National Management Salary Survey 2016 Infographic
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Transcript of 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
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%