SALARY BENCHMARKING 2024
Introduction
COREcruitment is an international recruitment consultancy with a team of over 50 expert consultants covering roles across the service industry, from head office/support roles to FMCG, restaurants, bars, events, venues, tech, I.T., finance, QSR, hotels, leisure, visitor attractions, facilities management…
Our worldwide specialist consultants are based: in the UK (London, Bristol, and the South West), France (Montpellier), South Africa (Cape Town), Canada (Vancouver), the Netherlands (Amsterdam) and the UAE (Dubai).
Our Executive Search/NED division covers senior/director level placements across all sectors within the agency, both at national and global levels as well as supporting relocation searches.
Working within a business, supporting entry level employees through to their CEO, enables us to gain true insight, and we feel, allows businesses to trust in us as recruitment partners. Whether an organisation is looking for director level support positions such as a HR director or a Head of Supply Chain or confidentially recruiting for a new CEO, our search options are flexible and adaptable.
As the industry grows and changes, we are finding that businesses are looking for insight when it comes to salaries and benefits packages, especially for executive level positions.
Our salaries benchmark is a helpful guidance tool based on current information collated during screenings and market research.
General Management | Operations Management
Management | Restaurant Management
Salaried
Human Resources
Marketing
Finance
Corporate Affairs
Supply Chain Management | Purchasing
/ Procurement
Product Development
Quality Management | Other Quality Management Disciplines
Real
Estate Management / Facility Management
Risk Management
Information Technology
Customer Service
Project Management
Business Administration | Secretarial
/ Business Assistance
Benefits packages
Legally mandated benefits
• Minimum wage
• Overtime
• Retirement
• Holiday entitlement
• Holiday pay
• Parental leave
• Sick pay Extra benefits
• Private medical
• Car allowance / company car
• Bonus(es)
• Pension schemes
• Life insurance/income protection
• Cycle to work scheme
• Fully/partial paid public transport
• Sabbatical leave
• Unlimited annual leave
• Flexible working
• 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
• Subsidized annual travel card
Analysis
COREcruitment benchmarking process is being used as a tool, a methodology and a technique for continuous improvements in specific or broad operations to gain and maintain a competitive and fair advantage.
This is a survey of benchmarking practices in the service industry, whose objectives were to document the employment activities in the specific trading area of the client and establish a comparative document.
A cross country and sectional survey is used in this study to collect data from the United Kingdom for the respective employment positions of interest.
This benchmarking survey is in line with the first and second objectives, which are answered in relation to the benchmarking practices in the service industry functions as stipulated in the provided final documents.
The study underlined all required field positions depending on their level of seniority and exclusive of any potential bonuses, equities, shares, or any added benefits that might be offered as part of a probable “salary package”.
The external drivers of change in the compared businesses were each actual company’s and position’s performances.
For the exclusive purpose of any benchmarking exercise, COREcruitment is using action research and performance indicators as the sources of referencing information on benchmarks.
Analysis
The most common types of benchmarking in use are:
Salary comparison on specifically stipulated employment positions
Direct competitors’ comparison related to Prezzo’s operations within the United Kingdom
Potential desired competitors (for talent attraction from other concepts not being direct competitors)
National and international jobs board targeted analytics (factual direct market comparison) including but not limited to:
Caterer, Catererglobal, COREcruitment.com, Facilities Management Journal, Hosco, I-FMJobs, Indeed, JobLookUp, Jobs In Property, Sonic Jobs, Talent Nexus, The Staff Canteen, TipTopJob, TotalJobs, Stepstone Group, Xpat Jons, You Food Job, LinkedIn Jobs, LinkedIn Recruiter, Adzuna, CareerJet, Careers4a, Euro Jobs, Glassdoor, JobFlurry Extra, Talent.com, Vacancy Tree…
COREcruitment’s own database of over 550,000 contacts (for current/previous salary offers)
18+ years of recruitment expertise with a team of 55 field specialist employees: Recruitment Consultants, Senior Consultants, Operational Leads, International Recruiters (UK, France, Netherlands, Canada, USA, South Africa & Middle East), Divisional Director, Managing Director, and Founder/Owner
About this assessment
The scope of the data is national (United Kingdom).
This report reflects the actual salaries being paid to a sample of businesses related to and in direct competition with Prezzo.
It is intended to give an honest and accurate account of compensation level in the specific field.
It is not intended as a nominative description of what salaries ought to be but is aimed at presenting the current salaries in businesses in line with Prezzo's business.
This salary benchmarking survey could not capture the most detailed data on any given positions as COREcruitment have not been given access to competitors’ exact figures on each position’s salary due to the privacy and confidentiality of this data.
COREcruitment are currently exploring ways to more accurately gather a broader, more inclusive range of demographic data from respondents, institutions and businesses throughout the industry we specialise and operate in, the service industry.
The data gathered in these reports will change over time and should not be considered as fixed information.
What’s not in the report
This salary benchmarking survey could not capture the most detailed data on any given positions as COREcruitment have not been given access to competitors’ exact figures on each position’s salary due to the privacy and confidentiality of this data.
COREcruitment are currently exploring ways to more accurately gather a broader, more inclusive range of demographic data from respondents, institutions and businesses throughout the industry we specialise and operate in, the service industry.
The data gathered in these reports will change over time and should not be considered as fixed information.
