Salary Survey 2016 - arthuredward.com€¦ · Call now on: 01183 778 393 or visit us at: Salary...
Transcript of Salary Survey 2016 - arthuredward.com€¦ · Call now on: 01183 778 393 or visit us at: Salary...
Call now on: 01183 778 393 or visit us at: www.arthuredward.co.uk
Salary Survey2016
Arthur Edward passion • knowledge • success
Our Survey is compiled from the responses
of 308 individuals across the Cosmetics
Industry, we would like to thank them for
taking the time to complete this survey.
Arthur Edward are Executive Search
& Recruitment Consultants working
exclusively in the cosmetics and beauty
industry, because it’s what we love.
We are passionate about brands, product
and innovation and truly believe this is the
best industry to work in, the results of our
survey prove that you love it too!!
79% of you have been in the industry for
4 years or more and over 90% feel that
their remuneration expectations could be
met within the industry.
There has been an increase in demand
for skilled staff within all disciplines
during the last 18 months, we have seen
growing confidence with companies
creating new roles to increase their
teams and the fight for talent has pushed
salaries higher.
However, uncertainty with the post
Brexit economy in the UK and the global
trading implications of this are yet to
be fully felt within the industry, signs
of streamlining and redundancies are
already starting to show.
We are delighted to share the results from our 2016 Salary Survey for the Cosmetics, Perfume and Personal Care Industries.
Introduction OVERVIEW
Overview
Our 2016 results cover 4 core business sectors - Sales, Marketing, Scientific & Operations.
Perfumery is separated into a 5th sector.
A variety of roles and disciplines are included in each sector.
We have looked at basic salaries, salary reviews, benefits and retention.
Salary Survey 2016Arthur Edward passion • knowledge • success
BACKGROUND INFORMATION WHO DO YOU WORK FOR?
The Cosmetics industry offers
opportunities for many varied
personality types and skill sets, there
truly is something for everyone. The
employers of our respondents span
from large multinational chemical
suppliers, multinational cosmetics
giants, large international and UK
retailers, contract manufacturers,
engineering companies, medium sized
brands and manufacturers to small
boutique brands and perfume houses.
Of our 2016 respondents 43% were Male and 57% were Female.
Ages ranged from 22 up to 78, 50% of respondents fell within the
age range of 31-45 years.
85% of respondents were working full time.
63% of respondents have a degree, 26% have gone on to undertake
post graduate studies.
For 40%, their degree is directly related to their current role, highlighting
the importance of job specific qualifications in the industry.
51% of respondents work for companies based in London and the South of England.
20% are based outside of the United Kingdom.6% of respondents work for micro companies
employing up to 10 employees.
27% work for small companies of 11-100 employees.
27% work for medium sized companies
with 101-1000 employees.
13% work for large companies of 1001-10,000 employees.
27% are engaged by multinationals with over
10,000 employees.
Salary Survey 2016Arthur Edward passion • knowledge • success
ROLE, SENIORITY AND GENDER ROLE, SENIORITY AND GENDER
The Cosmetic industry offers incredible career prospects; it appears that progression is
not influenced by gender.
Females are seen to outnumber males for most roles, except Packaging and Perfume.
With the ongoing focus on diversity and inclusion in the workplace, our industry proves
to be a good place to work for all genders.
Salary Survey 2016Arthur Edward passion • knowledge • success
SALARIES
The highest salaries we identified in 2016, were within the Scientific and
Operations sectors for global companies with multiple sites. However the
lowest salaries were also identified within the Scientific sector.
SALARIES
Across the industry salaries vary widely dependent upon experience and
discipline, however it can be said that the majority of salaries fall within the
£20,000 to £50,000 range.
The average salary from our 2016 respondents across all sectors is £57,500.
This compares favourably to the average UK salary for the tax year ending 5
April 2015 at £27,600.
Salary Survey 2016Arthur Edward passion • knowledge • success
MARKETING
The Cosmetics industry is truly fast
moving, with innovation and consumer
demand driving growth, there are a lot
of opportunities within New Product
Development, as well as General
Marketing and Communications roles.
The 2016 respondents were evenly split
between Product (47%) and Marketing
(53%). Social Media is becoming
increasingly important within the industry,
cosmetics and their use, being ideally
suited for all things social.
Marketing Salaries range from £20,000 to £200,000, the average
Marketing Salary is £56,000.
Salaries by job title are shown in the table below. These are based on
the feed back from the survey and our industry knowledge.
