HR professionals change jobs for career progression and opportunities, not money, according to the latest research.
A salary survey, by recruitment firm Angela Mortimer, shows that the three most important motivators for HR candidates are career progression, cultural fit and a realistic compensation package.
The ‘bluebook’ survey also reveals that many people move to jobs with similar salaries in search of career progression and opportunities.
The pay for a permanent HR director in London is higher in the financial service sector (125,000) than it is in professional services (95,000), retail (82,000), the public sector (68,000) and commerce and industry (63,000).
Regionally in all sectors, London is the top payer. A permanent HR director in financial services will earn 125,000 in the capital, compared with 110,000 in Birming-ham and 75,000 in Manchester.
Angela Mortimer, chairman of Angela Mortimer, said: “This survey is the most extensive listing we have ever compiled. It really serves to demonstrate the disparity in incomes across certain sectors and within industry as a whole.”