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North East Salary Survey 2015
What are
you worth?
Welcome to the 2015 edition of the Nigel Wright Recruitment North
East Salary Survey. As a company that is at the core of recruitment in
the region, it is essential that we acknowledge market movements
and understand the effects these changes have on employment
and the overall business environment. Due to the effect that these
ļ¬‚uctuations will ultimately have on any companyā€™s recruitment
strategy, we see it as essential to provide our clients with the most
up-to-date information available.
Introduction
The information in this survey has been gathered from over 1000 respondents who completed our
online survey in the last quarter of 2014/2015, as well as data from our own extensive database
of candidates. This provides us with a large data-set allowing us to understand in more depth the
average salary and the type of beneļ¬ts people receive within the North East. Other factors include
what beneļ¬ts people see as an important part of their remuneration package and the reasons why
people move jobs internally or externally, as well as the methods that they utilise to search for a
new job. We hope that the results presented within the general overview and discipline speciļ¬c
information will be of interest.
For further information and advice please contact one of our consultants specialising in
your speciļ¬c discipline on 0191 222 0770.
About Nigel Wright Recruitment
Since its formation in the 1980s, Nigel Wright Group has become a leading name in the
recruitment industry across Europe.
Nigel Wright consultants solve business problems
for clients every day through the provision of
effective recruitment solutions. The business
has grown from being a specialist recruiter in the
ļ¬nance sector to covering a full range of disciplines
in a number of different industry sectors.
Currently, we have nine ofļ¬ces from which to
support our growing client base; each ofļ¬ce
supports either our consumer, energy, executive or
recruitment business units. Our current locations
are: Newcastle, London, Aberdeen, Copenhagen,
Dusseldorf, Madrid, Oslo, Paris and Stockholm.
Nigel Wright Recruitment is a specialist UK
division focusing on a broad range of professional
disciplines and industry sectors for local, national
and international businesses. The teams are able
to handle executive and senior management roles,
through to junior and entry level for permanent,
temporary, interim and contract roles. We also
serve the following key industry sectors: Industrial
and Manufacturing, Consumer, Business and
Professional services, Public and Third Sectors,
Scientiļ¬c, Built Environment and Digital and
Creative and cover the following disciplines; sales,
marketing, engineering, manufacturing, supply
chain and procurement, ļ¬nance and accountancy,
information technology, human resources,
executive and NEDs.
Nigel Wright Recruitmentā€™s specialist consultants
are committed to delivering a quality service;
most have an industry background and will have
experience of dealing with key companies in your
sector. This depth of knowledge and expertise
ensures that the professional and unique service
offered to our clients and candidates is second
to none.
04 North East Salary Survey 2015
Contents
1. Executive summary 05
2. Non-monetary indicators 08
2.1 Weekly hours worked by sector 08
2.2 Job satisfaction by job level 09
2.3 Job satisfaction by discipline 10
2.4 Job satisfaction by gender 11
2.5 Factors inļ¬‚uencing a change of roles 12
2.6 Methods used to search for a new role 13
3. Salary, beneļ¬ts and bonuses 14
3.1 Basic salary (Ā£) excluding beneļ¬ts or bonus by type of employment 15
3.2 Basic daily rate (Ā£) non permanent employment 16
3.3 Basic salary (Ā£) excluding beneļ¬ts or bonus by generic job title 17
3.4 Basic salary (Ā£) excluding beneļ¬ts or bonuses by generic job title and gender 18
3.5 Average percentage of salary increase received and expected by generic job title 19
3.6 Importance of beneļ¬ts as part of a remuneration package 20
3.7 Importance of beneļ¬ts as part of a remuneration package by gender 21
4. Analysis of salaries in relation to discipline 22
4.1 Executive/Board level 23
4.2 Finance and Accountancy 26
4.3 Human Resources 27
4.4 Information Technology 28
4.5 Manufacturing 29
4.6 Supply Chain 30
4.7 Engineering 31
4.8 Marketing 32
4.9 Sales 33
5. Contact details 34
North East Salary Survey 2015 05
Respondentā€™s Proļ¬le
COMPANY AND EMPLOYEE PROFILE
The majority of respondents (57%) are employed by companies or organisations with less than
1000 employees. 24% work for companies and/or organisations with more than 5000 employees.
41% are employed by companies or organisations with a turnover greater than Ā£40 million. 20%
work for companies or organisations with a turnover in excess of Ā£500 million.
In the main, respondents work in the industrial and manufacturing (35%) and business support and
professional services (31%) sectors. Followed by the public and third sectors (13%), consumer (8%)
and digital and creative (8%).
1. Executive summary
Male: 71% Female: 29%
BASE:
1000+
PLUS REGISTERED
NORTH EAST
Average age: 42
96%
Work in full time
employment
75%
Are educated to
degree level or above
29%
Hold a professional
qualiļ¬cation such as
CIM, IPD, and ACA etc
06 North East Salary Survey 2015
WORK HISTORY AND JOB SATISFACTION
48% of respondents have worked for their current employer between 1 and 5 years. 12% have
been with the same company for more than 10 years and 21% less than twelve months.
The majority (50%) of respondents have been in their current role for less than two years. 17%
have been fulļ¬lling the same role for more than ļ¬ve years while 27% have been in their role for less
than 12 months.
On average, respondents work 43 hours per week.
The majority of respondents were either satisļ¬ed (33%) or moderately satisļ¬ed (18%) with their
current job. Only 12% described themselves are very satisļ¬ed with 6% feeling very dissatisļ¬ed.
BASIC SALARY, EXCLUDING BENEFITS AND BONUSES
As part of their last salary review respondents received, on average, a 3% increase.
Overall, respondents were expecting slightly less in their next salary review, with the average
increase expected, falling to 2.6%.
The gap between male and female salaries increased again by 1% to 12%, which is above the
national average of 9.4%.
The majority of respondents were either satisļ¬ed (25%) or moderately satisļ¬ed (32%) with their
current remuneration. 14% claimed to be very satisļ¬ed while only 4% indicated they are very
dissatisļ¬ed.
JOB SEEKING AND JOB CHANGING
70% of respondents in permanent employment would use Nigel Wright Recruitmentā€™s website to
search for a new job.
This was followed by other recruitment consultancies (47%) and direct approaches to employers
(44%).
49% use online job boards while 36% use social networking sites.
Respondents in non permanent employment rely more on online job boards (70%).
Nigel Wright Recruitmentā€™s website (46%) as well as other recruitment consultancies (52%) and
direct approaches (39%), were also important.
Increased remuneration, promotion and new challenges would be the most important factors for
respondents, when looking to change jobs.
North East Salary Survey 2015 07
BENEFITS
71% of respondents working in permanent employment receive some form of company beneļ¬t or
bonus as part of their remuneration package.
Pension
33% have held their company pension fund for up to three years, with employers contributing 7%
on average, and respondents personally contributing 5%.
Car allowance or loan
29% of respondents working in permanent employment are entitled to a car allowance or loan,
with an average value of Ā£7,000.
Childcare allowance
50% of respondents working in permanent employment are entitled to a childcare allowance,
however only 5% claim it. The average being Ā£1,800 per year.
Annual leave
The majority of respondents working in permanent employment (55%) are entitled to between 21
and 25 days of leave per year. 37% take more than 25 days leave every year.
Healthcare
44% of respondents working in permanent employment are entitled to healthcare with 21%
receiving cover for both themselves and family members.
Importance of beneļ¬ts
Respondents working in permanent employment felt that the three most important employer
beneļ¬ts as part of a remuneration package were an employer contributory pension (59%), ļ¬‚exible
working (54%) and holiday entitlement (50%). A personal bonus (42%) was also rated highly.
BONUS
21% of respondents working in permanent employment receive both a company and personal
bonus. 3% of those also receive a guaranteed bonus.
Guaranteed bonus
8% of respondents working in permanent employment receive a guaranteed bonus as part of their
remuneration package, the average being 7%.
Company performance related bonus
46% of respondents working in permanent employment receive a company performance related
bonus as part of their remuneration package, the average being 8%.
Personal performance related bonus
27% of respondents working in permanent employment receive a personal performance related
bonus as part of their remuneration package, the average being 10%.
08 North East Salary Survey 2015
2. Non-monetary indicators
2.1 Weekly hours worked by sector
This section presents information from respondents from all disciplines and levels, on their
working hours, levels of satisfaction and the factors that motivate them to change roles.
On average, respondents work 43 hours per week. The majority (47%) of respondents work
between 36 and 40 hours per week. Thirty ļ¬ve per cent of respondents work between 41 and 50
hours per week and a further 11% work over 50 hours per week. On average, employees in the
consumer and industrial and manufacturing and sectors work slightly longer hours per week.