MARKETING
JobTitle LowestSalary HighestSalary AverageSalary
MarketingAssistant £20,000 £30,000 £25,000
JuniorMarketing £20,000 £40,000 £30,000
NewProductDevelopment £25,000 £80,000 £52,500
ProductManager £25,000 £40,000 £32,500
BrandManager £30,000 £70,000 £50,000
PublicRelations £20,000 £60,000 £40,000
CorporateCommunications £45,000 £80,000 £62,500
StrategicMarketing £55,000 £60,000 £57,500
MarketingManager £30,000 £80,000 £55,000
MarketingConsultant £80,000 £84,999 £82,500
MarketingDirector £60,000 £200,000 £130,000
Salary Survey 2016Arthur Edward passion • knowledge • success
SALES
There are many opportunities within
a Sales or Commercial function in the
industry, from working directly with
consumers, to business to business sales
of raw materials, packaging or services
to manufacturers and brands, or product
sales to retail. Of our 2016 respondents
within Sales, 28% were at Director level,
with 50% at Manager level.
Sales Salaries range from £20,000 to £150,000, average Sales Salaries are £63,000.
Salaries by job title are shown in the table below. These are based on the feed back
from the survey and our industry knowledge.
SALES
JobTitle LowestSalary HighestSalary AverageSalary
SalesAdministration £15,000 £30,000 £22,500
AccountManager £20,000 £60,000 £40,000
TechnicalSales £28,000 £65,000 £62,500
SalesAnalyst £35,000 £65,000 £50,000
NationalAccountManager £35,000 £65,000 £50,000
NationalAccountController £65,000 £80,000 £67,000
BusinessDevelopmentManager £40,000 £80,000 £60,000
InternationalSalesManager £40,000 £80,000 £60,000
SalesManager £25,000 £150,000 £102,500
SalesDirector £55,000 £150,000 £102,500
Salary Survey 2016Arthur Edward passion • knowledge • success
OPERATIONSOPERATIONS
Roles in Operations span from Operations
Assistant through to Managing Director
and include everything along the Supply
chain including Packaging Designers and
Technologists, Purchasing, Logistics and
General Management.
Operations salaries range from £20,000 to £700,000 at Managing Director level,
average Operations Salaries are £84,166.
If you disregard the Director level roles, this reduces the average to £55,681.
Salaries by job title are shown in the table below. These are based on the feed back
from the survey and our industry knowledge.
JobTitle LowestSalary HighestSalary AverageSalary
Consultant £50,000 £60,000 £55,000
OperationsAssistant £20,000 £25,000 £22,500
OperationsManager £30,000 £60,000 £45,000
Planning&StrategyDevelopment £25,000 £80,000 £52,500
ProjectManager £30,000 £50,000 £40,000
PackagingDesigner £25,000 £60,000 £42,500
PackagingTechnologist £20,000 £50,000 £35,000
AssistantBuyer £25,000 £50,000 £37,500
Buyer £30,000 £80,000 £55,000
Purchasing&SupplyChainManager £30,000 £150,000 £90,000
GeneralManagement £25,000 £250,000 £137,500
ManagingDirector £95,000 £700,000 £397,500
Salary Survey 2016Arthur Edward passion • knowledge • success
PERFUME PERFUME
The Perfumers or Noses are the Rock Stars of our industry; successful Noses are highly
respected and command equally high salaries. 75% of Perfume respondents were
Perfumers with 24% supporting the production of Fragrance.
Perfume Salaries range from £20,000 to £450,000 for a Senior Perfumer. Average
Perfumer Salaries are £75,000.
Salaries by job title are shown in the table below. These are based on the feed back
from the survey and our industry knowledge.
JobTitle LowestSalary HighestSalary AverageSalary
FragranceTechnician £20,000 £25,000 £22,500
Regulatory £35,000 £40,000 £37,500
ProjectManager £25,000 £30,000 £27,500
Evaluator £20,000 £60,000 £40,000
FragranceDevelopmentManager £40,000 £200,000 £120,000
Perfumer £30,000 £55,000 £42,500
CreativePerfumer £25,000 £80,000 £52,500
ChiefPerfumer £50,000 £120,000 £85,000
MasterPerfumer £50,000 £450,000 £250,000
Salary Survey 2016Arthur Edward passion • knowledge • success
SCIENTIFIC
There are many different career routes within Technical and Scientific Disciplines
from Research and Formulation, through to Process, Quality, Regulatory, Safety and
Sustainability.
SCIENTIFIC SCIENTIFIC
Scientific Salaries range from £15,000 to £700,000. Average Scientific Salaries are
£66,800.
Salaries by job title are shown in the table below. These are based on the feed back
from the survey and our industry knowledge.
