Napier Wolf's blog
Permanent & FTC experienced in-house recruiters
- The average salary of this group in February was £47,400
- This is £6,000 higher than the average recruiter spoken to in January and represents a market trend for experienced in-house recruiters currently looking for a new opportunity
- This group are typically at the very top of the “recruiter” roles with no reports or potentially some administrative support but carrying out full life cycle of the recruiter role
- The average target salary for the group was £53,000 representing an expected salary rise of £5,600 to move, only slightly lower than January’s expectation at £6,000
- Bonuses ranged from 0-45% of base salary
- On average most recruiters were receiving a bonus of c.20% of base salary
- At the time of year when many recruiters are receiving their bonus or being advised recruiters we spoke to were broadly happy with their 2010 pay-out stating bonus was in line or slightly above expectation (albeit most had low expectations!)
Day rate recruiters & contractors
Due to our own focus on permanent and Fixed Term contract roles in February we did not have a large enough pool of day rate contractors to analyse and give fair results in February. As a trend it appeared in February that many contractors had recently taken up roles. March is already shaping up to be a “contractor” month with high client demand to deliver on post-bonus capacity in the city and candidates completing long standing contracts… Watch this space…
Recruitment agents and executive search professionals seeking an in-house move
- The average base salary of this group was £48,000
- The average target base salary of this group was £46,500
- So where this group in January were looking to break even on the transition in-house there is now not only a willingness to forgo bonus and commission they will now take a lower base salary to complete a career move
March 15, 2011 at 11:03 am | Candidate, February 2011, Hiring, In-house, Monitor, News, Salary trends | No comment
