UK professionals climb up European pay league – Willis Towers Watson

The UK climbed up the European pay league for professionals and middle managers in 2015 according to the latest Global 50 Remuneration Planning Report from consultants Willis Towers Watson. Base salaries for professionals at both middle manager and entry level are now ranked 4^th and 12^th respectively in the table of top 15 European economies, compared with 7^th and 13^th in 2014.

However, UK middle managers still have some way to go to match the base salaries offered to Swiss professionals, who sit at the top of the leader board with an average salary of £111,576 a year.

Darryl Davies, senior consultant at Willis Towers Watson, said:

‘Our latest gross salary data shows positive movement at professional entry and middle manager levels for the UK. However, entry-level pay in the UK remains considerably below the continent’s highest-wage markets. However, we have seen middle manager pay jump several places up the ranking, suggesting UK salary growth for this level is increasing at a faster rate than our Western European colleagues.’

The Global 50 Remuneration Planning Report contains the latest pay and benefits information for 50 positions across 60 countries worldwide and is a planning tool that enables cross-country pay comparisons. It is available to purchase in full from Willis Towers Watson Data Service: www.willistowerswatson.com/en-GB/press/2016/01/UK-bounds-up-European-pay-league