JobTitle LowestSalary HighestSalary AverageSalary
LaboratoryTechnician £15,000 £50,000 £30,000
ProcessChemist £25,000 £40,000 £32,500
ProjectManager £20,000 £40,000 £30,000
Quality £14,000 £40,000 £30,000
RegulatoryChemist £15,000 £75,000 £45,000
FormulationChemist £15,000 £80,000 £45,000
Technologist £25,000 £70,000 £47,500
TechnicalManager £20,000 £70,000 £45,000
TechnicalConsultant £80,000 £85,000 £82,500
Research&Development £16,000 £100,000 £52,000
TechnicalDirector £60,000 £150,000 £105,000
GlobalHeadofSafety&Sustainability £100,000 £150,000 £125,000
QualifiedPerson £80,000 £700,000 £200,000
Salary Survey 2016Arthur Edward passion • knowledge • success
You love working in the industry.
A whopping 79% of you have been in the industry for 4 years or more.
73% of you have been in your current role for up to 4 years, with 40% staying at the
same company for more than 8 years.
Typically, we see that careers are reviewed every 2-4 years within the industry.
For 92% of respondents a salary increase has taken place in the last 2 years, but 8% of
respondents have not had a pay rise for at least three years.
WORK HISTORY SALARY REVIEWS
Salary Survey 2016Arthur Edward passion • knowledge • success
10% of respondents saw their salary fall at their last pay review.
9% saw no change in their salary.
The remaining 81% did have a pay increase with increases of up to 5% being enjoyed
by 58% of respondents.
10% of respondents had increases in Salary in excess of 11.5%.
For one, a new role working in the UAE resulted in a 35% increase in salary.
37% enjoyed a performance related increase, 13% achieved a promotion, 6%
received a cost of living increase in line with inflation.
When asked if a salary rise was anticipated in the next 12 months, 64% of
respondents said yes.
Of those expecting a rise in the next 12 months, 70% expected an increase
between 0 and 4%.
For those who did NOT think a salary increase was likely in the next twelve
months, reasons included:
39% company performance, 3% personal performance, 7% taking benefits in
lieu of a salary increase.
OUTCOME OF LAST SALARY REVIEW
REASONS FOR INCREASES IN SALARY ARE VARIED:
Salary Survey 2016Arthur Edward passion • knowledge • success
BENEFITS PACKAGE
Individuals provided us with details of
the benefits included in their current
packages and what benefits they would
like included.
Of these the most common benefit was
taken in the form of the annual bonus.
A range of benefits from which employees
can design their own package is a valuable
tool for employers to improve staff
satisfaction and retention. Some benefits
can be of low cost to employers, but
incredibly valuable to employees.
Interestingly, there can be a tendency for
employees to undervalue benefits given as
part of a package if they have not chosen
them themselves.
The most popular benefits that people
would like to be added to their packages
are flexible working and flexi time,
followed by annual bonus and profit share.
These desired benefits reflect on the wish
for a better work life balance and the
opportunity to invest in your company’s
futures.
Benefits Benefits included in
your current package
Benefits Additional benefits you would like to
receive
Annual bonus 69% Flexible working 26%
Contributory pension 64% Flexi time 26%
Medical cover self 38% Annual bonus 24%
Death in service cover 36% Profit share 24% Discounted merchandise/services
33% Medical cover self
21%
Flexible working 33% Share options 21%
Medical cover family 23% Paid overtime 20%
Mileage allowance 21% Medical cover family 19%
Car allowance 20% Final salary pension 18%
Company car 18% Health screening 18%
Flexi time 18% Ad hoc rewards 17%
Health screening 17% Car allowance 17%
Share options 15% Paid travel season ticket 16%
Ad hoc rewards 14% Contributory pension 15%
No benefits 10% Company car 14%
Profit share 10% Commission 13%
Travel season ticket loan 9% Mileage allowance 12%
Final salary pension 9% Travel season ticket loan 8%
Commission 6% Death in service cover 8%
Paid overtime 5%
Discounted merchandise/services
7%
Paid travel season ticket 4% Non contributory pension 3%
Non contributory pension 4% No benefits 1%
Salary and Package Compared to Others
33% would describe both their Salary and Package as being Excellent or Good and 35%
considered it to be on a par when compared to both the cosmetics industry and wider
economy.
Only 9% thought their salary and package was poor, although 23% thought their salary
and package were below average.
Salary Survey 2016Arthur Edward passion • knowledge • success
SALARY AND GENDER
Although the cosmetics industry is a great place for all genders, with females and males
enjoying similar salaries throughout junior and management roles.
Higher salaries do still seem to favour males, with 77% of respondents enjoying salaries
above £85,000 per annum being male.
Of the 22% of respondents who have taken a career break, 16% were male but the
majority, 84%, were female. On a positive front, 87% of those who have returned to
work have done so at the same or higher salary level.
Of the 7% of respondents who are working Part time, 84% were female and 16% male.
