UK Salary and Company Benefits Hub
With the changing nature of jobs across the UK, it’s increasingly important that employers and employees can access resources which offer salary benchmarking and explore the evolving nature of UK company benefits. Reed’s UK salary and benefits hub houses everything you need to know about salary guidelines and existing and emerging company benefits.
The post-pandemic job market is vastly different to the one which preceded it. Jobseekers have much greater expectations when it comes to salary and benefits – employers who fail to meet these demands will struggle to attract the best professionals. To support you with making the right offerings to prospective employees, our salary and benefits content contains a range of information on salary guidelines and the most popular company benefits.
The hub features our annual salary guides, which provide extensive salary data to help you undertake salary benchmarking, as well as a survey of the most widely offered and desired UK company benefits, across 14 different industries including accountancy & finance, business support & administration, and technology.
This section is also a source of information for popular roles which do not feature within our guides, with salary bandings for teachers, nurses, police officers, train drivers, paramedics, pharmacists, midwives and architects all included.
You will also find key information about the evolving landscape of company benefits in the UK. Whether you want to find out more about hybrid working models, four-day working weeks, maternity and paternity leave, supporting financial wellbeing and much more.
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Break the bias: using mentoring to empower your female team members
On International Women’s Day, our experts explored how mentoring schemes can encourage career growth, and attract and retain talent.
8 March, 2022
The great flirtation: how to attract the best professionals in 2022
Watch our panel discussion as experts from Reed explored the trends which emerged in UK recruitment in 2021 and what can be expected in 2022.
10 February, 2022
Looking forward: How to attract and retain talent in 2021
In this webinar we were joined by Reed Chairman James Reed and three other members of our senior leadership team to discuss how you can attract and retain talent in 2021.
3 February, 2021Whatever challenge you’re facing, we have a solution that can help.
Salaries and Benefits - Frequently Asked Questions
Are you searching for the average UK salary to see how your pay packet stacks up against the country’s average? According to the Office for National Statistics the median weekly earnings for full-time employees in April 2021 was £611 per week, approximately £31,772 per year. If you are looking to benchmark salaries in a particular industry, our latest 2022 salary guides cover national and regional salary trends across 14 sectors, from technology, accountancy and finance to education. Download your free copy now.
Salary benchmarking is important for both businesses and professionals. If you are a business or hiring manager and struggling to attract and retain talent, then comparing the salaries you are offering to other businesses in the sector and region, can ensure that you remain competitive in a challenging market.
Additionally, if you are looking to move jobs, it’s important to know what you can expect to earn so you can go into salary negotiations with a clear understanding of the average salary for that role. For more information on salary benchmarking and why it is important, read our article ‘Why salary benchmarking is even more critical in 2022’.
At the end of 2021, we conducted a snap survey of over 500 professionals and asked what benefits they received as well as their most desired benefits. The most common UK company benefits received were annual leave and paid time off, which 82% of people said they got from their employer. Flexibility over how, where, and when professionals work was offered by around half of businesses - 53% said they had the option to work hybridly, with the same percentage stating they had family flexibility/workplace flexibility, while 45% said they could access remote working. Health benefits were also common, with 51% receiving health insurance and 42% getting life insurance, while financial top-ups were also popular among businesses, with 47% getting a performance bonus and 46% receiving a higher-than-statutory pension.
Benefits play a critical role in attracting and retaining talent. If you are looking to build a remuneration package, read our article on how to create attractive remuneration packages with salaries on the rise.
If you are looking to find salary guidelines when recruiting or wanting to compare your own salary against other professionals in the same role, Reed’s annual salary guides are your go-to resource with all the tools you need to effectively benchmark salaries. Released every year in January, the guides cover 14 of Reed’s specialist recruitment sectors, from accountancy and finance, technology, to education and provide information on roles at all seniorities.
Each guide highlights the most interesting developments from that year’s data and features calculated projections for salaries the following year, while Reed’s regional experts and professionals from businesses across the UK discuss the key local salary and benefits trends you should be aware of. Download our latest 2022 salary guides now.