What is the pay differential down to?
From the job advert the roles seem the same, yet sectors will bring their own peculiarities. How do you value the Head of Security protecting the nation’s food chain against an applicant who is protecting a diversified estate of 40,000 employees?
It is singly down to the organisation’s attitude to risk and the interest that C-suite leaders place on the responsibilities of security people. As a group they are a small proportion of overall employees, and many tiers have been outsourced.
Looking at the UK overall by sector, subtle variations in pay emerge. Organisations in engineering-related sectors are forecasting larger increases, as the war for talent intensifies. Organisations in the Chemical, Oil and Gas and Manufacturing sectors are all predicting salary rises above the UK average non-executive pay roll of 2% , at up to 3.5% for executive roles.
Signs of hope in Europe
Turkey is forecast to experience the largest increase in Europe with pay rises up to 9.0%. However, workers will still feel a squeeze on income with local inflation predicted to be 8.9%.
According to Korn Ferry, workers across Europe are set to see an average salary increase of 2.8% in 2016 which, with inflation at 0.5%, will see real wages rise by 2.3%. Western Europe will see a 2% increase in real wages compared to a 2.9% increase in Eastern Europe.
The outlook is positive in the UK, France and Germany. Workers in France and Germany will see real wage rises of 1.7% and 2.7% respectively. The picture is similar in Greece, where, despite economic issues, salaries are set to increase 2% (compared to 1.3% last year) with deflation leading to real wage rises of 3.4% in 2016.
Two countries we are currently recruiting in are excluded from the regional averages, due to specific political issues causing high inflation which impacts real wage increases. Workers in Ukraine are forecast to see the biggest wage rises in Europe (11.5%), but, due to high inflation (48.3%), real wages are set to drastically reduce by 36.8%. This is desperate as it means the Ukrainian Hryvnia since the Russian invasion has halved when measured against the USD.
The outlook is similar in Russia as the impact of economic sanctions and falling oil prices hit the economy. Despite an average salary increase of 7%, with inflation at 14.5%, real wages will fall.
Peter French Chief Executive, SSR Personnel
www.ssr-personnel.com © CI TY S ECURI TY MAGAZ INE – S PRING 2016 www. c i t y s e cur i t yma ga z ine . com
EUROPEAN SALARY SURVEY 2015 - 2016
£245 - 275k 215 - 240k 190 - 210k
165 - 185k* 140 - 160k*
0% 10% 20% 30% 40% 50%
CHIEF SECURITY OFFICER Responsible for policy, executive board briefings. Dotted line or direct responsibility for subsidiary CSO / Head of security position. Oversight budget responsible of £30m+. Revenues of £2bn+.
* Included in Executive Long Term Incentive Plan
£155 - 170k 125 - 150k 100 - 120k 90 - 95k 89k*
0% 10% 20% 30% 40% 50%
EMEA SECURITY HEAD Responsible for regional policy development, executive reporting, promulgating corporate policy, overview of physical and intellectual protection. Budget responsibility £10m – £30m.
£110 -120k 96 -100k 70 - 90k 55 - 65k 40 - 52k
0% 10% 20% 30% 40%
NATIONAL SECURITY HEAD Responsible for all physical aspects of corporate security and maintaining standards across an estate. Budget responsibility £2m – £10m.
£85 - 95k 70 - 80k 60 - 65k 50 - 55k 37 - 45k
0% 10% 20% 30% 40%
MAIN HQ SITE SECURITY MANAGER Physical and information protection, proactive, local policy implementation and development. Budget responsibility £2m – £5m+.
£175 - 195k 140 - 170k 120 - 135k 90 - 115k*
0% 10% 20% 30% 40% 50%
INTERNATIONAL CSO / HEAD OF SECURITY Responsible for delivering localised policy, executive board briefings. They are a driver for change and service expansion. Budget responsibility of £10m – £30m. Revenues of £1bn+.
* Included in Executive Long Term Incentive Plan
£135 - 145k 110 - 130k 96 - 105k 80 - 95k 50 -75k
0% 10% 20% 30% 40% 50%
EUROPEAN SECURITY HEAD Regional reporting, policy implementation, promulgates corporate policy. Responsible for physical and information security. Budget responsibility £5m – £10m.
£100 -110k 85 - 95k 65 - 80k 55 - 60k 37 - 50k
0% 10% 20% 30% 40% 50%
SENIOR INVESTIGATOR Responsibility for more than one country’s operations. Active across all security breaches, due diligence, product diversion, counterfeit and auditing functions for the corporation.
£85 - 90k 65 - 80k 55 - 60k 45 - 50k 30 - 40k
0% 10% 20% 30% 40% 50%
REGIONAL INVESTIGATOR & DUE DILIGENCE MANAGER Supply chain management, implementing corporate procedures. Compliance and auditing within supply chain / 3rd party manu- facturing
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