Industry pay levels are holding up

- Last updated on GMT

Related tags: Industry

Food industry salaries compare favourably with pay in many other sectors, according to the latest annual salary survey by Croner.The average food...

Food industry salaries compare favourably with pay in many other sectors, according to the latest annual salary survey by Croner.

The average food sector director earns £65,000 a year compared with £60,900 recorded for all sectors. Directors in mechanical engineering earn around £55,825 and those in other manufacturing sectors £58,362, said Croner. Financial services directors come top with £79,722.

Lower down the ladder, most food industry managers were among the higher earners. Middle managers' average salary of £30,000 was just under the £30,152 average across all sectors surveyed by Croner, but other managers received more than the national average for their grade.

In food manufacturing, mds received £80,275, commercial directors £70,750, marketing directors £56,911, works/factory managers £49,024 and production/ manufacturing managers £30,500, but pay varied according to location. The national average for directors was £65,000 as against £76,750 in the north-east, £75,000 in London and £72,000 in the south-west. The national middle manager average of £30,000 compared with £34,000 in the West Midlands, £31,000 in East Anglia and £30,800 in London.

Croner found that in food manufacturing the last pay rise was 3%. It predicts the next will be the same.

Related topics: Business News

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