Global benchmarking index 2022
Global benchmarking index 2022
SALARY
WORKING
HOURS
SATISFACTION
INDEX 1
F o r s a t i s f a c t i o n w i t h s a l a r y a n d w o r k i n g h o u r s , t h e a v e r a g e s ati s f ac ti o n
f o r p e o p l e w o r k i n g i n e a c h i n d u s t r y w a s c o m p a r e d t o t h e o v e ral l
a v e r a g e o f a l l r e s p o n d e n t s , t o y i e l d a d i f f e r e n c e t o t h a t o v e ral l av e rag e
for each industry.
A p o s i t i v e f i g u r e m e a n s t h a t p e o p l e a r e m o r e s a t i s f i e d t h a n av e rag e ; a
negative figure, less satisfied.
I n d u s t r i e s h a v e t h e n b e e n r a n k e d b y s u m m i n g t h e d i f f e r e n c e v s av e rag e
f o r b o t h s a l a r y s a t i s f a c t i o n a n d w o r k i n g h o u r s s a t i s f a c t i o n to g i v e a
cumulative difference vs the overall average.
T h e h i g h e s t - r a n k e d i n d u s t r i e s a r e w h e r e p e o p l e a r e t h e m o s t s ati s f i e d
with the combination of salary and working hours.
T h e l o w e s t - r a n k e d i n d u s t r i e s a r e w h e r e p e o p l e a r e l e a s t s a ti s f i e d wi th
the combination of salary and working hours.
% above or below
Charity & Social Key: average
15.4%
Industrial & Manufacturing
11.9% Retail
1
10.3%
2 3
Tech and Pharma &
4. 9.2% 5. 8.3% 6. Travel 7.8%
e-commerce lifescience
13. Insurance -0.5% 14. Retail Banking -1.4% 15. Fintech -2.6%
Professional
22. Telecoms -16.9% 23. Consulting -18.8% 24. -30.8%
Services
MOVEMEON
Consultants are blessed with a transferable skill set that can be used in an
almost limitless number of industries / organisation types. Our mission is to
help everyone make a more informed career choice.
In August 2022 we created the world's first index of careers for all those
staying in or leaving consulting. ~1,500 current & former consultants
participated and shared their salaries & working hours and satisfaction with us.
Index 3 considers the difference between actual salary & working hours and
the satisfaction with those with the difference between satisfaction and
reality amounting to the sense of purpose people feel when working within
the industry.
MOVEMEON.COM
INDEX 2
ACTUAL SALARY & WORKING HOURS
F o r a c t u a l s a l a r y a n d w o r k i n g h o u r s , t h e a v e r a g e f o r p e o p l e wo rk i n g i n
e a c h i n d u s t r y w a s c o m p a r e d t o t h e o v e r a l l a v e r a g e o f a l l r e s p o n d e n ts ,
t o y i e l d a d i f f e r e n c e t o t h a t o v e r a l l a v e r a g e f o r e a c h i n d u s try .
A p o s i t i v e f i g u r e m e a n s t h a t p e o p l e w o r k f e w e r w e e k l y h o u rs o r e arn
h i g h e r s a l a r i e s t h a n a v e r a g e ; a n e g a t i v e f i g u r e m e a n s t h e y wo rk m o re
weekly hours or earn lower salaries than average.
I n d u s t r i e s h a v e t h e n b e e n r a n k e d b y s u m m i n g t h e d i f f e r e n c e v s av e rag e
f o r b o t h s a l a r y a n d w o r k i n g h o u r s = t o g i v e a c u m u l a t i v e d i f f e re n c e v s
the overall average.
T h e h i g h e s t - r a n k e d i n d u s t r i e s a r e w h e r e p e o p l e w o r k f e w e r h o u rs &
earn higher salaries.
T h e l o w e s t - r a n k e d i n d u s t r i e s a r e w h e r e p e o p l e w o r k m o r e h o u rs an d
earn lower salaries.
% above or below
Pharma & lifescience Key: average
20.4%
20.4%
Retail Banking
14.2% Retail
1
13.8%
2 3
Business Tech &
4. 10.7% 5. 9.2% 6. Insurance 6.8%
Services E-commerce
10. Telecoms 4.2% 11. Private Equity 3.4% 12. Health 0.6%
Industrial &
13. Media 0.5% 14. Consulting 0.3% 15. -0.4%
Manufacturing
Charity &
19. Property -9.2% 20. Travel -10.8% 21. -11.6%
Social
T h e t h i r d i n d e x l o o k s a t t h e d i f f e r e n c e b e t w e e n i n d e x e s 1 an d 2 , n am e l y ,
i t s h o w s t h e d i f f e r e n c e b e t w e e n s a t i s f a c t i o n w i t h w o r k i n g h o u rs & s al ary
combined vs the actual working hours & salary combined.
I n d u s t r i e s a r e t h e n r a n k e d a c c o r d i n g t o t h e l a r g e s t d i f f e r e n c e b e twe e n
t h e t w o . T h e h i g h e s t - r a n k e d i n d u s t r i e s f o r " X - f a c t o r " a r e w h e re p e o p l e
r e p o r t a b o v e - a v e r a g e s a t i s f a c t i o n w i t h w o r k i n g h o u r s & s a l ary , d e s p i te
actual working hours & salary being below average.
T h e l o w e s t - r a n k e d i n d u s t r i e s a r e w h e r e p e o p l e r e p o r t b e l o w- av e rag e
s a t i s f a c t i o n d e s p i t e a c t u a l a v e r a g e w o r k i n g h o u r s & s a l a r i e s b e i n g ab o v e
average.
F i r s t l y i t c o u l d s h o w h o w s t r o n g a s e n s e o f p u r p o s e p e o p l e f e e l i n th e i r
jobs depending on the industry.
S e c o n d l y , i t c o u l d p o i n t t o o t h e r f a c t o r s t h a t c o u l d b e c o n si d e re d ap art
f r o m s a l a r y a n d w o r k i n g h o u r s ( e . g , t o t a l c o m p e n s a t i o n , p ro g re s s i o n ,
learning & development).
Startup
% above or below
29.6% Key: average
Charity and Social
27.0% Travel
1
18.5%
2 3
Industrial &
4. Consumer 15.1% 5. Leisure 14.1% 6. 12.3%
Manufacturing
Tech & E-
10. 0.0% 11. Health -0.7% 12. Government -0.7%
commerce
13. Private Equity -1.4% 14. Utilities -2.5% 15. Retail -3.5%
Business
19. -16.4% 20. Consulting -19.2% 21. Telecoms -21.2%
Services
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