidays with eight in ten 83% taking a holiday

More information

Young Black America Part Four: The Wrong Way to Close the Gender Wage Gap

Young Black America Part Four: The Wrong Way to Close the Gender Wage Gap Issue Brief August 2015 Young Black America Part Four: The Wrong Way to Close the Gender Wage Gap By Cherrie Bucknor* Young blacks in America have had significant improvements in educational attainment

More information

Market Monitor HALF YEAR 2015 UK EQUITY RELEASE

Market Monitor HALF YEAR 2015 UK EQUITY RELEASE UK EQUITY RELEASE Market Monitor HALF YEAR 2015 EMBARGOED UNTIL 00:01 15TH JULY 2015 Key Retirement, Baines House, 4 Midgery Court, Fulwood, Preston PR2 9ZH All images contained within this report can

More information

Dice Job Market Report 2016

Dice Job Market Report 2016 Dice Job Market Report 2016 Dice, January 2016 Introduction We surveyed over 1,200 UK tech professionals and 200 recruitment professionals to create a comprehensive Dice Job Market Report containing salary

More information

Sun Life Canadian UnretirementTM

Sun Life Canadian UnretirementTM Sun Life Canadian UnretirementTM Index 2013 Canadian Unretirement Index Report Life s brighter under the sun Table of contents Five years of the Canadian Unretirement Index 2 Section 1: A late retirement

More information

WORKFORCE SURVEY 2014/2015 M7 CORRIDOR

WORKFORCE SURVEY 2014/2015 M7 CORRIDOR WORKFORCE SURVEY 2014/2015 M7 CORRIDOR CONTENTS PAGE Introduction. 3 Key findings Employers. 4-7 Key findings - Employees. 8-11 Compare Salary Levels Engineering.. 12 Professional... 13 Accountancy.. 14

More information

Report: February 2015 Released: March 2015

Report: February 2015 Released: March 2015 Report: February 2015 Released: March 2015 GB LEISURE IN FEBRUARY 2015 - COMMENT February s spending patterns largely mirrored those seen in January, as Eating Out saw considerable growth, Drinking Out

More information

News consumption in the UK: 2014 Report

News consumption in the UK: 2014 Report News consumption in the UK: 2014 Report Research Document Publication date: June 2014 About this document This report provides key findings from Ofcom s 2014 research into news consumption across television,

More information

New Zealand Law Society/ Momentum Legal Salary Survey 2012

New Zealand Law Society/ Momentum Legal Salary Survey 2012 New Zealand Law Society/ Momentum Legal Salary Survey 2012 This is the second year that the New Zealand Law Society and Momentum have combined to carry out a survey of legal salaries. The objective is

More information

Bethpage Federal Credit Union. Long Island Small Business Survey

Bethpage Federal Credit Union. Long Island Small Business Survey Bethpage Federal Credit Union Long Island Small Business Survey Report Prepared by STONY BROOK UNIVERSITY CENTER FOR SURVEY RESEARCH December 2012 [1] INTRODUCTION Bethpage Federal Credit Union, New York

More information

Spring 2014. in partnership with. Employee Outlook

Spring 2014. in partnership with. Employee Outlook Spring 2014 in partnership with Employee Outlook WORK WORKFORCE WORKPLACE Championing better work and working lives The CIPD s purpose is to champion better work and working lives by improving practices

More information

Rewards & Well Being Research

Rewards & Well Being Research Rewards & Well Being Research Research among HR Reward and Benefits professionals to measure attitudes towards rewards & benefits Prepared by: Heather Macleod, Reed Business Insight On behalf of: Peter

More information

CONTENTS. Executive Summary. Report Findings. Contacts. Home Insurance. The cost of home insurance across the UK

CONTENTS. Executive Summary. Report Findings. Contacts. Home Insurance. The cost of home insurance across the UK CONTENTS Executive Summary Report Findings Home Insurance The cost of home insurance across the UK Trends in buildings and contents insurance claims Our possessions 4-4 - 7-10 - 12-3 15 6 9 11 15 Contacts

More information

Estimating differences in public and private sector pay

Estimating differences in public and private sector pay Estimating differences in public and private sector pay Andrew Damant and Jamie Jenkins, July 2011 Summary It is difficult to make comparisons of the two sectors because of differences in the types of

More information

The National Business Survey National Report November 2009 Results

The National Business Survey National Report November 2009 Results The National Business Survey National Report November 2009 Results 1 Executive Summary (1) 2 NBS results from November 2009 demonstrate the continued challenging conditions faced by businesses in England

More information

A survey of public attitudes towards conveyancing services, conducted on behalf of:

A survey of public attitudes towards conveyancing services, conducted on behalf of: A survey of public attitudes towards conveyancing services, conducted on behalf of: February 2009 CONTENTS Methodology 4 Executive summary 6 Part 1: your experience 8 Q1 Have you used a solicitor for conveyancing

More information

BRAZIL. 2013 was a slow year in Brazil with just over 2% GDP growth.