37
38
39
40
41
42
43
44
45
46
consum
er
industrialand
m
anufacturing
digitaland
creative
business
support
and
professionalservices
public
and
third
sector
Sector
Avg.No.Hours
2.1 ā€“ Average number of hours worked per week
North East Salary Survey 2015 09
Respondents were asked to rate their level of job satisfaction on the following ļ¬ve-point scale:
1 = very dissatisļ¬ed
2 = moderately dissatisļ¬ed
3 = satisļ¬ed
4 = moderately satisļ¬ed
5 = very satisļ¬ed.
The results show a fairly satisļ¬ed workforce in the UK overall. Although there are variations
between the strength of respondentsā€™ satisfaction, over 72% of respondents at each level of their
organisations rated themselves as being between satisļ¬ed and very satisļ¬ed.
0
5
10
15
20
25
30
35
40
very
satisfied
moderately
satisfied
satisfied moderately
dissatisfied
very
dissatisfied
Level of satisfaction
%ofrespondents
executive
management
non management
2.2 Job satisfaction by job level
2.2 ā€“ Job satisfaction by job level
10 North East Salary Survey 2015
Executive = Board level
Commercial = Sales, Marketing & Business Development
Operations = Engineering, Supply Chain & Manufacturing
Support Services = HR, IT & Finance
Below executive level, those working in support services roles are the least satisļ¬ed. HR, IT &
Finance professionals, on average, were between 2-5% less satisļ¬ed, on average, that those
working in either operations or commercial roles.
0
5
10
15
20
25
30
35
40
very
satisfied
moderately
satisfied
satisfied moderately
dissatisfied
very
dissatisfied
Level of satisfaction
%ofrespondents
executive
commercial
operations
support services
Respondents were asked to rate their level of job satisfaction on the following ļ¬ve-point scale:
1 = very dissatisļ¬ed
2 = moderately dissatisļ¬ed
3 = satisļ¬ed
4 = moderately satisļ¬ed
5 = very satisļ¬ed
2.3 Job satisfaction by discipline
2.3 ā€“ Job satisfaction by discipline
North East Salary Survey 2015 11
0
5
10
15
20
25
30
35
40
very
satisfied
moderately
satisfied
satisfied moderately
dissatisfied
very
dissatisfied
Level of satisfaction
%ofrespondents
men
women
The results show that men are more satisļ¬ed in their current job than women, with 78% of men
rating themselves satisļ¬ed to very satisļ¬ed, compared with 72% of women.
Respondents were asked to rate their level of job satisfaction on the following ļ¬ve-point scale:
1 = very dissatisļ¬ed
2 = moderately dissatisļ¬ed
3 = satisļ¬ed
4 = moderately satisļ¬ed
5 = very satisļ¬ed
2.4 Job satisfaction by gender
2.4 ā€“ Job satisfaction by gender
12 North East Salary Survey 2015
Respondents were asked to select the top three factors that would motivate them to change
jobs, both within their current company (internally) and to another organisation (externally). It is
perhaps no surprise that the three most popular inļ¬‚uencing factors are quite closely linked ā€“ one
leading to the other in most cases. These were increased remuneration, new challenges and
promotion.
0
10
20
30
40
50
60
70
80
Factor
%ofrespondents
internal
external
change
discipline
change
location
different
environm
ent/culture
flexible
w
orking
achieve
an
im
proved
w
ork-life
balance
gain
new
skills
prom
otion
new
challenges
increased
rem
uneration
2.5 Factors inļ¬‚uencing a change of roles
2.5 ā€“ Factors inļ¬‚uencing a change of roles
North East Salary Survey 2015 13
Respondents were asked to select all methods that they would utilise when looking for a new role.
As the respondents surveyed were mainly people already known to Nigel Wright Recruitment,
it is no surprise that within the top three methods were our website and using a recruitment
consultancy. Social networking is also an increasingly important method for job seekers. Using
Social Networking sites to identify job opportunities now surpasses the use of traditional media
such as newspapers and magazines.
0
10
20
30
40
50
60
70
80
Method
%ofrespondents
permanent
non permanent
nigelw
right
recruitm
ent
w
ebsite
direct
approaches
to
em
ployers
other
recruitm
ent
consultancies
online
job
boards
socialnetw
orking
sites
internalbulletin
boards/em
ployer
intranets
regionalor
localnew
spaperstrade
m
agazines
other
2.6 Methods used to search for a new role
2.6 ā€“ Methods used to search for a new role
North East Salary Survey 2015
Salary, beneļ¬ts
and bonuses
North East Salary Survey 2015 15
This section presents information from respondents from all disciplines and levels on their salary,
beneļ¬ts and bonuses.
Salaries have increased, on average, by 3% during the last 12 months. This is in line with
expectations outlined in last yearā€™s report and a clear indication of improving market conditions.
0
5
10
15
20
25
Basic Salary (Ā£)
%ofrespondents
permanent
non permanent
less
than
Ā£19,999
Ā£20,000
ā€“
Ā£29,999Ā£30,000
ā€“
Ā£39,999
Ā£40,000
ā€“
Ā£49,999
Ā£50,000
ā€“
Ā£59,999
Ā£60,000
ā€“
Ā£69,999
Ā£70,000
ā€“
Ā£79,999
Ā£80,000
ā€“
Ā£89,999
Ā£90,000
ā€“
Ā£99,999
Ā£100,000
or
m
ore
3.1 Basic salary (Ā£) excluding beneļ¬ts or bonus by
type of employment
3.1 ā€“ Basic salary (Ā£) excluding beneļ¬ts or
bonus by type of employment
16 North East Salary Survey 2015
The average basic daily rate for respondents working in non-permanent employment is Ā£320.
Interim candidates (Ā£345) on average tend to earn more followed by contractors (Ā£330) and
temps (Ā£160). Nigel Wright Recruitment interim candidates are typically IT executives or CEOs of
SMEs. Our temp candidates, in the main, are HR, Sales and Marketing professionals whereas our
contractors tend to work in Finance, IT and Operations across all levels.
Daily Rate (Ā£)
%ofrespondents
interim
contract
temp
0
5
10
15
20
25
30
35
40
>Ā£74
Ā£75ā€“
Ā£119
Ā£120
ā€“
Ā£149
Ā£150
ā€“
Ā£199
Ā£200
ā€“
Ā£299
Ā£300
ā€“
Ā£349
Ā£350
ā€“
Ā£399
Ā£400
ā€“
Ā£499
Ā£500+
3.2 Basic daily rate (Ā£) āˆ’
non permanent employment
3.2 ā€“ Basic daily rate (Ā£) non permanent employment
North East Salary Survey 2015 17
These results highlight the differences in salaries received by respondents fulļ¬lling different,
generic roles, within their companies and/or organisations. A more detailed analysis of job titles in
relation to function start at page 19. The average CEO salary was Ā£175,000 followed by Managing
Directors at Ā£105,000. On average, Directors are earning Ā£85,000 whereas functional Heads or
Controllers earn Ā£65,000. Senior Managers earn on average, Ā£60,000 compared to Managers who
earn Ā£45,000. As part of the survey, each respondent was asked to select the job title closest to
their own. These results, therefore, should only be used as a guide.
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
BasicSalary(Ā£)
Job Title
ceo
m
anaging
director
director
head/controller
senior
m
anager
m
anager
consultant
developer
analyst
executive
adm
inistrator
assistant
3.3 Basic salary (Ā£) excluding beneļ¬ts or bonus
by generic job title
3.3 ā€“ Basic salary (Ā£) excluding beneļ¬ts or bonus by generic job title
18 North East Salary Survey 2015
The majority (71%) of respondents are male and this should be taken into consideration when
assessing these results. The results do highlight, however, an enduring pay gap between men and
woman. The gap between male and female salaries increased again by 1% to 12%, which is above
the national average of 9.4%. The difference is particularly apparent at the executive level, where
the pay gap between men and woman tends to be higher.
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
200,000
BasicSalary(Ā£)
180,000
Job Title
ceo
m
anaging
director
director
head/controller
senior
m
anager
m
anager
consultant
developer
analyst
executive
adm
inistrator
assistant
men
women
3.4 Basic salary (Ā£) excluding beneļ¬ts or bonuses
by generic job title and gender
3.4 ā€“ Basic salary (Ā£) excluding beneļ¬ts or bonuses
by generic job title and gender
North East Salary Survey 2015 19
As part of their last salary review respondents received, on average, a 3.0% increase. Overall,
respondents were expecting slightly less in their next salary review, with the average increase
expected at 2.6%. The majority (64%) of respondents received between 1% and 5% in their last
review and 74% expect to receive between 1% and 5% in their next review.
0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
%ofsalaryincrease
Job Title
ceo
m
anaging
director
director
head/controller
senior
m
anager
m
anagerconsultant
developer
analyst
executive
adm
inistrator
assistant
received
expected
3.5 Average percentage of salary increase
received and expected by generic job title
3.5 ā€“ Average percentage of salary increase received
and expected by generic job title
20 North East Salary Survey 2015
71% of respondents receive some form of company beneļ¬t or bonus as part of their remuneration
package. Respondents felt that the three most important employer beneļ¬ts as part of a
remuneration package were an employer contributory pension (59%), ļ¬‚exible working (54%)
and holiday entitlement (51%). Child care (4%) and career breaks (2%) were considered the least
important beneļ¬ts.
