Consultants and women lose out on salariesMarch 2008
Corporate responsibility practitioners in the UK are likely to earn more money working for a company than for a consultancy, according to the first comprehensive survey of salaries in the field.
Research by Ethical Performance with the recruitment agency Acre Resources and the consultancy Acona found that the median salary band for all 281 respondents was in the range of £40,000–£60,000 ($80,000–$120,000), with four out of ten earning this amount.
However, consultants – especially those in firms with fewer than 50 staff – were disproportionately represented in the lowest pay band (£20,000–£30,000) and only one earned more than £100,000. Eight per cent of all respondents earned more than this figure, with half of these receiving over £120,000.
The consultants did not generally make up for the shortfall with proportionately higher bonuses. In fact, the survey suggests that the best source of bonuses is the FTSE 100, which accounted for two-thirds of all those receiving bonuses greater than £25,000
The survey also suggested some gender imbalance. Half of the respondents were women, but there were more men than women in the top pay band, while women were disproportionately represented in the two lowest pay bands.
See also analysis.
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