BRAZIL. 2013 was a slow year in Brazil with just over 2% GDP growth. BRAZIL 2013 was a slow year in Brazil with just over 2% GDP growth. Compared to 2012, however, Brazilian businesses were better able to anticipate market conditions and respond accordingly. As a result,

More information

UK Oil and Gas Salary Survey 2014. What are you worth?

UK Oil and Gas Salary Survey 2014. What are you worth? UK Oil and Gas Salary Survey 2014 What are you worth? Introduction Welcome to the 2014 edition of the Nigel Wright Energy UK Oil and Gas Salary Survey. As a company that is at the core of recruitment

More information

Consumer Services. The Help to Buy Hopefuls

Consumer Services. The Help to Buy Hopefuls Consumer Services The Help to Buy Hopefuls Experian Insight Report January 2014 1 Introduction 2014 is a year when the Government s home-buying initiative, Help to Buy, will be on the minds of many would-be

More information

global ENTERPRISE SURVEY REPORT 2011 asia-pacific

global ENTERPRISE SURVEY REPORT 2011 asia-pacific global ENTERPRISE SURVEY REPORT 2011 asia-pacific A UNIQUE AnnuAL insight into the competitiveness of ASIA-PAcific businesses And developments in GLOBALisAtion business with confidence icaew.com/smeresearch

More information

Limits to tax relief and tax-free benefits

Limits to tax relief and tax-free benefits TAX LIMITS FINAL SALARY AND CAREER REVALUED BENEFITS SECTIONS Limits to tax relief and tax-free benefits Introduction Pension benefits earned by individuals in the UK, which qualify to receive tax relief,

More information

Graduate Employment. First Destinations Report. UL Graduates 2012. Careers Service. Cooperative Education & Careers Division. www.ul.

Graduate Employment. First Destinations Report. UL Graduates 2012. Careers Service. Cooperative Education & Careers Division. www.ul. Graduate Employment First Destinations Report UL Graduates 2012 Careers Service Cooperative Education & Careers Division www.ul.ie/careers 1 TABLE OF CONTENTS 1 EXECUTIVE SUMMARY... 6 2 GRADUATE EMPLOYMENT

More information

Recruitment & Training at McDonald s. Recruitment

Recruitment & Training at McDonald s. Recruitment Recruitment & at McDonald s Recruitment As the biggest family restaurant business in the world, McDonald s vision is to provide the best family restaurant experience by far. To achieve this, we put people

More information

What really matters to women investors

What really matters to women investors january 2014 What really matters to women investors Exploring advisor relationships with and the Silent Generation. INVESTED. TOGETHER. Certainly a great deal has been written about women and investing

More information

Foreword. End of Cycle Report 2014. Applicants

Foreword. End of Cycle Report 2014. Applicants Foreword The End of Cycle Report is our most comprehensive analysis to date of recruitment to full time undergraduate courses in the UK. It provides a rich picture of demand and outcomes for higher education

More information

2015 in Architecture employment was a year of change, a positive one. But what does 2016 hold for employees and employers alike?

2015 in Architecture employment was a year of change, a positive one. But what does 2016 hold for employees and employers alike? ARCHITECTURE SALARY & EMPLOYMENT REVIEW January 2016 2015 in Architecture employment was a year of change, a positive one. But what does 2016 hold for employees and employers alike? Opportunities, challenges

More information

Press release: UK adspend forecasts lift after strong Q1, improving economy and World Cup

Press release: UK adspend forecasts lift after strong Q1, improving economy and World Cup Press release: UK adspend forecasts lift after strong Q1, improving economy and World Cup Embargoed until 00:01am, Tuesday 8 th July 2014 London, 8 th July 2014: Strong performances for TV and Radio in

More information

What adds value? Add a good sized room onto a 2-bed property & raise value by 10%+ Extra bathroom can add c10% 34% premium for period living

What adds value? Add a good sized room onto a 2-bed property & raise value by 10%+ Extra bathroom can add c10% 34% premium for period living What adds value? Add a good sized room onto a 2-bed property & raise value by 10%+ Extra bathroom can add c10% 34% premium for period living Headlines Gross Value Added - % Adding a third bedroom of 140

More information

Report of the 2014 salary survey of the IP profession

Report of the 2014 salary survey of the IP profession Report of the 2014 salary survey of the IP profession Hosted by Fellows and Associates Sponsored by The Patent Lawyer Magazine Table of Contents 1. Introduction 2 2. The sample 2 2.1. Location 2 2.2. Technical

More information

Small Business Owner Report Spring 2015

Small Business Owner Report Spring 2015 Letter from Robb Hilson We are pleased to share the spring 2015 Bank of America, a semiannual study that uncovers the concerns, aspirations and perspectives of small business owners around the country.