0
10
20
30
40
50
60
Type of benefit
%ofrespondents
em
ployer
contributory
pension
holiday
entitlem
ent
flexible
w
orking
bonus
ā€“
personal
bonus
ā€“
com
pany
perform
ance
health
insurance
car
allow
ance
com
pany
car
and
petrol
share
options
non-contributory
pension
com
pany
car
w
ithout
petrol
career
breaks/sabbaticals
childcare
allow
ances
3.6 Importance of beneļ¬ts as part of a
remuneration package
3.6 ā€“ Importance of beneļ¬ts as part of a remuneration package
North East Salary Survey 2015 21
For men and woman an Employer contributory pension is considered to be the most important
beneļ¬t in an overall remuneration package, followed by ļ¬‚exible working and holiday entitlement.
Men tend to value bonuses, car allowances and share options as important factors in their overall
beneļ¬ts package. Woman value ļ¬‚exible working and holidays more so than those factors.
0
10
20
30
40
50
60
70
Type of benefit
%ofrespondents
em
ployer
contributory
pension
holiday
entitlem
ent
flexible
w
orking
bonus
ā€“
personal
bonus
ā€“
com
pany
perform
ance
health
insurance
car
allow
ance
com
pany
car
and
petrol
com
pany
car
w
ithout
petrol
share
options
non-contributory
pension
career
breaks/sabbaticals
childcare
allow
ances
men
women
3.7 Importance of beneļ¬ts as part of a
remuneration package by gender
3.7 ā€“ Importance of beneļ¬ts as part of a remuneration package by gender
North East Salary Survey 2015
Analysis of salaries in
relation to discipline
North East Salary Survey 2015 23
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
BasicSalary(Ā£)
Job Title
ceo
coo/m
anaging
director
non
executive
director
Job Title Range Average Basic Salary
CEO Ā£100,000 ā€“ Ā£180,000+ Ā£175,000
COO/Managing Director Ā£80,000 ā€“ Ā£120,000+ Ā£105,000
Non Executive Director Ā£5,000 ā€“ Ā£50,000+ Ā£12,500
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
4.1 Executive/Board level
*Public sector and not for proļ¬t NEDs salaries range from between Ā£5,000 and Ā£15,000, the majority of which
fall at the bottom end of the range. Private sector NED salaries, on the other hand, range from between
Ā£20,000 and Ā£50,000 depending on ownership (i.e. Private Equity). PLC NEDs also earn more than those
employed in privately owned businesses.
24 North East Salary Survey 2015
BASIC SALARY, EXCLUDING BENEFITS
The average basic salary, excluding beneļ¬ts, at executive/board level is Ā£110,000 with the average
daily rate for a non-permanent executive, Ā£530.
53% of respondents are either satisļ¬ed or moderately satisļ¬ed with their current remuneration.
29% are very satisļ¬ed and only 3% of respondents are very dissatisļ¬ed.
SALARY INCREASE RECEIVED AND EXPECTED
59% of respondents at executive and board level received between a 1% and 5% increase in their
last salary review. 71% were expecting to receive the same percentage value as part of their next
review.
BENEFITS
At executive and board level, 85% of respondents receive some form of company beneļ¬t or bonus
as part of their remuneration package.
Car allowance
45% of respondents at executive and board level are entitled to a car allowance or loan. Fifty
percent of those receive between Ā£6,000 and Ā£15,000 with 15% receiving more than Ā£25,000.
Childcare allowance
79% of executive and board level respondents are entitled to a childcare allowance of which only
3% actually claim it.
Annual leave
36% of executive and board level respondents take between 21 and 25 days leave per year. 60%
take more than 25 days.
Healthcare
59% of executive and board level respondents are entitled to a healthcare allowance of which 65%
have cover that includes themselves and family members.
Pension
97% of executive and board level respondents are entitled to an employer pension fund. 44% have
been paying into the fund for up to ļ¬ve years, with 21% for less than a year. 48% receive over 7%
contributions from their employer. 13% receive in excess of an 11% contribution for their employer.
Typically, executive and board level respondents will contribute between 6% and 10% into their
company pension fund.
North East Salary Survey 2015 25
BONUSES
Guaranteed bonus
7% of respondents at executive and board level receive a guaranteed bonus. This ranged from
between 6% and 20%.
Company performance related bonus
72% of respondents at executive and board level receive a company performance related bonus.
24% received between 6% and 20% in their last bonus and 43% are expecting to receive between
21% and 40% in their next bonus.
Personal performance related bonus
45% of respondents at executive and board level receive a personal performance related bonus.
23% received between 6% and 20% in their last bonus and 38% are expecting to receive between
6% and 20% in their next bonus.
VIEWS
Skills shortages
At executive and board level, respondents highlighted that commercial acumen (74%), having the
right personality (65%) and communication skills (32%) were the three key attributes that people
often lack at the top.
Qualities required to be successful
To be successful at executive and board level, in the main, respondents indicated that a mix of
good communication skills (88%), being ļ¬‚exible and adaptable (79%) and having professional
knowledge (73%) were essential.
Importance of beneļ¬ts
Respondents at executive and board level considered an employer contributory pension (56%),
ļ¬‚exible working (44%) and a personal bonus (41%) to be the three most important beneļ¬ts.
26 North East Salary Survey 2015
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
We are also able to provide detailed information regarding salaries within the accountancy profession in the
North East region. However, due to the variance in salaries across the differing size of ļ¬rms, and the different
services lines therein, it would be inappropriate to give an average ļ¬gure by job title.
For a discussion regarding salaries and associated beneļ¬ts within the accountancy profession please contact
Alistair Westwood, our specialist in that ļ¬eld, on 0191 269 0708.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
BasicSalary(Ā£)
Job Title
finance
director
head
offinance/controllerfinance
m
anager
finance
business
partner
financialaccountant
m
anagem
ent
accountantfinancialanalyst
accountant/finance
assistant
payrollm
anager/supervisor
4.2 Finance and Accountancy
Job Title Range Average Basic Salary
Finance Director Ā£40,000 ā€“ Ā£100,000+ Ā£84,000
Head Of Finance / Controller Ā£50,000 ā€“ Ā£80,000+ Ā£58,500
Finance Manager Ā£45,000 ā€“ Ā£80,000 Ā£51,000
Finance Business Partner Ā£45,000 ā€“ Ā£70,000 Ā£47,000
Financial Accountant Ā£35,000 ā€“ Ā£40,000 Ā£40,000
Management Accountant Ā£32,000 ā€“ Ā£40,000 Ā£38,000
Financial Analyst Ā£30,000 ā€“ Ā£40,000 Ā£37,000
Accountant / Finance Assistant Ā£25,000 ā€“ Ā£32,000 Ā£29,500
Payroll Manager / Supervisor Ā£20,000 ā€“ Ā£30,000 Ā£27,000
North East Salary Survey 2015 27
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
BasicSalary(Ā£)
Job Title
hr
director
head
ofhr
hr
business
partner
hr
m
anager
hr
advisor
hr
officer
hr
assistanthr
adm
inistrator
4.3 Human Resources
Job Title Range Average Basic Salary
HR Director Ā£55,000 ā€“ Ā£100,000+ Ā£80,000
Head of HR Ā£45,000 ā€“ Ā£90,000 Ā£60,000
HR Business Partner Ā£30,000 ā€“ Ā£50,000 Ā£47,000
HR Manager Ā£20,000 ā€“ Ā£70,000 Ā£45,000
HR Advisor Ā£25,000 ā€“ Ā£40,000 Ā£30,000
HR Ofļ¬cer Ā£20,000 ā€“ Ā£50,000 Ā£28,000
HR Assistant Ā£18,000 ā€“ Ā£30,000 Ā£22,000
HR Adminsitrator Ā£18,000 ā€“ Ā£40,000 Ā£20,000
