You don’t have to be a chief executive to earn a sizeable bonus.
In fact, according to new research out today, that isn’t the position you should be aiming for anyway – at least for bonuses.
‘Global account manager’ has been named as the top title for annual sweeteners, according to jobs and recruitment website Glassdoor, with a median of £37,000.
‘Partner’ (£33,500) and ‘chief operating officer’ (£31,500) have been named as the next best roles for salary top-ups, followed in fourth place by ‘chief executive’ (£30,450).
In terms of total compensation, however, chief executives come out on top, with a median of £155,000 – far ahead of the £90,000 enjoyed by global account managers.
The rest of the top 10 is made up of portfolio managers, equity traders, brokers, investment banking associates, traders and account executives.
Chief executives win on total pay
|Job title||Median bonus||Median total compensation|
|Global account manager||£37,000||£90,000|
|Chief operating officer||£31,500||£152,500|
|Investment banking associate||£25,375||£100,000|
According to the Office for National Statistics (ONS), the average UK bonus as of 2015 was £1,500.
Bartenders (£7,200, with a total median compensation of £20,449), tax managers (£5,000, with £69,925) barista (£2,160, with £16,320), editors (£1,800, with £34,139) and customer care executives (£1,000, with £16,920) came outside of the top 10 but were highlighted also by Glassdoor.
“People traditionally think that those working in finance earn the biggest bonuses,” said Diarmuid Russell, Glassdoor’s head of international. “Whilst finance roles such as portfolio managers, traders and brokers take five of the top ten spots, it’s interesting that they are nearer the bottom of our list.
“The earning potential of top sales professional is evident, with global account managers taking top billing, and of course senior workers such as CEOs and COOs with greater experience and qualifications also doing well.”
Outside of the top 10