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| Executive pay rates in construction | |||||||||
| Positions | Building sector salaries have risen 4% | Housing sector salaries have risen 5% | Civil engineering salaries have risen 4% | ||||||
| Typical (£) | Minimum (£) | Maximum (£) | Typical (£) | Minimum (£) | Maximum (£) | Typical (£) | Minimum (£) | Maximum (£) | |
| Company turnover £151m plus | |||||||||
| chief executive | 215,280 | 169,520 | 242,216 | 282,555 | 198,450 | 315,000 | 209,924 | 135,200 | 218,400 |
| managing director | 150,696 | 135,616 | 169,520 | 176,610 | 132,300 | 185,220 | 152,880 | 135,200 | 161,200 |
| main board director | 93,906 | 73,602 | 106,218 | 148,365 | 120,750 | 154,350 | 94,744 | 78,000 | 98,280 |
| regional managing director | 82,188 | 73,602 | 105,624 | 148,365 | 132,300 | 154,350 | 74,516 | 62,400 | 83,200 |
| regional director/manager | 76,032 | 70,416 | 82,188 | 114,135 | 94,500 | 116,300 | 59,904 | 52,000 | 72,800 |
| Company turnover £51-150m | |||||||||
| chief executive | 107,580 | 89,375 | 119,515 | 210,840 | 181,650 | 231,000 | 113,048 | 93,600 | 135,200 |
| managing director | 88,825 | 83,710 | 96,580 | 136,920 | 121,275 | 176,400 | 94,952 | 72,800 | 98,800 |
| main board director | 77,440 | 66,055 | 83,710 | 102,690 | 88,200 | 110,250 | 67,808 | 55,120 | 72,800 |
| regional managing director | 77,440 | 69,465 | 83,710 | 102,690 | 88,200 | 110,250 | 64,584 | 57,200 | 71,760 |
| regional director/manager | 65,450 | 54,065 | 71,720 | 79,905 | 66,150 | 93,975 | 62,192 | 49,920 | 70,200 |
| Company turnover £0-50m | |||||||||
| managing director | 79,905 | 68,460 | 91,297 | 102,690 | 88,200 | 105,000 | 69,992 | 59,280 | 75,920 |
| director | 62,475 | 51,607 | 71,715 | 85,312 | 66,150 | 88,200 | 62,192 | 52,000 | 67,600 |
| Executive benefits | |||||||||||||||
| Positions | Building sector | Housing sector | Civil engineering | ||||||||||||
| car type | pension type | profit share % | share options | family healthcare | car type | pension type | profit share % | share options | family healthcare | car type | pension type | profit share % | share options | family healthcare | |
| Company turnover £151m plus | |||||||||||||||
| chief executive | A | TH | 40 | yes | yes | A | TH | 50 | yes | yes | A | TH | 20 | yes | yes |
| managing director | A | TH | 40 | yes | yes | A | TH | 50 | yes | yes | A | TH | 20 | yes | yes |
| main board director | A | CO | 30 | yes | yes | A | CO | 50 | yes | yes | A | CO | 20 | yes | yes |
| regional managing director | B | CO | 30 | yes | yes | B | CO | 50 | yes | yes | B | CO | 20 | yes | yes |
| regional director/manager | C | CO | 20 | yes | yes | C | CO | 50 | yes | yes | C | CO | 20 | yes | yes |
| Company turnover £51-150m | |||||||||||||||
| chief executive | A | TH | 30 | yes | yes | A | TH | 50 | yes | yes | A | TH | 20 | yes | yes |
| managing director | B | CO | 30 | yes | yes | B | CO | 50 | yes | yes | B | CO | 20 | yes | yes |
| main board director | B | CO | 20 | yes | yes | B | CO | 50 | yes | yes | B | CO | 20 | yes | yes |
| regional managing director | C | CO | 20 | yes | yes | C | CO | 50 | yes | yes | C | CO | 20 | yes | yes |
| regional director/manager | C | CO | 20 | no | yes | C | CO | 50 | no | yes | C | CO | 20 | no | yes |
| Company turnover £0-50m | |||||||||||||||
| managing director | B | CO | 20 | n/a | yes | B | CO | 50 | n/a | yes | B | CO | 20 | n/a | yes |
| director | C | CO | 20 | n/a | yes | C | CO | 50 | n/a | yes | C | CO | 20 | n/a | yes |
| Key to benefits: | |||||||||||||||
| Company cars: A: Luxury, eg Jaguar/Mercedes, E Class - B: Executive, eg BMW 5 Series, Mercedes C Class - C: Two litres, eg Executive/Omega 2.0 | |||||||||||||||
| Type of pension: TH: Top hat - CO: Company scheme | |||||||||||||||
| Profit share/bonus: Approximate % of salary | |||||||||||||||
| This guide was compiled in October 2002, based on data gathered by Hays Executive, a division of recruitment consultant Hays Montrose. | |||||||||||||||