28 North East Salary Survey 2015
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
BasicSalary(Ā£)
100,000
Job Title
it
directorhead
ofis
program
m
e
m
anager
lead
developer
it
project
m
anagerit
m
anager
business
analyst
netw
ork
m
anager
softw
are
engineerdeveloper
netw
ork
engineer
w
eb
developer
2nd
and
3rd
line
support
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
4.4 Information Technology
Job Title Range Average Basic Salary
IT Director Ā£65,000 ā€“ Ā£130,000 Ā£100,000
Head of IS Ā£50,000 ā€“ Ā£100,000 Ā£82,000
Programme Manager Ā£50,000 ā€“ Ā£80,000 Ā£70,000
Lead Developer Ā£30,000 ā€“ Ā£90,000 Ā£48,000
Business Analyst Ā£28,000 ā€“ Ā£60,000 Ā£48,000
IT Project Manager Ā£30,000 ā€“ Ā£80,000 Ā£45,000
IT Manager Ā£30,000 ā€“ Ā£80,000 Ā£45,000
Network Manager Ā£33,000 ā€“ Ā£52,000 Ā£43,000
Software Engineer Ā£20,000 ā€“ Ā£50,000 Ā£37,000
Developer Ā£25,000 ā€“ Ā£60,000 Ā£37,000
Web Developer Ā£24,000 ā€“ Ā£35,000 Ā£32,000
Network Engineer Ā£25,000 ā€“ Ā£40,000 Ā£30,000
2nd and 3rd Line Support Ā£22,000 ā€“ Ā£35,000 Ā£27,000
North East Salary Survey 2015 29
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
BasicSalary(Ā£)
Job Title
operations
director
general/plant
m
anager
m
anufacturing
engineering
m
anager
operations
m
anager
chem
icalengineer
continuous
im
provem
ent
m
anager
technicalm
anager
production
m
anager
quality
m
anager
m
aintenance
m
anager
m
aintenance
engineer/technicianr&d
scientist/chem
ist
m
anufacturing
engineer
quality
engineer/technician
4.5 Manufacturing
Job Title Range Average Basic Salary
Operations Director Ā£40,000 ā€“ Ā£100,000+ Ā£95,500
General / Plant Manager Ā£40,000 ā€“ Ā£90,000 Ā£76,500
Manufacturing Engineering Manager Ā£30,000 ā€“ Ā£70,000 Ā£58,000
Operations Manager Ā£30,000 ā€“ Ā£80,000 Ā£53,000
Chemical Engineer Ā£45,000 ā€“ Ā£55,000 Ā£48,000
Continuous Improvement Manager Ā£30,000 ā€“ Ā£60,000 Ā£47,500
Technical Manager Ā£30,000 ā€“ Ā£80,000 Ā£46,500
Production Manager Ā£30,000 ā€“ Ā£70,000 Ā£44,500
Quality Manager Ā£30,000 ā€“ Ā£70,000 Ā£44,500
Maintenance Manager Ā£35,000 ā€“ Ā£50,000 Ā£44,500
Manufacturing Engineer Ā£20,000 ā€“ Ā£50,000 Ā£39,000
Maintenance Engineer/Technician Ā£26,000 ā€“ Ā£40,000 Ā£36,000
Quality Engineer/Technician Ā£25,000 ā€“ Ā£40,000 Ā£35,000
R&D Scientist/Chemist Ā£20,000 ā€“ Ā£40,000 Ā£32,000
30 North East Salary Survey 2015
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
BasicSalary(Ā£)
Job Title
supply
chain
directorsupply
chain
m
anagerpurchasing
m
anager
logistics
m
anagerw
arehouse
m
anagersenior
buyer/buyersupply
chain
planner
4.6 Supply Chain
Job Title Range Average Basic Salary
Supply Chain Director Ā£70,000 ā€“ Ā£100,000+ Ā£90,000
Supply Chain Manager Ā£40,000 ā€“ Ā£70,000 Ā£59,000
Purchasing Manager Ā£30,000 ā€“ Ā£70,000 Ā£46,500
Logistics Manager Ā£30,000 ā€“ Ā£70,000 Ā£44,500
Warehouse Manager Ā£20,000 ā€“ Ā£60,000 Ā£42,500
Senior Buyer/Buyer Ā£20,000 ā€“ Ā£50,000 Ā£37,000
Supply Chain Planner Ā£20,000 ā€“ Ā£40,000 Ā£34,000
North East Salary Survey 2015 31
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
BasicSalary(Ā£)
Job Title
engineering
director/lead
principal/senior
engineer
project
m
anager
design
engineer
4.7 Engineering
Job Title Range Average Basic Salary
Engineering Director/Lead Ā£70,000 ā€“ Ā£120,000+ Ā£95,500
Principal/Senior Engineer Ā£50,000 ā€“ Ā£80,000 Ā£69,000
Project Manager Ā£40,000 ā€“ Ā£70,000 Ā£67,000
Design Engineer Ā£20,000 ā€“ Ā£60,000 Ā£36,000
32 North East Salary Survey 2015
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
BasicSalary(Ā£)
Job Title
m
arketing
director
head
ofm
arketing
category
m
anager
senior
m
arketing
m
anager
product
m
anager
senior
brand
m
anager
m
arketing
m
anager
digitalm
arketing
m
anager
brand
m
anager
m
arketing
officer
m
arketing
executive
4.8 Marketing
Job Title Range Average Basic Salary
Marketing Director Ā£50,000 ā€“ Ā£100,000+ Ā£90,000
Head of Marketing Ā£50,000 ā€“ Ā£100,000 Ā£58,000
Category Manager Ā£30,000 ā€“ Ā£79,000 Ā£47,500
Product Manager Ā£30,000 ā€“ Ā£60,000 Ā£44,500
Senior Marketing Manager Ā£30,000 ā€“ Ā£100,000 Ā£44,000
Marketing Manager Ā£30,000 ā€“ Ā£80,000 Ā£42,500
Senior Brand Manager Ā£30,000 ā€“ Ā£50,000 Ā£42,000
Digital Marketing Manager Ā£20,000 ā€“ Ā£50,000 Ā£37,000
Brand Manager Ā£20,000 ā€“ Ā£60,000 Ā£36,000
Marketing Ofļ¬cer Ā£20,000 ā€“ Ā£30,000 Ā£27,000
Marketing Executive Ā£20,000 ā€“ Ā£30,000 Ā£27,000
North East Salary Survey 2015 33
Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should
therefore only be used as a guide. For further information on your recruitment needs or on a particular role
within this discipline, please contact one of our consultants on 0191 222 0770.
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
BasicSalary(Ā£)
Job Title
sales
director
com
m
ercialdirector
head
ofsales
business
developm
ent
director
senior
nationalaccount
m
anager
business
m
anager
key
account
m
anager
nationalaccount
m
anager
sales
m
anager
com
m
ercialm
anager
business
developm
ent
m
anager
area
sales
m
anager
ecom
m
erce
m
anager
account
m
anager
business
developm
ent
executive
sales
executive
4.9 Sales
Job Title Range Average Basic Salary
Sales Director Ā£50,000 ā€“ Ā£100,000+ Ā£82,000
Commercial Director Ā£50,000 ā€“ Ā£100,000+ Ā£76,000
Head of Sales Ā£30,000 ā€“ Ā£80,000 Ā£69,000
Business Development Director Ā£40,000 ā€“ Ā£100,000 Ā£66,000
Senior National Account Manager Ā£30,000 ā€“ Ā£70,000 Ā£55,000
Business Manager Ā£30,000 ā€“ Ā£60,000 Ā£54,000
Key Account Manager Ā£20,000 ā€“ Ā£60,000 Ā£44,500
National Account Manager Ā£20,000 ā€“ Ā£60,000 Ā£44,500
Sales Manager Ā£20,000 ā€“ Ā£80,000 Ā£41,500
Commercial Manager Ā£30,000 ā€“ Ā£60,000 Ā£40,500
Business Development Manager Ā£20,000 ā€“ Ā£50,000 Ā£40,500
Area Sales Manager Ā£20,000 ā€“ Ā£50,000 Ā£37,000
Ecommerce Manager Ā£30,000 ā€“ Ā£40,000 Ā£37,000
Account Manager Ā£20,000 ā€“ Ā£29,000 Ā£29,000
Business Development Executive Ā£20,000 ā€“ Ā£29,000 Ā£28,000
Sales Executive Ā£20,000 ā€“ Ā£40,000 Ā£27,000
34 North East Salary Survey 2015
For more information on the North East Salary Survey 2015, please
contact the Marketing department at Nigel Wright Recruitment on
the details below:
Nigel Wright Recruitment
Lloyds Court
78 Grey Street
Newcastle upon Tyne
NE1 6AF
T: +44 (0)191 222 0770
E: creative@nigelwright.com
W: www.nigelwright.com
Contact details
NEWCASTLE UPON TYNE
LLOYDS COURT
78 GREY STREET
NEWCASTLE UPON TYNE
NE1 6AF
T: +44 (0)191 222 0770
LONDON
PALLADIA CENTRAL COURT
25 SOUTHAMPTON BUILDINGS
LONDON
WC2A 1AL
T: +44 (0)207 405 3921
ABERDEEN
RIVERSIDE HOUSE
RIVERSIDE DRIVE
ABERDEEN
AB11 7LH
SCOTLAND
T: +44 (0)1224 224 830
COPENHAGEN
HAVNEGADE 39
1058 COPENHAGEN K
DENMARK
T: +45 7027 8601
AARHUS
INGE LEHMANNS GADE 10, 6. SAL
8000 AARHUS C
DENMARK
T: +45 7027 8601
STOCKHOLM
GREV TUREGATAN 3, 4 TR
114 46 STOCKHOLM
SWEDEN
T: +46 (0)8 400 264 35
MALMƖ
KƄRLEKSGATAN 2A
211 45 MALMƖ
SWEDEN
T: +46 (0)8 400 264 35
OSLO
DRONNINGEUFEMIAS GATE 16
0191 OSLO
NORWAY
T: +47 238 97 773
HELSINKI
BULEVARDI STREET 7
00120 HELSINKI
FINLAND
T: +45 7027 8601
PARIS
29 RUE DE BASSANO
75008 PARIS
FRANCE
T: +33 1 76 73 29 80
DƜSSELDORF
GRAF-ADOLF PLATZ 15
40213 DƜSSELDORF
GERMANY
T: +49 211 882 42 364
MADRID
PALACIO DE MIRAFLORES
CARRERA DE SAN JERƓNIMO, 15 - 2ĀŖ
28014 MADRID
SPAIN
T: +34 91 788 3172
North East Salary Survey 2015
North East Salary Survey 2015

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North East Salary Survey 2015

  • 1. North East Salary Survey 2015 What are you worth?
