Salary Survey 2014 – Read the results!
The results of the Electronics Weekly Salary Survey 2014 are in, with over 1,000 UK respondents having taken part! Our editor, Richard Wilson, has taken a first look at the results of the largest ever national survey of salary levels in the UK electronics industry – see Electronics Weekly Salary Survey 2014 – The results, part I
Whether you are a design engineer, sales and market executive or company CEO, you will be able to compare your salary with the national average in this survey which Electronics Weekly has carried out in association with recruitment specialists, European Recruitment.
As well as reading our editorial analysis over the coming weeks, you can choose to get the full results – graphs and graphics and all – in a PDF document….
Headline figures? He writes:
The survey results indicated that the national average salary of engineers, managers and sales staff working in the UK electronics industry has increased by 5% in the last three years to £46,321.
Overall, it seems that salary levels may be reflecting the increase in business confidence in the electronics sector in the last 12 months.
According to the survey of over , the average salary increase in the last 12 months was found to be 2.5%. This would indicate that salaries in the industry are rising at above the annual rate of inflation.
One of the key findings of the survey is that design and development engineers on average receive salaries below the overall industry average of £46,321. The same is true for those engineers working in R&D and test.
As one might expect, average salary levels increase with years of professional experience. So the industry average salary for someone in the 25-34 year old age band is £35,000. If you are aged between 45 and 54 years then the industry average salary is £50,863.
The research was carried out in February and March 2014 by Reed Business Insight. In order to provide a robust sample for the study, research took the form of a quantitative online survey conducted amongst more than 1,000 electronics professionals.
|GET THE FULL RESULTS
A copy of the full survey results is available free-of-charge. Go to: www.electronicsweekly.com/salary-survey-results-form/