National Management Salary Survey 2016 Infographic

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REWARDS FOR POOR PERFORMANCE. The National Management Salary Survey 2016. Underperforming managers still receive bonus pay-outs, according to the 2016 National Management Salary Survey published by the Chartered Management Institute (CMI) and XpertHR. UNDERPERFORMERS STILL GET BONUSES BONUSES ARE A BIG PART OF MANAGERS’ PAY. THEY ARE WORTH... 23% of underperforming managers received bonuses. is the average bonus payment made to underperforming managers – 12% of their basic pay, taking total packages to £40,067. £ X £££ “The truth is that bonuses continue to remain divorced from performance in too many organisations. Fixing the problem means setting clear targets, aligning bonus pay with performance, and being prepared to have difficult conversations with underperformers who don’t measure up.” Ann Francke, CEO, CMI £4,270 ...of CEOs’ & directors’ pay packages Average Bonus £55,969 ...of managers’ pay packages Average Bonus £11,413 38% 17% THE 2016 SURVEY INCORPORATES DATA FOR INDIVIDUAL EMPLOYEES, SUBMITTED BY ORGANISATIONS. 105,394 425 For more information go to www.managers.org.uk/salarysurvey and join the conversation @cmi_managers #CMISalarySurvey

Transcript of National Management Salary Survey 2016 Infographic

Page 1: National Management Salary Survey 2016 Infographic

REWARDS FOR POOR PERFORMANCE.

The National Management Salary Survey 2016.

Underperforming managers still receive bonus pay-outs,

according to the 2016 National Management Salary Survey published

by the Chartered Management Institute (CMI) and XpertHR.

UNDERPERFORMERS STILL GET BONUSES

BONUSES ARE A BIG PART OF MANAGERS’ PAY. THEY ARE WORTH...

23% of underperforming managers received

bonuses.

is the average bonus payment made to underperforming

managers – 12% of their basic pay, taking

total packages to £40,067.

£X

£££

“ The truth is that bonuses continue to remain divorced from performance in too many organisations. Fixing the problem means setting clear targets, aligning bonus pay with performance, and being prepared to have difficult conversations with underperformers who don’t measure up.”

Ann Francke, CEO, CMI

£4,270...of CEOs’ & directors’

pay packages

Average Bonus £55,969

...of managers’ pay

packages

Average Bonus £11,413

38% 17%

THE 2016 SURVEY INCORPORATES

DATA FOR

INDIVIDUAL EMPLOYEES,

SUBMITTED BY

ORGANISATIONS.

105,394

425

For more information go to www.managers.org.uk/salarysurvey and join the conversation @cmi_managers #CMISalarySurvey

Page 2: National Management Salary Survey 2016 Infographic

For more information go to www.managers.org.uk/salarysurvey and join the conversation @cmi_managers #CMISalarySurvey

“ Employers have reined in a lot of poorly focused executive perks since this survey began back in the early 1970s…Employers have come a long way in aligning pay and performance, but as our research shows, there is still some distance to go to get it right.”

Mark Crail, Content Director, XpertHR

£

MANAGERS BELOW SENIOR RANKS ARE FEELING THE EFFECTS OF BELT TIGHTENING

EMPLOYERS FACE ACUTE RECRUITMENT PROBLEMS

EMPLOYERS ARE FACING A SKILLS SHORTAGE

Pay is a bigger issue for employers than in previous years

VACANCY

of employers identified recruiting people with specific

skills as a key challenge.

87%

Average executive’s salary is

£34,479

Lowest rate of pay increases since

2011 for managers.

2.6%3%

2015 2016Nine in 10 (91%) employers face

recruitment problems

...say the high cost of recruitment is a

problem.

2015 2016

23% 32%

...say that reward packages are too low to attract high

quality applicants.

2015 2016

20% 36%