  • 2.
  • 3. Welcome to the 2015 edition of the Nigel Wright Recruitment North East Salary Survey. As a company that is at the core of recruitment in the region, it is essential that we acknowledge market movements and understand the effects these changes have on employment and the overall business environment. Due to the effect that these ļ¬‚uctuations will ultimately have on any companyā€™s recruitment strategy, we see it as essential to provide our clients with the most up-to-date information available. Introduction The information in this survey has been gathered from over 1000 respondents who completed our online survey in the last quarter of 2014/2015, as well as data from our own extensive database of candidates. This provides us with a large data-set allowing us to understand in more depth the average salary and the type of beneļ¬ts people receive within the North East. Other factors include what beneļ¬ts people see as an important part of their remuneration package and the reasons why people move jobs internally or externally, as well as the methods that they utilise to search for a new job. We hope that the results presented within the general overview and discipline speciļ¬c information will be of interest. For further information and advice please contact one of our consultants specialising in your speciļ¬c discipline on 0191 222 0770. About Nigel Wright Recruitment Since its formation in the 1980s, Nigel Wright Group has become a leading name in the recruitment industry across Europe. Nigel Wright consultants solve business problems for clients every day through the provision of effective recruitment solutions. The business has grown from being a specialist recruiter in the ļ¬nance sector to covering a full range of disciplines in a number of different industry sectors. Currently, we have nine ofļ¬ces from which to support our growing client base; each ofļ¬ce supports either our consumer, energy, executive or recruitment business units. Our current locations are: Newcastle, London, Aberdeen, Copenhagen, Dusseldorf, Madrid, Oslo, Paris and Stockholm. Nigel Wright Recruitment is a specialist UK division focusing on a broad range of professional disciplines and industry sectors for local, national and international businesses. The teams are able to handle executive and senior management roles, through to junior and entry level for permanent, temporary, interim and contract roles. We also serve the following key industry sectors: Industrial and Manufacturing, Consumer, Business and Professional services, Public and Third Sectors, Scientiļ¬c, Built Environment and Digital and Creative and cover the following disciplines; sales, marketing, engineering, manufacturing, supply chain and procurement, ļ¬nance and accountancy, information technology, human resources, executive and NEDs. Nigel Wright Recruitmentā€™s specialist consultants are committed to delivering a quality service; most have an industry background and will have experience of dealing with key companies in your sector. This depth of knowledge and expertise ensures that the professional and unique service offered to our clients and candidates is second to none.
  • 4. 04 North East Salary Survey 2015 Contents 1. Executive summary 05 2. Non-monetary indicators 08 2.1 Weekly hours worked by sector 08 2.2 Job satisfaction by job level 09 2.3 Job satisfaction by discipline 10 2.4 Job satisfaction by gender 11 2.5 Factors inļ¬‚uencing a change of roles 12 2.6 Methods used to search for a new role 13 3. Salary, beneļ¬ts and bonuses 14 3.1 Basic salary (Ā£) excluding beneļ¬ts or bonus by type of employment 15 3.2 Basic daily rate (Ā£) non permanent employment 16 3.3 Basic salary (Ā£) excluding beneļ¬ts or bonus by generic job title 17 3.4 Basic salary (Ā£) excluding beneļ¬ts or bonuses by generic job title and gender 18 3.5 Average percentage of salary increase received and expected by generic job title 19 3.6 Importance of beneļ¬ts as part of a remuneration package 20 3.7 Importance of beneļ¬ts as part of a remuneration package by gender 21 4. Analysis of salaries in relation to discipline 22 4.1 Executive/Board level 23 4.2 Finance and Accountancy 26 4.3 Human Resources 27 4.4 Information Technology 28 4.5 Manufacturing 29 4.6 Supply Chain 30 4.7 Engineering 31 4.8 Marketing 32 4.9 Sales 33 5. Contact details 34
  • 5. North East Salary Survey 2015 05 Respondentā€™s Proļ¬le COMPANY AND EMPLOYEE PROFILE The majority of respondents (57%) are employed by companies or organisations with less than 1000 employees. 24% work for companies and/or organisations with more than 5000 employees. 41% are employed by companies or organisations with a turnover greater than Ā£40 million. 20% work for companies or organisations with a turnover in excess of Ā£500 million. In the main, respondents work in the industrial and manufacturing (35%) and business support and professional services (31%) sectors. Followed by the public and third sectors (13%), consumer (8%) and digital and creative (8%). 1. Executive summary Male: 71% Female: 29% BASE: 1000+ PLUS REGISTERED NORTH EAST Average age: 42 96% Work in full time employment 75% Are educated to degree level or above 29% Hold a professional qualiļ¬cation such as CIM, IPD, and ACA etc
  • 6. 06 North East Salary Survey 2015 WORK HISTORY AND JOB SATISFACTION 48% of respondents have worked for their current employer between 1 and 5 years. 12% have been with the same company for more than 10 years and 21% less than twelve months. The majority (50%) of respondents have been in their current role for less than two years. 17% have been fulļ¬lling the same role for more than ļ¬ve years while 27% have been in their role for less than 12 months. On average, respondents work 43 hours per week. The majority of respondents were either satisļ¬ed (33%) or moderately satisļ¬ed (18%) with their current job. Only 12% described themselves are very satisļ¬ed with 6% feeling very dissatisļ¬ed. BASIC SALARY, EXCLUDING BENEFITS AND BONUSES As part of their last salary review respondents received, on average, a 3% increase. Overall, respondents were expecting slightly less in their next salary review, with the average increase expected, falling to 2.6%. The gap between male and female salaries increased again by 1% to 12%, which is above the national average of 9.4%. The majority of respondents were either satisļ¬ed (25%) or moderately satisļ¬ed (32%) with their current remuneration. 14% claimed to be very satisļ¬ed while only 4% indicated they are very dissatisļ¬ed. JOB SEEKING AND JOB CHANGING 70% of respondents in permanent employment would use Nigel Wright Recruitmentā€™s website to search for a new job. This was followed by other recruitment consultancies (47%) and direct approaches to employers (44%). 49% use online job boards while 36% use social networking sites. Respondents in non permanent employment rely more on online job boards (70%). Nigel Wright Recruitmentā€™s website (46%) as well as other recruitment consultancies (52%) and direct approaches (39%), were also important. Increased remuneration, promotion and new challenges would be the most important factors for respondents, when looking to change jobs.
  • 7. North East Salary Survey 2015 07 BENEFITS 71% of respondents working in permanent employment receive some form of company beneļ¬t or bonus as part of their remuneration package. Pension 33% have held their company pension fund for up to three years, with employers contributing 7% on average, and respondents personally contributing 5%. Car allowance or loan 29% of respondents working in permanent employment are entitled to a car allowance or loan, with an average value of Ā£7,000. Childcare allowance 50% of respondents working in permanent employment are entitled to a childcare allowance, however only 5% claim it. The average being Ā£1,800 per year. Annual leave The majority of respondents working in permanent employment (55%) are entitled to between 21 and 25 days of leave per year. 37% take more than 25 days leave every year. Healthcare 44% of respondents working in permanent employment are entitled to healthcare with 21% receiving cover for both themselves and family members. Importance of beneļ¬ts Respondents working in permanent employment felt that the three most important employer beneļ¬ts as part of a remuneration package were an employer contributory pension (59%), ļ¬‚exible working (54%) and holiday entitlement (50%). A personal bonus (42%) was also rated highly. BONUS 21% of respondents working in permanent employment receive both a company and personal bonus. 3% of those also receive a guaranteed bonus. Guaranteed bonus 8% of respondents working in permanent employment receive a guaranteed bonus as part of their remuneration package, the average being 7%. Company performance related bonus 46% of respondents working in permanent employment receive a company performance related bonus as part of their remuneration package, the average being 8%. Personal performance related bonus 27% of respondents working in permanent employment receive a personal performance related bonus as part of their remuneration package, the average being 10%.
