Nigel Wright Recruitment’s 2019 North East Finance Salary, Skills & Benefits Report is the most comprehensive report about what finance professionals in the North East are earning and what benefits they are enjoying from their employers. The report covers/includes:
Nigel Wright’s annual salary survey questionnaire is sent to over 30,000 professionals at all levels across the North East of England. This report has been compiled from the answers of people identifying themselves as having a finance discipline.
The North East is a highly attractive market for financial services companies and indeed any company that needs to employ experienced finance and accounting professionals.
The region has a thriving and well-established cluster of financial and related professional services companies, employing over 47,000 people in banking, accounting, insurance, fund management and related financial services such as management consultancy and legal services. Indeed, it’s a misnomer to think that the majority of Financial Service employees are based in London, because two-thirds are based outside. In Newcastle, Virgin Money (now part of the CYGB) has a formidable workforce, Atom Bank is headquartered in County Durham, and Newcastle & Darlington Building Societies have a combined workforce of over 1,000.
The “big four” (EY, KPMG, PwC and Deloitte) are all present in the region, as are outstanding regional companies such as UNW, MHA Tait Walker and Clive Owen, who together match the regional workforce of the big four. There is also a counterpart to the regional financial services landscape with a North East contact centre cluster that employs a further 40,000 people for global companies including Barclays, Santander, EDF Energy and Virgin.
This report provides insight into the salaries, skills and benefits associated with finance professionals working in the North East of England in 2019.
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