09/10/2002
NI marketers see higher-than-average wage increases
A survey has found that marketing professionals have seen average pay increases rise significantly above the national average, with the north's marketers earning around £30,000 a year.
Pay increases for the industry averaged around 4% compared with the national average of 2.8%. However, the average annual salary for marketers in Northern Ireland is now £30,000, which exactly matches the national average, according to the latest marketing rewards survey by The Rewards Group and the Chartered Institute of Marketing (CIM). Senior managers command £36,750, which is 5.8% below the national average for their rank.
Commenting on the research, Michael Maguire, Director of the Chartered Institute in Northern Ireland, said: “These are very welcoming results and I hope that they will encourage more people into the marketing profession. It is also important that the average annual salary in Northern Ireland matches the national average hence reducing the attraction of key marketers seeking job opportunities outside of Northern Ireland”
Meanwhile on another wage related issue, the minimum wage rates have been increased as of the start of this month. Workers will see increases from £3.50 to £3.60 for 18-21 year olds and from £4.10 to £4.20 for 22 year olds and over from October 1.
The Northern Ireland Association of Citizens Advice Bureau have set up a helpline, on behalf of the Inland Revenue and the Department of Trade and Industry, to handle public enquiries on the issue.
The Helpline on 0845 6500207 has handled over 2,000 queries from the general public on the national minimum wage and helped to obtain over £160,000 in pay arrears for low-pay workers.
(GMcG)
Pay increases for the industry averaged around 4% compared with the national average of 2.8%. However, the average annual salary for marketers in Northern Ireland is now £30,000, which exactly matches the national average, according to the latest marketing rewards survey by The Rewards Group and the Chartered Institute of Marketing (CIM). Senior managers command £36,750, which is 5.8% below the national average for their rank.
Commenting on the research, Michael Maguire, Director of the Chartered Institute in Northern Ireland, said: “These are very welcoming results and I hope that they will encourage more people into the marketing profession. It is also important that the average annual salary in Northern Ireland matches the national average hence reducing the attraction of key marketers seeking job opportunities outside of Northern Ireland”
Meanwhile on another wage related issue, the minimum wage rates have been increased as of the start of this month. Workers will see increases from £3.50 to £3.60 for 18-21 year olds and from £4.10 to £4.20 for 22 year olds and over from October 1.
The Northern Ireland Association of Citizens Advice Bureau have set up a helpline, on behalf of the Inland Revenue and the Department of Trade and Industry, to handle public enquiries on the issue.
The Helpline on 0845 6500207 has handled over 2,000 queries from the general public on the national minimum wage and helped to obtain over £160,000 in pay arrears for low-pay workers.
(GMcG)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
08 June 2004
NI housing market shows sustainable rise
Northern Ireland’s housing market is growing at a much more sustainable rate than in the rest of the UK, with the cost of the average property going up by 8.6% over the year.
NI housing market shows sustainable rise
Northern Ireland’s housing market is growing at a much more sustainable rate than in the rest of the UK, with the cost of the average property going up by 8.6% over the year.
02 February 2004
10% of UK workforce is incompetent: survey
Britain's employers believe that 10% of their staff – or around 2.4 million of the working population – are incompetent, according to a survey commissioned by the Learning and Skills Council (LSC).
10% of UK workforce is incompetent: survey
Britain's employers believe that 10% of their staff – or around 2.4 million of the working population – are incompetent, according to a survey commissioned by the Learning and Skills Council (LSC).
11 June 2002
Irish economic growth to halve in 2002
The Central Bank of Ireland has said in its annual report that economic growth in Ireland is set to halve in 2002. Growth is likely to fall from 5.9% last year to just 3% in 2002, however next year should see an upturn, the Bank said.
Irish economic growth to halve in 2002
The Central Bank of Ireland has said in its annual report that economic growth in Ireland is set to halve in 2002. Growth is likely to fall from 5.9% last year to just 3% in 2002, however next year should see an upturn, the Bank said.
04 June 2002
House price rises outstrip market forecasts
The Halifax, the UK's biggest mortgage lender, has said that house prices in May grew at a record rate. The monthly house price survey revealed that property prices grew by 4.2% in the period April to May this year. The average house price in the UK now stands at over £107,000, up 18.5% on the price of the average house this time last year.
House price rises outstrip market forecasts
The Halifax, the UK's biggest mortgage lender, has said that house prices in May grew at a record rate. The monthly house price survey revealed that property prices grew by 4.2% in the period April to May this year. The average house price in the UK now stands at over £107,000, up 18.5% on the price of the average house this time last year.
31 May 2002
C&C reveals plans to float on stock exchanges
C&C Group, one of Ireland's leading beverages and snack food groups, has announced its intention to seek a listing for its shares on the Irish Stock Exchange and the London Stock Exchange.
C&C reveals plans to float on stock exchanges
C&C Group, one of Ireland's leading beverages and snack food groups, has announced its intention to seek a listing for its shares on the Irish Stock Exchange and the London Stock Exchange.