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Please Take Part In The 2010 MR Recruitment Treasury Salary Survey

It’s that time of year again – it’s time for the 2010 MR Recruitment Treasury Salary Survey!

Last years survey was a mammoth undertaking but we managed to produce a 123 page Treasury Salary Survey that reviewed and analysed the salaries of 555 treasury professionals at all levels from Treasury Assistant through to Global Treasurer. The survey was greeted with dismay in some quarters and delight in others. There were winners and losers in all corners of the world and as our title suggests it’s that time again!

We want to ask you to spare us 5 minutes of your increasingly busy day to take part in the latest survey.

The survey is 100% confidential and free to participate in and as always the full survey is only available to those treasury professionals who take the time to take part.

If you want to take part then click on the 2010 Salary Survey link below.

Or if you want to review the 2009 Highlights before deciding then click on the Highlights Link below.






Background To The Survey
The MR Recruitment Salary Survey was created in 2002 as we had become increasingly frustrated by the poor standard of the salary surveys that were available, especially those that tried to focus on Treasury Salaries but failed to provide any real insight into the overall compensation of Treasury Professionals.

Both candidates and clients often complained to me that the surveys that were available delivered “finger in the air” generic salary ranges that failed to take account of the specialist nature of treasury. There was no mention of the relative seniority of position, scope of role or geographic responsibility encompassed within a role. We often doubted the authenticity of the figures supplied and out of this morass the MR Recruitment Treasury Salary Survey was born!

Our survey offers clients an objective and thorough understanding of treasury salaries that actually demonstrates how treasury professionals actually feel about their levels of compensation. To ensure accuracy, we confirm the compensation data of all treasury professionals who take part, from Treasury Assistants to Group Treasurers.

UK sterling is the current choice of base currency for the survey using the following conversion rates; GBP £1 being equal to CHF – 1.65960, EUR – 1.10224, USD – 1.64945, these rates were assessed on 27th November 2009 via xe.com. The base currency for the survey may change as the survey continues to grow and if the Euro overtakes the £ in terms of participant numbers.

The following chart illustrates the current geographic breakdown of the survey -



Division of Groups
In the last study conducted we had 555 valid participants and we expect the survey to exceed 700 by the time of publication of the results in early January. Per our previous survey, we will divided our 2010 survey sample into major categories such as Treasury Assistant, Treasury Analyst, Treasury Manager, Assistant Treasurer and Group Treasurer. There may be more than five divisions in our 2010 survey according to the range of participants who take part this year. Other categories may include Deputy Treasurer, International / Regional Treasurer, Treasury Accountant, Treasury Consultant and Treasury Dealer.

The divisions were created using the same range of objective measures as our last survey, these include; size of company, seniority within the treasury department & relative size of the treasury department. In our experience, a Group Treasurer at one company may be equivalent to a Treasury Manager elsewhere so we used our specific treasury recruitment expertise to distinguish between & categorise individuals.

As always, the survey is designed to give information that is meaningful and realistic, rather than generic ranges of salary data. We will also further divide the groups according to separate geographic regions, enabling us to better illustrate where in the world treasury professionals need to be to in order to earn the greatest reward.

What Happened To Salaries In 2009? What Does 2010 Look Like?
We will be writing about the latest set of results in our next Electronic Newsletter, in which we’ll also be comparing and contrasting the 2009 results with the 2010 results. We will also include commentary about the trends we have seen in the past twelve months and predict what we believe the future trends and patterns will be in 2010. The survey often provokes lively debate and I’m sure this year will be no different!

Following a variety of client requests we will also be producing some individualised sets of results for our clients and candidates, again these will only be available to those who have taken part in the survey.

Individual survey results are likely to include:

• A Swiss Regional Survey
• A Review Of Salary Differentials Between UK & Continental European Based Treasury Professionals

Again thanks got to all those who have taken part in our latest survey, you make it the interesting & valuable document it is.

MR