Benchmarking survey report 2023

APPRENTICES AVERAGE ANNUAL SALARY HAS FALLEN FROM £19,000 LAST YEAR TO £16,665 THIS YEAR. Entry level payroll professionals now average over £27,700 per year. This is an increase of over £2,200 from last year’s average. With an average salary of almost £47,921, middle management have seen a significant rise. Senior management level has fallen slightly short from last year, dipping from an annual average of £57,000 to £56,137. The executive level average annual salary remains high, with an annual average of £106,245, whereas last year the average remuneration was just over £100,000.

Summary of average annual salaries for roles specified

£106,245

£56,137

£47,921

£27,714

£16,665

Apprentice level

Entry level

Middle management level

Senior management level

Executive level

Amounts rounded to the nearest whole pound

21

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