  • 8. 08 North East Salary Survey 2015 2. Non-monetary indicators 2.1 Weekly hours worked by sector This section presents information from respondents from all disciplines and levels, on their working hours, levels of satisfaction and the factors that motivate them to change roles. On average, respondents work 43 hours per week. The majority (47%) of respondents work between 36 and 40 hours per week. Thirty ļ¬ve per cent of respondents work between 41 and 50 hours per week and a further 11% work over 50 hours per week. On average, employees in the consumer and industrial and manufacturing and sectors work slightly longer hours per week. 37 38 39 40 41 42 43 44 45 46 consum er industrialand m anufacturing digitaland creative business support and professionalservices public and third sector Sector Avg.No.Hours 2.1 ā€“ Average number of hours worked per week
  • 9. North East Salary Survey 2015 09 Respondents were asked to rate their level of job satisfaction on the following ļ¬ve-point scale: 1 = very dissatisļ¬ed 2 = moderately dissatisļ¬ed 3 = satisļ¬ed 4 = moderately satisļ¬ed 5 = very satisļ¬ed. The results show a fairly satisļ¬ed workforce in the UK overall. Although there are variations between the strength of respondentsā€™ satisfaction, over 72% of respondents at each level of their organisations rated themselves as being between satisļ¬ed and very satisļ¬ed. 0 5 10 15 20 25 30 35 40 very satisfied moderately satisfied satisfied moderately dissatisfied very dissatisfied Level of satisfaction %ofrespondents executive management non management 2.2 Job satisfaction by job level 2.2 ā€“ Job satisfaction by job level
  • 10. 10 North East Salary Survey 2015 Executive = Board level Commercial = Sales, Marketing & Business Development Operations = Engineering, Supply Chain & Manufacturing Support Services = HR, IT & Finance Below executive level, those working in support services roles are the least satisļ¬ed. HR, IT & Finance professionals, on average, were between 2-5% less satisļ¬ed, on average, that those working in either operations or commercial roles. 0 5 10 15 20 25 30 35 40 very satisfied moderately satisfied satisfied moderately dissatisfied very dissatisfied Level of satisfaction %ofrespondents executive commercial operations support services Respondents were asked to rate their level of job satisfaction on the following ļ¬ve-point scale: 1 = very dissatisļ¬ed 2 = moderately dissatisļ¬ed 3 = satisļ¬ed 4 = moderately satisļ¬ed 5 = very satisļ¬ed 2.3 Job satisfaction by discipline 2.3 ā€“ Job satisfaction by discipline
  • 11. North East Salary Survey 2015 11 0 5 10 15 20 25 30 35 40 very satisfied moderately satisfied satisfied moderately dissatisfied very dissatisfied Level of satisfaction %ofrespondents men women The results show that men are more satisļ¬ed in their current job than women, with 78% of men rating themselves satisļ¬ed to very satisļ¬ed, compared with 72% of women. Respondents were asked to rate their level of job satisfaction on the following ļ¬ve-point scale: 1 = very dissatisļ¬ed 2 = moderately dissatisļ¬ed 3 = satisļ¬ed 4 = moderately satisļ¬ed 5 = very satisļ¬ed 2.4 Job satisfaction by gender 2.4 ā€“ Job satisfaction by gender
  • 12. 12 North East Salary Survey 2015 Respondents were asked to select the top three factors that would motivate them to change jobs, both within their current company (internally) and to another organisation (externally). It is perhaps no surprise that the three most popular inļ¬‚uencing factors are quite closely linked ā€“ one leading to the other in most cases. These were increased remuneration, new challenges and promotion. 0 10 20 30 40 50 60 70 80 Factor %ofrespondents internal external change discipline change location different environm ent/culture flexible w orking achieve an im proved w ork-life balance gain new skills prom otion new challenges increased rem uneration 2.5 Factors inļ¬‚uencing a change of roles 2.5 ā€“ Factors inļ¬‚uencing a change of roles
  • 13. North East Salary Survey 2015 13 Respondents were asked to select all methods that they would utilise when looking for a new role. As the respondents surveyed were mainly people already known to Nigel Wright Recruitment, it is no surprise that within the top three methods were our website and using a recruitment consultancy. Social networking is also an increasingly important method for job seekers. Using Social Networking sites to identify job opportunities now surpasses the use of traditional media such as newspapers and magazines. 0 10 20 30 40 50 60 70 80 Method %ofrespondents permanent non permanent nigelw right recruitm ent w ebsite direct approaches to em ployers other recruitm ent consultancies online job boards socialnetw orking sites internalbulletin boards/em ployer intranets regionalor localnew spaperstrade m agazines other 2.6 Methods used to search for a new role 2.6 ā€“ Methods used to search for a new role
  • 14. North East Salary Survey 2015 Salary, beneļ¬ts and bonuses
  • 15. North East Salary Survey 2015 15 This section presents information from respondents from all disciplines and levels on their salary, beneļ¬ts and bonuses. Salaries have increased, on average, by 3% during the last 12 months. This is in line with expectations outlined in last yearā€™s report and a clear indication of improving market conditions. 0 5 10 15 20 25 Basic Salary (Ā£) %ofrespondents permanent non permanent less than Ā£19,999 Ā£20,000 ā€“ Ā£29,999Ā£30,000 ā€“ Ā£39,999 Ā£40,000 ā€“ Ā£49,999 Ā£50,000 ā€“ Ā£59,999 Ā£60,000 ā€“ Ā£69,999 Ā£70,000 ā€“ Ā£79,999 Ā£80,000 ā€“ Ā£89,999 Ā£90,000 ā€“ Ā£99,999 Ā£100,000 or m ore 3.1 Basic salary (Ā£) excluding beneļ¬ts or bonus by type of employment 3.1 ā€“ Basic salary (Ā£) excluding beneļ¬ts or bonus by type of employment
  • 16. 16 North East Salary Survey 2015 The average basic daily rate for respondents working in non-permanent employment is Ā£320. Interim candidates (Ā£345) on average tend to earn more followed by contractors (Ā£330) and temps (Ā£160). Nigel Wright Recruitment interim candidates are typically IT executives or CEOs of SMEs. Our temp candidates, in the main, are HR, Sales and Marketing professionals whereas our contractors tend to work in Finance, IT and Operations across all levels. Daily Rate (Ā£) %ofrespondents interim contract temp 0 5 10 15 20 25 30 35 40 >Ā£74 Ā£75ā€“ Ā£119 Ā£120 ā€“ Ā£149 Ā£150 ā€“ Ā£199 Ā£200 ā€“ Ā£299 Ā£300 ā€“ Ā£349 Ā£350 ā€“ Ā£399 Ā£400 ā€“ Ā£499 Ā£500+ 3.2 Basic daily rate (Ā£) āˆ’ non permanent employment 3.2 ā€“ Basic daily rate (Ā£) non permanent employment
  • 17. North East Salary Survey 2015 17 These results highlight the differences in salaries received by respondents fulļ¬lling different, generic roles, within their companies and/or organisations. A more detailed analysis of job titles in relation to function start at page 19. The average CEO salary was Ā£175,000 followed by Managing Directors at Ā£105,000. On average, Directors are earning Ā£85,000 whereas functional Heads or Controllers earn Ā£65,000. Senior Managers earn on average, Ā£60,000 compared to Managers who earn Ā£45,000. As part of the survey, each respondent was asked to select the job title closest to their own. These results, therefore, should only be used as a guide. 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 BasicSalary(Ā£) Job Title ceo m anaging director director head/controller senior m anager m anager consultant developer analyst executive adm inistrator assistant 3.3 Basic salary (Ā£) excluding beneļ¬ts or bonus by generic job title 3.3 ā€“ Basic salary (Ā£) excluding beneļ¬ts or bonus by generic job title
  • 18. 18 North East Salary Survey 2015 The majority (71%) of respondents are male and this should be taken into consideration when assessing these results. The results do highlight, however, an enduring pay gap between men and woman. The gap between male and female salaries increased again by 1% to 12%, which is above the national average of 9.4%. The difference is particularly apparent at the executive level, where the pay gap between men and woman tends to be higher. 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 200,000 BasicSalary(Ā£) 180,000 Job Title ceo m anaging director director head/controller senior m anager m anager consultant developer analyst executive adm inistrator assistant men women 3.4 Basic salary (Ā£) excluding beneļ¬ts or bonuses by generic job title and gender 3.4 ā€“ Basic salary (Ā£) excluding beneļ¬ts or bonuses by generic job title and gender
  • 19. North East Salary Survey 2015 19 As part of their last salary review respondents received, on average, a 3.0% increase. Overall, respondents were expecting slightly less in their next salary review, with the average increase expected at 2.6%. The majority (64%) of respondents received between 1% and 5% in their last review and 74% expect to receive between 1% and 5% in their next review. 0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 %ofsalaryincrease Job Title ceo m anaging director director head/controller senior m anager m anagerconsultant developer analyst executive adm inistrator assistant received expected 3.5 Average percentage of salary increase received and expected by generic job title 3.5 ā€“ Average percentage of salary increase received and expected by generic job title
  • 20. 20 North East Salary Survey 2015 71% of respondents receive some form of company beneļ¬t or bonus as part of their remuneration package. Respondents felt that the three most important employer beneļ¬ts as part of a remuneration package were an employer contributory pension (59%), ļ¬‚exible working (54%) and holiday entitlement (51%). Child care (4%) and career breaks (2%) were considered the least important beneļ¬ts. 0 10 20 30 40 50 60 Type of benefit %ofrespondents em ployer contributory pension holiday entitlem ent flexible w orking bonus ā€“ personal bonus ā€“ com pany perform ance health insurance car allow ance com pany car and petrol share options non-contributory pension com pany car w ithout petrol career breaks/sabbaticals childcare allow ances 3.6 Importance of beneļ¬ts as part of a remuneration package 3.6 ā€“ Importance of beneļ¬ts as part of a remuneration package
  • 21. North East Salary Survey 2015 21 For men and woman an Employer contributory pension is considered to be the most important beneļ¬t in an overall remuneration package, followed by ļ¬‚exible working and holiday entitlement. Men tend to value bonuses, car allowances and share options as important factors in their overall beneļ¬ts package. Woman value ļ¬‚exible working and holidays more so than those factors. 0 10 20 30 40 50 60 70 Type of benefit %ofrespondents em ployer contributory pension holiday entitlem ent flexible w orking bonus ā€“ personal bonus ā€“ com pany perform ance health insurance car allow ance com pany car and petrol com pany car w ithout petrol share options non-contributory pension career breaks/sabbaticals childcare allow ances men women 3.7 Importance of beneļ¬ts as part of a remuneration package by gender 3.7 ā€“ Importance of beneļ¬ts as part of a remuneration package by gender
  • 22. North East Salary Survey 2015 Analysis of salaries in relation to discipline
  • 23. North East Salary Survey 2015 23 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 BasicSalary(Ā£) Job Title ceo coo/m anaging director non executive director Job Title Range Average Basic Salary CEO Ā£100,000 ā€“ Ā£180,000+ Ā£175,000 COO/Managing Director Ā£80,000 ā€“ Ā£120,000+ Ā£105,000 Non Executive Director Ā£5,000 ā€“ Ā£50,000+ Ā£12,500 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 4.1 Executive/Board level *Public sector and not for proļ¬t NEDs salaries range from between Ā£5,000 and Ā£15,000, the majority of which fall at the bottom end of the range. Private sector NED salaries, on the other hand, range from between Ā£20,000 and Ā£50,000 depending on ownership (i.e. Private Equity). PLC NEDs also earn more than those employed in privately owned businesses.
