Saturday, March 01, 2008

Result of Salary Survey

More than 4,000 City bankers earned a bonus of over £1 million last year. (source)

Meanwhile, Liz Hurley and her tycoon husband paid their maid just £1.20 an hour. (source)

Us advertising folks? We're somewhere in the middle.

My own view is it's pointless comparing our salaries with those paid in other industries. We generate more wealth than doctors, but their job requires more training. We're smarter than footballers, but there are fewer people with great ball control than can write a decent ad.

But for your own happiness, it's important to feel you're being paid a fair wage in relation to your industry peer group. That's why - embarrassing as it is - I think it's well worth sharing salary information with a small group of trusted peers.

If you don't know what you should be earning, you could get screwed. Of course, you could still find yourself getting screwed even if you DO know what you should be earning. But at least you'll know about it.

Previous poll results:
Friday Poll No.19 - What Do You Think Of Our Trade Rag?
Friday Poll No.18 - Should A Creative Look Creative?
Friday Poll No.17 - Ad Of The Year 2007
Friday Poll No.16 - Do Difficult People Do The Best Work?
Friday Poll No.15 - Who Is Responsible For Ineffectiveness?
Friday Poll No.14 - Your Personal Success Record
Friday Poll No.13 - Which Department Is The Most Insane?
Friday Poll No.12 - What Music Do You Listen To While Working?
Friday Poll No.11 - What Time Do You Get In?
Friday Poll No.10 - Who Drinks The Most?
Friday Poll No.9 - Press v Online
Friday Poll No.8 - Success Or Glory?
Friday Poll No.7 - Is Reading Blogs A Waste Of Time?
Friday Poll No.6 - Job Satisfaction
Friday Poll No.5 - Festive Greetings
Friday Poll No.4 - Ad Of The Year 2006
Friday Poll No.3 - What's Your Favourite Medium To Work In?
Friday Poll No.2 - Agency Of The Year
Friday Poll No.1 - Which Department Is The Most Overpaid?


Rana said...

Discussion point, not argument. How do we generate more wealth than doctors? Does it depend upon how much wealth we attribute to a saved human life?

Scamp said...

Well, that's my point really. No valid comparison is possible. So let's not worry about who is earning more.

Alan Wolk said...

It's not doctors RNB. But I've done a few posts on how little we earn compared to other professionals who don't add any sort of value: lawyers, Wall Street (The City).

I mean there are plenty of 27 year old not-particularly-superstars at investment banks who earn twice what a Juan Cabral will make at the top of his career.

Sort of puts it all into perspective.

Anonymous said...

Fuck human life.

I've got a Creative Circle Bronze!

Anonymous said...

is advertising more valuable than medicine? uh, ooh, let me see..clearly not. but doctors and nurses get to work until they're 65. we don't.

and if you have children to put through college, as i do, that's a seriously big real problem. not a subject for theoretical philosphical musing.

rnb: we generate more wealth by driving the capitalist consumer engine. would have thought that was obvious. we have an outsized effect on society through the media. and way more stress to deal with than any so-called "doctor".