More information

Accountancy & Finance Salary Guide 2015 www.sigmar.ie

Accountancy & Finance Salary Guide 2015 www.sigmar.ie www.sigmar.ie Accountancy & Finance Salary Guide 2015 Sigmar Recruitment Sigmar Recruitment, established 2002, is a leading Irish recruitment services company with 15 specialist divisions across the entire

More information

2015 Wells Fargo Affluent Investor Survey

2015 Wells Fargo Affluent Investor Survey 2015 Wells Fargo Affluent Investor Survey Table of contents Overview 1 Key findings 2 Background and methodology 8 Harris Poll conducted the survey online of 1,993 affluent investors, ages 30 75 who have

More information

What Women Want Addressing the gender imbalance on MBA programmes

What Women Want Addressing the gender imbalance on MBA programmes What Women Want Addressing the gender imbalance on MBA programmes 1 Introduction JWT Education undertook an international market research project addressing female participation in MBA programmes. The

More information

The Developer Hiring Landscape 2015 - US Insight

The Developer Hiring Landscape 2015 - US Insight The Developer Hiring Landscape 2015 - Insight 2 Introduction Our goal with Stack Overflow Careers is to build a system where developers can get jobs that really match their hearts a Joel Spolsky CEO &

More information

Investors in People Impact Assessment. Final report August 2004

Investors in People Impact Assessment. Final report August 2004 Final report Investors in People Impact Assessment 2004 Final report Investors in People Impact Assessment By: Charles Michaelis Michelle McGuire Final report Contents 1 EXECUTIVE SUMMARY... 5 1.1 BACKGROUND...5

More information

Institution of Civil Engineers (ICE) Salary Survey 2009. Survey of ICE working members in the United Kingdom, Hong Kong and the United Arab Emirates

Institution of Civil Engineers (ICE) Salary Survey 2009. Survey of ICE working members in the United Kingdom, Hong Kong and the United Arab Emirates Institution of Civil Engineers (ICE) Salary Survey 2009 Survey of ICE working members in the United Kingdom, Hong Kong and the United Arab Emirates 2 About this report Research conducted by Resolution

More information

LEGAL & GENERAL HOME FINANCE. Guide to Lifetime Mortgages

LEGAL & GENERAL HOME FINANCE. Guide to Lifetime Mortgages LEGAL & GENERAL HOME FINANCE Guide to Lifetime Mortgages A lifetime mortgage could give you the freedom to really enjoy your retirement. We re delighted you re finding out more about lifetime mortgages.

More information

A BROADENING LANDSCAPE

A BROADENING LANDSCAPE HAYS UK SALARY & RECRUITING TRENDS 2016 CONSTRUCTION, ENGINEERING & PROPERTY A BROADENING LANDSCAPE CONSTRUCTION, ENGINEERING & PROPERTY Overview The performance and outlook of the construction industry

More information

Contents. Introduction... 1. Key Findings... 1. 1. India s Changing Retirement Landscape... 2. 2. Retirement Expectations and Aspirations...

Contents. Introduction... 1. Key Findings... 1. 1. India s Changing Retirement Landscape... 2. 2. Retirement Expectations and Aspirations... Contents Introduction... 1 Key Findings... 1 1. India s Changing Retirement Landscape... 2 2. Retirement Expectations and Aspirations... 4 3. Retirement Saving and Planning... 7 4. The Retirement Savings

More information

Careers Advisory Service

Careers Advisory Service Careers Advisory Service Annual Report 2012/13 First Destination Statistics Careers Advisory Service 2 nd Floor, 7-9 South Leinster Street The University of Dublin, Trinity College Dublin 2 Tel: 01-8961721/1705

More information

LABOUR MARKET OUTLOOK VIEWS FROM EMPLOYERS

LABOUR MARKET OUTLOOK VIEWS FROM EMPLOYERS LABOUR MARKET OUTLOOK VIEWS FROM EMPLOYERS Spring 215 The CIPD is the professional body for HR and people development. The not-for-profit organisation champions better work and working lives and has been

More information

2012 Salary Survey - Results NSW Building and Construction Industry

2012 Salary Survey - Results NSW Building and Construction Industry 2012 Salary Survey - Results NSW Building and Construction Industry Contents Foreword 1 Survey Partners 2 Section A General Questions on Company Operations 3 Section B Questions on Salary Package levels

More information

CHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION. A report by Hays and Zhaopin. hays.cn

CHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION. A report by Hays and Zhaopin. hays.cn CHINA S FINANCE INDUSTRY SALARY TRENDS AND TALENT RETENTION A report by Hays and Zhaopin. hays.cn Introduction While economic growth slows in China s traditional business areas, financial institutions

More information

RICS Global Commercial Property Monitor Q2 2014

RICS Global Commercial Property Monitor Q2 2014 Simon Rubinsohn Chief Economist srubinsohn@rics.org +44 (0)207334 3774 RICS ECONOMICS RICS Global Commercial Property Monitor Q2 2014 * RICS Occupier Sentiment Index (OSI) is constructed by taking an unweighted

More information

A total of 4,700 people are employed in the Animation industry.

A total of 4,700 people are employed in the Animation industry. Animation Sector Labour Market Digest Background Labour market data provided by the Office for National Statistics (ONS) do not provide the sectoral detail required by the Creative Media Industry and Skillset

More information

HR 2014 Salary & Employment Insights The Rocky Road to Recovery

HR 2014 Salary & Employment Insights The Rocky Road to Recovery The Rocky Road to Recovery 2 Contents UK Overview 3 Adapting to the changing economic conditions 4 The rocky road to recovery 5 Uncertainty versus the upturn 7 The ticking time bomb The employer/employee

More information