  • 24. 24 North East Salary Survey 2015 BASIC SALARY, EXCLUDING BENEFITS The average basic salary, excluding beneļ¬ts, at executive/board level is Ā£110,000 with the average daily rate for a non-permanent executive, Ā£530. 53% of respondents are either satisļ¬ed or moderately satisļ¬ed with their current remuneration. 29% are very satisļ¬ed and only 3% of respondents are very dissatisļ¬ed. SALARY INCREASE RECEIVED AND EXPECTED 59% of respondents at executive and board level received between a 1% and 5% increase in their last salary review. 71% were expecting to receive the same percentage value as part of their next review. BENEFITS At executive and board level, 85% of respondents receive some form of company beneļ¬t or bonus as part of their remuneration package. Car allowance 45% of respondents at executive and board level are entitled to a car allowance or loan. Fifty percent of those receive between Ā£6,000 and Ā£15,000 with 15% receiving more than Ā£25,000. Childcare allowance 79% of executive and board level respondents are entitled to a childcare allowance of which only 3% actually claim it. Annual leave 36% of executive and board level respondents take between 21 and 25 days leave per year. 60% take more than 25 days. Healthcare 59% of executive and board level respondents are entitled to a healthcare allowance of which 65% have cover that includes themselves and family members. Pension 97% of executive and board level respondents are entitled to an employer pension fund. 44% have been paying into the fund for up to ļ¬ve years, with 21% for less than a year. 48% receive over 7% contributions from their employer. 13% receive in excess of an 11% contribution for their employer. Typically, executive and board level respondents will contribute between 6% and 10% into their company pension fund.
  • 25. North East Salary Survey 2015 25 BONUSES Guaranteed bonus 7% of respondents at executive and board level receive a guaranteed bonus. This ranged from between 6% and 20%. Company performance related bonus 72% of respondents at executive and board level receive a company performance related bonus. 24% received between 6% and 20% in their last bonus and 43% are expecting to receive between 21% and 40% in their next bonus. Personal performance related bonus 45% of respondents at executive and board level receive a personal performance related bonus. 23% received between 6% and 20% in their last bonus and 38% are expecting to receive between 6% and 20% in their next bonus. VIEWS Skills shortages At executive and board level, respondents highlighted that commercial acumen (74%), having the right personality (65%) and communication skills (32%) were the three key attributes that people often lack at the top. Qualities required to be successful To be successful at executive and board level, in the main, respondents indicated that a mix of good communication skills (88%), being ļ¬‚exible and adaptable (79%) and having professional knowledge (73%) were essential. Importance of beneļ¬ts Respondents at executive and board level considered an employer contributory pension (56%), ļ¬‚exible working (44%) and a personal bonus (41%) to be the three most important beneļ¬ts.
  • 26. 26 North East Salary Survey 2015 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. We are also able to provide detailed information regarding salaries within the accountancy profession in the North East region. However, due to the variance in salaries across the differing size of ļ¬rms, and the different services lines therein, it would be inappropriate to give an average ļ¬gure by job title. For a discussion regarding salaries and associated beneļ¬ts within the accountancy profession please contact Alistair Westwood, our specialist in that ļ¬eld, on 0191 269 0708. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 BasicSalary(Ā£) Job Title finance director head offinance/controllerfinance m anager finance business partner financialaccountant m anagem ent accountantfinancialanalyst accountant/finance assistant payrollm anager/supervisor 4.2 Finance and Accountancy Job Title Range Average Basic Salary Finance Director Ā£40,000 ā€“ Ā£100,000+ Ā£84,000 Head Of Finance / Controller Ā£50,000 ā€“ Ā£80,000+ Ā£58,500 Finance Manager Ā£45,000 ā€“ Ā£80,000 Ā£51,000 Finance Business Partner Ā£45,000 ā€“ Ā£70,000 Ā£47,000 Financial Accountant Ā£35,000 ā€“ Ā£40,000 Ā£40,000 Management Accountant Ā£32,000 ā€“ Ā£40,000 Ā£38,000 Financial Analyst Ā£30,000 ā€“ Ā£40,000 Ā£37,000 Accountant / Finance Assistant Ā£25,000 ā€“ Ā£32,000 Ā£29,500 Payroll Manager / Supervisor Ā£20,000 ā€“ Ā£30,000 Ā£27,000
  • 27. North East Salary Survey 2015 27 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 BasicSalary(Ā£) Job Title hr director head ofhr hr business partner hr m anager hr advisor hr officer hr assistanthr adm inistrator 4.3 Human Resources Job Title Range Average Basic Salary HR Director Ā£55,000 ā€“ Ā£100,000+ Ā£80,000 Head of HR Ā£45,000 ā€“ Ā£90,000 Ā£60,000 HR Business Partner Ā£30,000 ā€“ Ā£50,000 Ā£47,000 HR Manager Ā£20,000 ā€“ Ā£70,000 Ā£45,000 HR Advisor Ā£25,000 ā€“ Ā£40,000 Ā£30,000 HR Ofļ¬cer Ā£20,000 ā€“ Ā£50,000 Ā£28,000 HR Assistant Ā£18,000 ā€“ Ā£30,000 Ā£22,000 HR Adminsitrator Ā£18,000 ā€“ Ā£40,000 Ā£20,000
  • 28. 28 North East Salary Survey 2015 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 BasicSalary(Ā£) 100,000 Job Title it directorhead ofis program m e m anager lead developer it project m anagerit m anager business analyst netw ork m anager softw are engineerdeveloper netw ork engineer w eb developer 2nd and 3rd line support Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 4.4 Information Technology Job Title Range Average Basic Salary IT Director Ā£65,000 ā€“ Ā£130,000 Ā£100,000 Head of IS Ā£50,000 ā€“ Ā£100,000 Ā£82,000 Programme Manager Ā£50,000 ā€“ Ā£80,000 Ā£70,000 Lead Developer Ā£30,000 ā€“ Ā£90,000 Ā£48,000 Business Analyst Ā£28,000 ā€“ Ā£60,000 Ā£48,000 IT Project Manager Ā£30,000 ā€“ Ā£80,000 Ā£45,000 IT Manager Ā£30,000 ā€“ Ā£80,000 Ā£45,000 Network Manager Ā£33,000 ā€“ Ā£52,000 Ā£43,000 Software Engineer Ā£20,000 ā€“ Ā£50,000 Ā£37,000 Developer Ā£25,000 ā€“ Ā£60,000 Ā£37,000 Web Developer Ā£24,000 ā€“ Ā£35,000 Ā£32,000 Network Engineer Ā£25,000 ā€“ Ā£40,000 Ā£30,000 2nd and 3rd Line Support Ā£22,000 ā€“ Ā£35,000 Ā£27,000
