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The highest paying employers in the UK

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28/04/2021
Employees at software firm Salesforce are the best paid in the UK, pocketing a median £100,000 a year, a new study by Glassdoor has revealed.

The research breaks down the 25 top paying employers in the country, looking at both base salaries and total annual compensation including bonuses and the like.

Glassdoor ‒ which is effectively a business reviewing website, where staff are given the option of rating their employers ‒ found that Salesforce staff enjoy a median base salary of £73,038 a year. But this is bumped up significantly by added bonuses, to take the median total compensation to £100,000.

Across the top 25, eight investment banks make the cut, as do seven tech firms and five consultancies.

The best paying employers

Here’s how the 25 firms shape up:

Employer Median base salary Median total compensation Industry
Salesforce £73,038 £100,000 Tech
Man Group £85,312 £93,620 Investment banking
Kearney £83,917 £90,661 Consulting
Standard Chartered Bank £80,331 £90,000 Investment banking
Credit Suisse £78,000 £87,500 Investment banking
Facebook £78,953 £86,423 Tech
VMware £75,000 £85,625 Tech
G-Research £80,441 £85,468 Tech
McKinsey & Company £84,000 £85,160 Consulting
RBC £70,000 £85,000 Banking
Spotify £72,914 £83,500 Tech
UBS £73,000 £80,662 Investment banking
Daishi Bank £75,551 £80,588 Banking
ServiceNow £75,463 £80,104 Tech
Deutsche Bank £75,984 £80,000 Investment banking
Macquarie Group £65,478 £80,000 Investment banking
Mastercard £75,000 £80,000 Finance
MS Amlin £76,840 £78,070 Insurance
SAP £70,514 £77,615 Tech
Boston Consulting Group £65,478 £77,000 Consulting
Bain & Company £69,500 £76,914 Consulting
Moorhouse Consulting £55,000 £76,500 Consulting
JP Morgan £69,137 £75,914 Investment banking
Revolut £70,514 £75,829 Finance
BlackRock £68,000 £75,829 Investment banking

 

Fighting for the best talent

Amanda Stansell, data scientist at Glassdoor, said that for jobhunters who are focused on a big salary, then heading to the big names in banking, consulting and tech is a smart move.

She continued: “Companies like Salesforce, Kearney and Standard Chartered Bank are all fighting for the best talent and they are prepared to pay top dollar to get it.

“Bankers have always received pretty significant bonuses since successful traders can bring huge company returns and tech salaries in particular tend to be high because of a shortage in specialist skills such as data science and software engineering.”

The pandemic has had a big effect on the jobs market, with unemployment jumping to a five-year high of 5.1% back in February. While it has dropped twice since then, some have questioned whether it is being artificially deflated by the government’s support measures.

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