LOCATION AND SALARY
Location does not seem to be a major
influence on salary level, within the
industry globally. However over 50%
of our 2016 respondents were based in
London or the South of England, where
many of the brand companies and retailers
are based, although manufacturers are
more evenly spaced around the UK, where
cheaper rent, rate and living costs are
available.
Salary Survey 2016Arthur Edward passion • knowledge • success
HOW DOES SALARY RELATE TO YOUR HIGHEST QUALIFICATION
Across all salary bandings degrees or higher qualification such as an MA or PhD are held.
It can certainly be said that further education qualifications are important to the industry,
and, with tough competition in the workplace, are probably even more important now
than they have been in the past.
However, lack of qualifications are not necessarily a barrier to entry into or progression
within the industry, with one respondent attaining a £149,999 salary through career
progression, without an industry related degree.
Highest Qualif ication Lowest Salary
Highest Salary
Average Salary
O levels £25,000 £150,000 £62,500 A levels £20,000 £80,000 £40,000 GCSE £25,000 £60,000 £47,500 Degree-directly related to role £15,000 £200,000 £50,000 Degree-not directly related to role £16,000 £150,000 £45,500 Postgraduate MA /MSC £15,000 £700,000 £67,500 PhD £15,000 £150,000 £70,000 NVQ £30,000 £65,000 £44,500 HND/HNC £20,000 £700,000 £102,500 CIM Diploma £35,000 £65,000 £50,000 SCS Diploma £25,000 £200,000 £58,500 Other Diploma - directly related to role £25,000 £90,000 £53,500 Other Diploma £25,000 £150,000 £58,000
SALARY EXPECTATIONS WITHIN THE INDUSTRY
Over 90% of respondents felt that their expectations of Salary and Rewards could be
met by staying within the Cosmetics industry.
Only 5% of our respondents were considering a move outside of the industry.
A move to another sector within FMCG or a science based industry were the most likely
options, with 24% being open to consider any industry.
Salary Survey 2016Arthur Edward passion • knowledge • success
REASON FOR NEXT CAREER MOVE
Career Progression (36%), is more of a driver to change jobs than a bigger financial
reward (17%).
14% of Individuals cite the reason for their next career move as a desire to create a
better work life balance and flexibility.
Interestingly our Work Life Balance Survey undertaken in 2014, highlighted a huge
90% of respondents would have moved company to achieve a better work life balance,
although of those, 59% would not have taken a cut in salary to achieve this.
There are also many other contributing factors motivating people to make the next
move.
Others mentioned specifically by respondents included brand appeal, moving to a new
sector and self- respect.
Only 5 respondents were not currently considering a move.
Salary Survey 2016Arthur Edward passion • knowledge • success
IN SUMMARY
The majority (85%) work full time.
63% have a degree or higher qualification.
50% work for companies based in London or the South of England.
Over half work for small-medium sized companies.
Average Salary is £57,500.
79% have worked in the industry for four or more years.
92% had a salary increase in the last two years.
Over 90% felt their remuneration expectations could be met within the industry.
Career prospects are good for both genders until Senior Management, with 77% of
salaries over £85,000 being earned by men.
IN CONCLUSION
Salary is a key factor in staff attraction and
retention, although with the luxury of a
comfortable salary to fit lifestyle choices,
work life balance and flexibility becomes
increasingly more important.
Whilst Salary is important, other factors
including workplace culture, brand appeal,
career progression and opportunities for
self-development are all important in our
choice of who we work for.
Average salary across the industry at
£57,500 compares most favourably with
the UK average of £27,600 showing that
there is potential to be well rewarded in
the industry we all love.
Salary Survey 2016Arthur Edward passion • knowledge • success
IN CONCLUSION DISCLAIMER
Post Brexit, the cost and potential barriers
to overseas trade and imports, implications
of changes to European and global
legislation, movement within the currency
markets and possibility of rising inflation
are likely to bring further uncertainty,
especially for UK companies.
We could see recruitment and investment
plans put on hold, pay freezes or cuts in
real terms, over the next few years.
Or we could find that the cosmetics
industry remains resilient, due to the
lipstick effect we saw in the last recession.
We are lucky to work in a feel-good
industry and thankfully consumers love to
buy product to cheer themselves up at the
end of a long week.
This survey contains data specific to the Cosmetics and Personal Care industries and
reflects only the responses obtained from respondents who we requested to participate
and our own views. Arthur Edward expressly disclaims all liability of any kind from third
party use of the data contained within this document.
Salary Survey 2016Arthur Edward passion • knowledge • success
www.arthuredward.co.uk
Call now on: 01183 778 393 or visit us at: www.arthuredward.co.uk
Arthur Edward passion • knowledge • success