  • 29. North East Salary Survey 2015 29 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 BasicSalary(Ā£) Job Title operations director general/plant m anager m anufacturing engineering m anager operations m anager chem icalengineer continuous im provem ent m anager technicalm anager production m anager quality m anager m aintenance m anager m aintenance engineer/technicianr&d scientist/chem ist m anufacturing engineer quality engineer/technician 4.5 Manufacturing Job Title Range Average Basic Salary Operations Director Ā£40,000 ā€“ Ā£100,000+ Ā£95,500 General / Plant Manager Ā£40,000 ā€“ Ā£90,000 Ā£76,500 Manufacturing Engineering Manager Ā£30,000 ā€“ Ā£70,000 Ā£58,000 Operations Manager Ā£30,000 ā€“ Ā£80,000 Ā£53,000 Chemical Engineer Ā£45,000 ā€“ Ā£55,000 Ā£48,000 Continuous Improvement Manager Ā£30,000 ā€“ Ā£60,000 Ā£47,500 Technical Manager Ā£30,000 ā€“ Ā£80,000 Ā£46,500 Production Manager Ā£30,000 ā€“ Ā£70,000 Ā£44,500 Quality Manager Ā£30,000 ā€“ Ā£70,000 Ā£44,500 Maintenance Manager Ā£35,000 ā€“ Ā£50,000 Ā£44,500 Manufacturing Engineer Ā£20,000 ā€“ Ā£50,000 Ā£39,000 Maintenance Engineer/Technician Ā£26,000 ā€“ Ā£40,000 Ā£36,000 Quality Engineer/Technician Ā£25,000 ā€“ Ā£40,000 Ā£35,000 R&D Scientist/Chemist Ā£20,000 ā€“ Ā£40,000 Ā£32,000
  • 30. 30 North East Salary Survey 2015 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 BasicSalary(Ā£) Job Title supply chain directorsupply chain m anagerpurchasing m anager logistics m anagerw arehouse m anagersenior buyer/buyersupply chain planner 4.6 Supply Chain Job Title Range Average Basic Salary Supply Chain Director Ā£70,000 ā€“ Ā£100,000+ Ā£90,000 Supply Chain Manager Ā£40,000 ā€“ Ā£70,000 Ā£59,000 Purchasing Manager Ā£30,000 ā€“ Ā£70,000 Ā£46,500 Logistics Manager Ā£30,000 ā€“ Ā£70,000 Ā£44,500 Warehouse Manager Ā£20,000 ā€“ Ā£60,000 Ā£42,500 Senior Buyer/Buyer Ā£20,000 ā€“ Ā£50,000 Ā£37,000 Supply Chain Planner Ā£20,000 ā€“ Ā£40,000 Ā£34,000
  • 31. North East Salary Survey 2015 31 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 BasicSalary(Ā£) Job Title engineering director/lead principal/senior engineer project m anager design engineer 4.7 Engineering Job Title Range Average Basic Salary Engineering Director/Lead Ā£70,000 ā€“ Ā£120,000+ Ā£95,500 Principal/Senior Engineer Ā£50,000 ā€“ Ā£80,000 Ā£69,000 Project Manager Ā£40,000 ā€“ Ā£70,000 Ā£67,000 Design Engineer Ā£20,000 ā€“ Ā£60,000 Ā£36,000
  • 32. 32 North East Salary Survey 2015 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 BasicSalary(Ā£) Job Title m arketing director head ofm arketing category m anager senior m arketing m anager product m anager senior brand m anager m arketing m anager digitalm arketing m anager brand m anager m arketing officer m arketing executive 4.8 Marketing Job Title Range Average Basic Salary Marketing Director Ā£50,000 ā€“ Ā£100,000+ Ā£90,000 Head of Marketing Ā£50,000 ā€“ Ā£100,000 Ā£58,000 Category Manager Ā£30,000 ā€“ Ā£79,000 Ā£47,500 Product Manager Ā£30,000 ā€“ Ā£60,000 Ā£44,500 Senior Marketing Manager Ā£30,000 ā€“ Ā£100,000 Ā£44,000 Marketing Manager Ā£30,000 ā€“ Ā£80,000 Ā£42,500 Senior Brand Manager Ā£30,000 ā€“ Ā£50,000 Ā£42,000 Digital Marketing Manager Ā£20,000 ā€“ Ā£50,000 Ā£37,000 Brand Manager Ā£20,000 ā€“ Ā£60,000 Ā£36,000 Marketing Ofļ¬cer Ā£20,000 ā€“ Ā£30,000 Ā£27,000 Marketing Executive Ā£20,000 ā€“ Ā£30,000 Ā£27,000
  • 33. North East Salary Survey 2015 33 Salary ranges are broad and reļ¬‚ect the wide range of companies within the North East. These results should therefore only be used as a guide. For further information on your recruitment needs or on a particular role within this discipline, please contact one of our consultants on 0191 222 0770. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 BasicSalary(Ā£) Job Title sales director com m ercialdirector head ofsales business developm ent director senior nationalaccount m anager business m anager key account m anager nationalaccount m anager sales m anager com m ercialm anager business developm ent m anager area sales m anager ecom m erce m anager account m anager business developm ent executive sales executive 4.9 Sales Job Title Range Average Basic Salary Sales Director Ā£50,000 ā€“ Ā£100,000+ Ā£82,000 Commercial Director Ā£50,000 ā€“ Ā£100,000+ Ā£76,000 Head of Sales Ā£30,000 ā€“ Ā£80,000 Ā£69,000 Business Development Director Ā£40,000 ā€“ Ā£100,000 Ā£66,000 Senior National Account Manager Ā£30,000 ā€“ Ā£70,000 Ā£55,000 Business Manager Ā£30,000 ā€“ Ā£60,000 Ā£54,000 Key Account Manager Ā£20,000 ā€“ Ā£60,000 Ā£44,500 National Account Manager Ā£20,000 ā€“ Ā£60,000 Ā£44,500 Sales Manager Ā£20,000 ā€“ Ā£80,000 Ā£41,500 Commercial Manager Ā£30,000 ā€“ Ā£60,000 Ā£40,500 Business Development Manager Ā£20,000 ā€“ Ā£50,000 Ā£40,500 Area Sales Manager Ā£20,000 ā€“ Ā£50,000 Ā£37,000 Ecommerce Manager Ā£30,000 ā€“ Ā£40,000 Ā£37,000 Account Manager Ā£20,000 ā€“ Ā£29,000 Ā£29,000 Business Development Executive Ā£20,000 ā€“ Ā£29,000 Ā£28,000 Sales Executive Ā£20,000 ā€“ Ā£40,000 Ā£27,000
  • 34. 34 North East Salary Survey 2015 For more information on the North East Salary Survey 2015, please contact the Marketing department at Nigel Wright Recruitment on the details below: Nigel Wright Recruitment Lloyds Court 78 Grey Street Newcastle upon Tyne NE1 6AF T: +44 (0)191 222 0770 E: creative@nigelwright.com W: www.nigelwright.com Contact details NEWCASTLE UPON TYNE LLOYDS COURT 78 GREY STREET NEWCASTLE UPON TYNE NE1 6AF T: +44 (0)191 222 0770 LONDON PALLADIA CENTRAL COURT 25 SOUTHAMPTON BUILDINGS LONDON WC2A 1AL T: +44 (0)207 405 3921 ABERDEEN RIVERSIDE HOUSE RIVERSIDE DRIVE ABERDEEN AB11 7LH SCOTLAND T: +44 (0)1224 224 830 COPENHAGEN HAVNEGADE 39 1058 COPENHAGEN K DENMARK T: +45 7027 8601 AARHUS INGE LEHMANNS GADE 10, 6. SAL 8000 AARHUS C DENMARK T: +45 7027 8601 STOCKHOLM GREV TUREGATAN 3, 4 TR 114 46 STOCKHOLM SWEDEN T: +46 (0)8 400 264 35 MALMƖ KƄRLEKSGATAN 2A 211 45 MALMƖ SWEDEN T: +46 (0)8 400 264 35 OSLO DRONNINGEUFEMIAS GATE 16 0191 OSLO NORWAY T: +47 238 97 773 HELSINKI BULEVARDI STREET 7 00120 HELSINKI FINLAND T: +45 7027 8601 PARIS 29 RUE DE BASSANO 75008 PARIS FRANCE T: +33 1 76 73 29 80 DƜSSELDORF GRAF-ADOLF PLATZ 15 40213 DƜSSELDORF GERMANY T: +49 211 882 42 364 MADRID PALACIO DE MIRAFLORES CARRERA DE SAN JERƓNIMO, 15 - 2ĀŖ 28014 MADRID SPAIN T: +34 91 788 3172