Don’t let the fact that the survey is actually called Annual Salary & Benefits Survey 2009 put you off taking a look further. This is the REC’s most up to date report and was only launched at the end of 2010, so it’s not going to be totally out of date.
This is one of the very thorough reports that the REC produce; the exuctive summary alone has more detail than many similar surveys:
Salaries
• The average basic salary for the UK recruitment industry currently stands at £27,420.
• Consultants (£25,010) earn a basic salary that is over £9,000 less than the average basic salary of Managers (£34,109), and since 2008 the average basic salary of Consultants has fallen significantly (by £1,777 on average).
• The average total salary of recruiters, including bonus/commission, currently stands at £38,218.
• Overall the average total salary has remained almost static since 2008 (down just £134 from £38,352, to £38,218).
• On average, in 2009 recruiters received a bonus/commission of over £12,500 on top of their basic salary (£12,526).
• Bonuses received by Managers (£15,476) were on average around £4,000 higher than Consultants’ (£11,531).
Benefits
• Overall, training schemes or training days are by far the type of benefit most likely to be enjoyed by those working in the recruitment industry (64%). After some margin, home/mobile telephone bills, pension schemes and personal incentives are next most likely, and received by at least 40% all respondents.
• In addition to the range of benefits offered, in nearly two-thirds of cases other employee recognition programmes are in place (38%).
Annual Leave
• On average respondents are entitled to 24 days annual leave (excluding Bank and Public holidays).
Satisfaction with job overall and pay
• Overall, job satisfaction in the recruitment industry remains high. Just under three quarters of all recruiters are satisfied with their job overall (73%, compared with 76% in 2008).
• Managers are significantly more satisfied with their job than Consultants.
Staff Turnover
• The average rate of staff turnover is 37%, (i.e. the average proportion of staff that leave and are replaced in a 12 months period).
I think it’s fascinating stuff… but if you want more information you’ll need to buy it (£49 for members and £149 for non members)
