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Salary benchmarking?

10 replies

Ilikecakes · 06/02/2025 17:52

Anyone know of a good salary benchmarking website that’s sector specific? I’ve tried Glassdoor, Hays and a couple of other recruiter sites and they’re all really general with no skew for the sector I’m in (financial services - London).

I’ve finally grown a pair and have asked for a new job title, spec and salary uplift after my role has grown massively to cover the workloads of colleagues who were sadly made redundant. Have a meeting with boss tomorrow and have an idea of the title and have drafted a spec but it’s really hard to find accurate salary ranges and I’d like to go in with an ambitious but realistic number. Why oh why can’t we be more transparent about salaries in this country?!?!

Thanka in advance 🙏

OP posts:
DropOfffArtiste · 06/02/2025 18:21

What's the role and title? I'm in banking and do quite a lot of hiring so could maybe give an idea.

DropOfffArtiste · 06/02/2025 18:22

Morgan McKinley has just issued their 2025 salary survey.

Ilikecakes · 06/02/2025 18:30

Thank you. Do you mind if I DM you @DropOfffArtiste rather than post on here?

OP posts:
DropOfffArtiste · 06/02/2025 18:35

Sure thing

workoholic · 08/02/2025 20:59

I think you are over thinking it. Just find a recruiter with a similar job opening and ask them what your market rate is.

MumofCandRA · 09/02/2025 05:39

Slightly ironic post ' why oh why can't we be more transparent over salaries in this country' and 'can you DM me'..... Somewhat of a contradiction....

Ilikecakes · 09/02/2025 11:59

@MumofCandRA I don't think so - just don't really want to post my job title and sector here for ID reasons, not salary.

Thanks @workoholic I had done that too, but was just hoping a website existed that'd give me a quicker answer!

OP posts:
workoholic · 09/02/2025 16:09

Ilikecakes · 09/02/2025 11:59

@MumofCandRA I don't think so - just don't really want to post my job title and sector here for ID reasons, not salary.

Thanks @workoholic I had done that too, but was just hoping a website existed that'd give me a quicker answer!

Websites are always inaccurate for this type of thing because it depends on the company/industry/other benefits etc which aren't considered usually when people share the figures. Speak to recruiters.

0ohLarLar · 09/02/2025 19:54

In most industries there are recruiters/head hunters who focus on that sector and as you get more senior its essential to cultivate a regular relationship with the most prominent ones. For my industry 90% of jobs go through 4-5 key recruiters. I know its similar in a lot of other professional roles.

At exec level most roles go through the big 5 firms (nicknamed the "SHREK") firms because of the first initial of each firms name).

DingDingRound3 · 10/02/2025 21:55

What level are you OP?

It’s LTIPS that really make the difference. You’d be surprised what some people get- it’s a lot.

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