UK Salary Evaluation 2024

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UNITED KINGDOM

SALARY BENCHMARKING

About this report

This report includes detailed scaled salary information for industry specific full-time professional positions across the UK.

The scope of the data is national.

The data for each position is broken down in three banding categories:

Band A → Ideal starting salary offer when stepping up into a position. Lowest end of the market’s pay norm.

Minimum experience in the position and still developing relevant skills.

Band B → Salary offer sitting within the 50th percentile; median range of the market. The candidate has an average level of experience and has most of the necessary skills.

Band C → Top end of salary offers for hiring or retaining individuals.

Higher experience, superior skills, finer institutional/business knowledge and exceeding responsibilities. Market’s rarest resource and top talent’s worth according to market key factors and dynamics.

Salary bandings provide:

a standardised framework for setting and comparing salaries across roles and departments. help in maintaining or setting consistency in pay structure. comparison with current compensation packages against industry standards and competitors. support to remain competitive in attracting and retaining talent. predictable salary expenses and aids in financial planning and forecasting. career development and progression support by providing clear salary ranges for different levels of roles. framework for salary negotiations during recruitment and performance reviews help in maintaining internal equity

Benefits

Legally mandated benefits

 Minimum wage

 Overtime

 Retirement/pension scheme

 Holiday entitlement

 Holiday pay

 Parental leave (paternity/maternity/adoption leave)

 Antenatal care

 Statutory sick pay

Extra benefits

 Private medical

 Car allowance / company car

 Bonus(es)

 Pension schemes

 Group Life insurance/income protection

 Cycle to work scheme

 Fully/partial paid public transport

 Sabbatical leave

 Unlimited annual leave

 Flexible working

 Discount scheme

 Mental health assistance

 Financial planning help

 Parental leave (above statutory)

 Training and coaching sessions

 Company discounts

 Perks programmes.

 Gym membership

 Wellbeing funds

 Away days or team holidays

Distribution of the average net income

London Weighting allowances and city increases:

lowest income area

low income area

moderate income area

median income area

high income area

highest income area

Inner/outer London: between 6.45% for inner London to 5% for outer London, on top of the basic salary

Fringe areas: An extra 5% on top of the basic salary

These allowances help offset the high costs associated with living in London, such as housing, transportation, and childcare, which can be significantly more expensive than in other parts of the UK.

Salary difference* with London:

Southeast: +11.67%

Southwest: +20.13%

Northeast: +25.11%

Northwest: +21.02%

East Midlands: +22.83%

Scotland: +17.13%

Wales: +22.63%

BUSINESS PLANNING & PROJECT DEVELOPMENT

BUSINESS PLANNING

PROJECT DEVELOPMENT

SALES & PARTNERSHIPS

GLOBAL MERCHANDISING/E-COMMERCE

DIGITAL & MARKETING

MERCHANDISING

– Logistics & warehouse

HOSPITALITY / EVENTS (1)

HOSPITALITY / EVENTS

Positions

HOSPITALITY CHEFS / KITCHEN

(CPU/RESTAURANTS/HOSPITALITY)

HOSPITALITY CHEFS / KITCHEN

(EVENTS/RETAIL)

HOSPITALITY – BACK OF HOUSE

Positions

HOSPITALITY – HR & TRAINING

Levels

Positions

HOSPITALITY FINANCE – IT – PROCUREMENT

Positions

Positions

CORPORATE – FINANCE / I.T.

CORPORATE – HUMAN RESOURCES

Positions

CORPORATE – LEGAL / MARKETING / OFFICE

Positions

Positions

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