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Top ten: The highest paying companies in the UK

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Bringing together companies from the technology, banking and consultancy sectors, employer review website Glassdoor found that the best ten paying companies range from £73,000 a year to £90,000 a year.

In examining why technology companies led the way with five entrants, Glassdoor chief economist Andrew Chamberlain said it comes down to shortages of the highest-skilled employees. “Booming demand on a global scale for software engineers, database administrators and data scientists has far outpaced the supply of these skilled, hard-to-find employees,” he said.

“With tech companies scrambling to poach these valuable workers from competitors, a bidding war has pushed tech salaries to unprecedented heights in recent years.”

The only UK-headquartered company to make the list was Nomura International, a division of Japanese organisation Nomura Group which pays a median total compensation of £74,990 (including things like bonuses).

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Banks still continue to pay large salaries, with Chamberlain attributing this to the “sizeable profits” a talented banker can produce.

“In return, they can often be generously compensated for their deals as part of their bonus incentive programme,” he added. “There’s also a theory that pay in the industry is high because of the stress associated with these jobs. Protracted hours, high stress and big risks mean workers demand a premium in these roles.”

The highest paid British positions can be found at German software company SAP – which dishes out pay checks averaging out at £90,000.

(1) SAP
Median total compensation: £90,000
Median base salary: £75,000

(2) EMC
Median total compensation: £86,500
Median base salary: £70,000

(3) McKinsey & Company
Median total compensation: £85,499
Median base salary: £78,000

(4) Boston Consulting Group
Median total compensation: £83,311
Median base salary: £80,000

(5) Facebook
Median total compensation: £79,500
Median base salary: £68,420

(6) Deutsche Bank
Median total compensation: £75,000
Median base salary: £65,000

(7) Nomura International
Median total compensation: £74,990
Median base salary: £65,000

(8) Cisco Systems
Median total compensation: £74,000
Median base salary: £58,952.5

(9) Google
Median total compensation: £73,300
Median base salary: £60,225

(10) BNP Paribas
Median total compensation: £73,000
Median base salary: £62,000

In April, NonExecutiveDirectors.com’s Andrew Roberts asked – should executives have to reveal their pay?

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