Salary survey of reward professionals 2006/07

PAY DATA

Salary survey of reward professionals 2006/07

There’s a real paucity of good quality reward candidates which is fuelling consistently higher salaries than in other areas of HR. This is the verdict of a survey by Frazer Jones Reward, a recruitment business focussing exclusively on reward professionals.

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Executive compensation remains the “most sought-after and poorly resourced specialism”, says Frazer Jones, so salaries are at a “particularly high premium”.

Key survey findings

  • Reward analyst - average base salaries range from £26,000 in the public sector to £43,680 in financial services.

  • Reward consultant - average base salaries range from £42,500 in retail/manufacturing to £47,500 in financial services.

  • Reward manager - average base salaries range from £33,500 in the public sector to £56,666 in financial services.

  • Senior reward manager - average base salaries range from £45,000 in the public sector to £75,000 in engineering/logistics.

  • Head of reward - average base salaries range from £70,500 in retail/manufacturing to £115,000 in engineering/logistics.

Want to know more?

Title: Reward Salary Survey 2006/07, Frazer Jones.

Survey details: The survey has been produced using data collected from responses to a questionnaire, between September and October 2006 and from recruitment assignments handled by Frazer Jones Reward over the 12 months to October 2006.

A series of table in the 12-page report gives figures for eight business sectors, covering base salary range, average base, average bonus, average allowance and average total remuneration.

Availability: For more information contact Matt Brooks, tel: 0207 415 2815, email: mattbrooks@frazerjones.com

Frazer Jones Reward focuses on the recruitment of professionals working within compensation, employee benefits, pensions, expatriate management and administration, management information and payroll. Its methodology encompasses a variety of approaches, including contingency recruitment and advertised selection. Its candidate network spans the complete range of seniority, from analyst through to head of department, across the whole of the UK and internationally. To find out more visit www.frazerjonesreward.com