Page 1

SAL ARIE S & B O N U SE S : A C OM P RE H E N S IV E RE V IE W PR I VAT E W E A LTH M AN AG E M E N T


tions the s added ion?

P R IVATE W E A LT H M A N AG E M E N T Within the Private Wealth Management Space, the average basic salary that respondents received increased 2% between 2012 to 2013, with the majority of respondents’ basic salaries staying the same (55%). Average bonuses also increased 10% within the same time frame, with an increase in bonuses across all levels of seniority except Director Level. Private Wealth Management Professionals were the most pessimistic that bonus prospects will improve next year - only 25% of respondents believed that bonus prospects for next year will improve, with the majority of respondents (50%) thinking that bonus prospects will remain the same.

Global S alary B enchmar ks 2012 basic Salary (€)

Assistant Associate Vice President Director

2012 Bonus (€)

65,000 73,200 98,600 121,200

2013 basic Salary (€)

11,600 10,000 32,600 69,000

70,000 73,900 102,900 124,100

2013 Bonus (€)

21,000 10,700 34,200 63,500

140,000 120,000

Euros

100,000 80,000

2012 Basic Salary

60,000

2012 Bonus

40,000

2013 Basic Salary

20,000

2013 Bonus

0 Assistant

Associate Vice President Level of Seniority

Director

Salary FL U C T UAT I O NS between 2012 and 2013 How satisfied are you with Are bonus calculations your bonus year? fairly reflectivethis of the

How satisfied are you with your bonus this year?

value that employees added 38.5% increased between 2012 and 2013 to your organisation?

32.3% between 2012 and 2013

55.2%

32.3%

6.3%

35.4%

of respondents’ basic salary

of respondents’ bonus increased

How satisfied are you with How satisfied are you with Are bonus calculations your bonus this year? your bonus this year? fairly reflective of thebasic salary stayed of respondents’ of respondents’ bonus stayed the value that employees added the same between 2012 and 2013 Next year bonuses will... same between 2012 and 2013 Next year bonuses to will... your organisation? How satisfied are you with How satisfied are you with Are bonus calculations your bonus this year? your bonus this year? fairly reflective of the of respondents’ bonus decreased of respondents’ basic salary value that employees added between 2012 and 2013 decreased between 2012 and 2013 Next year bonuses will... Next year bonuses will...to your organisation? HowDo satisfied are that you your with u with Do you think that your you think your current totalpackage al overall remuneration package overall remuneration 2 remuneration package? kage? is fair, given the current is fair, given the current market conditions? market conditions? Next year bonuses will... Next year bonuses will...


average salary and bonus by country 2012 basic Salary (€)

All Benelux Switzerland UK Germany

2012 Bonus (€)

126,100 123,100 140,200 108,400 79,300

2013 basic Salary (€)

71,700 43,800 90,600 59,000 16,500

128,900 125,700 144,500 110,403 81,000

2013 Bonus (€)

79,100 61,200 108,900 51,000 24,800

160,000 140,000

Euros

120,000 100,000

2012 Basic Salary

80,000

2012 Bonus

60,000

2013 Basic Salary

40,000

2013 Bonus

20,000 0 All

Benelux

Switzerland Country

UK

Germany

C A N D IDAT E S E NT I M E NT Were bonus calculations fairly reflective of the value that employees added to your organisation?

NO 54.2%

YES

20.8%

How satisfied are you with your current total remuneration package?

Satisfied

25.0%

Indifferent

37.5%

Dissatisfied

37.5%

Next year bonuses will...

How satisfied are you with your bonus this year?

Increase

25.0%

Satisfied

16.7%

Stay the same

50.0%

Indifferent

41.7%

Decrease

25.0%

Dissatisfied

29.2%

Do you think receiving a bonus improves your performance?

Do you think your overall remuneration package is fair, given the current market conditions?

37.5%

80

Y ES

NO

83.3%

8.3%

Y ES

41.7% NO

* Responses of “unsure” or “other” have been excluded from Infographics

3


privatebanking@carltonseniorappointments.com www.carltonseniorappointments.com 0207 078 0510

LONDON

SINGAPORE

NEW YORK

ZURICH

33 King William Street

Samsung Hub

245 Park Avenue

Stockerhof

8th Floor

3 Church Street, #09-02

39th Floor

Dreikoenigstrasse 31 A

London, EC4R 9AS

Singapore 048493

New York, NY 10167

Switzerland, 8002 Zurich

T +44 207 078 0510

T +65 6589 4458

T +1 212 209 7310

T +41 44 2083 680

* In Switzerland, Carlton Senior Appointments operates as a trading style of Phaidon Capital (Schweiz) GmbH.

Private Wealth Management Salary and Bonus Benchmarks 2013  
Read more
Read more
Similar to
Popular now
Just for you