Banking & Finance Industries Salaries & Benefits Survey

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The Banking and Finance Industries Salaries and Benefits Survey began in May 1987. It was designed to provide a reference to the trends in salaries and benefits within banks, finance companies, building societies and other related organisations.

The survey has evolved considerably over the past ten years. The latest survey, published in October 2009, has more than 30,000 lines of salaries and benefits information and 35 contributors from a wide range of organisations within the banking and finance industries. This has enabled Hewitt to publish 177 salaries and benefits tables.

Contributors include banks, finance companies, building societies, credit unions, asset managers and other related organisations.

• In 2005 the scope of the survey was expanded to encompass roles operating within the investment management arena with the addition of the 'Investment Management' job family. The focus of this job family is on those positions operating within the front and back offices of organisations specialising in the management of investors' funds.
• Each position table has a corresponding position description.These are separated into the following job families: Executive, Administration Property & Legal, Finance, Human Resources, Retail Banking/Finance & Services, Lending, Marketing, Sales, Information Technology, Call Centre, Graduates and Investment Management.
• Remuneration Forum- designed to provide an informal meeting place for contributors to network and discuss items such as current survey results, maximising the value of your survey and industry related topics.
• Inclusion of Long Term Incentive data for all positions.
• Feature surveys are conducted in soft-copy format with their links e-mailed at the time of data capture, thereby reducing paperwork and time for the client.
• All positions are assigned a Career Level. The Career Levels section in the survey provides remuneration tables per job family and career level so that contributors are provided with an alternate source of data for those positions they cannot match directly within the survey. Career levels also assist contributors in job matching.