Four decades in management pay: the 2013 National Managers' Salary Survey

Four decades in management pay: the 2013 National Managers' Salary Survey
Document type
White Paper
Corporate author(s)
Chartered Management Institute
Publisher
Chartered Management Institute
Date of publication
1 April 2013
Subject(s)
People management: all aspects of managing people, Management & leadership: including strategy, public sector management, operations and production
Collection
Business and management
Material type
Reports

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Surveying over 40,000 employees across 180 organisations, this survey gives a unique insight into changes in earning power and benefits for managers over the years 1973-2013. It provides comparative data across regions, industry sectors and gender. This short paper summarises results from the full report published by XpertHR. 

This year’s data shows that:

  • Overall, increases remain behind inflation, rising at just 2.6 per cent - below both the consumer and retail price inflation measures of 2.7 and 3.3 per cent reported by the ONS in February 2013. 
  • Directors and CEOs saw rises of 5.3 per cent, when bonuses are taken into account - twice as much as the average manager. 
  • Chief executives are paid up to five times as much as the average manager.

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