- 54% higher salary than Class C and E LGV Drivers who typically earn £27,610 per year
- 62% higher salary than the average skilled operative; £22,634
Proof that pay is still a major motivator is reflected in a recent news story about Virgin Trains, who advertised 78 positions with an average annual salary of up to £60,000, received over 15K applicants.
High pay for train drivers is a result of the responsibility for looking after the safety of thousands of passengers each day. However, as drivers report in to managers, they would most likely be classed as highly skilled operatives, which makes their earnings 62% greater than the average worker at this level.
They are also among the highest paid drivers, with many Class C and E LGV drivers earning 62% less. Although more candidates are looking at employee benefits packages when choosing where to work, it is interesting to see that pay is still at the top of the agenda for many.
Organisations that are looking to attract top talent will need to benchmark the salary to ensure that it is competitive in the marketplace. To retain existing staff, undertaking a pay and grading review is advisable to update your remuneration strategy in a way that manages cost control against the demands of your organisation.
To find out more about how Croner Reward can help you to attract or retain staff, please call 0844 728 0103 or e-mail firstname.lastname@example.org