“Less staff turnover, more skilled workers"

22nd April 2010

The annual CFDG and Hays Salary and Employment Survey was released today; with more than 25% of CFDG members taking part this gives a detailed picture of the Sector. David Membrey, Acting Chief Executive of CFDG says, “The results of the survey show that the sector’s response to the recession has had an impact on salaries, recruitment and staffing levels in 2009, as well as on hiring policies and pay reviews going forward through 2010.”

However staff turnover rates have dropped with just under two thirds of respondents stating that they had no turnover at all. Similarly, retention of staff with specific skills is not a concern to the sector, and the calibre of applicants in finance and accounting positions has greatly improved; although many respondents are concerned that once the economy picks up there may be an exodus back to the private sector.

The trend for benefits continues, with generous holiday entitlement remaining the most commonly offered benefit of working in the charity sector. The next most prevalent is a defined contribution pension at 76%, which has risen from 66% in 2008. David Membrey adds that he is “pleased to see so many charities bringing in pension provision for all staff in the run-up to the changes in pension legislation that will be brought in after 2012.”

For the first time CFDG polled respondents on the gender profile of their finance team. The survey found that across the sector there is a gender balance with 52% male, and 48% female. However, female respondents are, overall, less happy with their work-life balance, with only 44% rating it as above average.

To find out more, please take a look at the survey.

The survey was kindly sponsored by and produced with Hays.

- Ends -

Notes to Editors:

1. The Charity Finance Directors' Group was set up in 1987 and is an umbrella group that specialises in helping charities to manage their finance-related functions. CFDG’s circa 1700 members are responsible for the finances of charities with a wide variety of income levels. Between them our members manage some £17.4 billion in charity income per year. For further information please contact Megan McInally, Policy Manager, on megan.mcinally@cfdg.org.uk or 020 7785 6426.

2. Hays plc (the "Group") is the leading global specialist recruiting group. It is the expert at recruiting qualified, professional and skilled people worldwide, being the market leader in the UK and Australia and one of the market leaders in Continental Europe. It operates across the private and public sectors, dealing in permanent positions, contract roles and temporary assignments.

The Group employs 6,933 staff operating from 345 offices in 28 countries across 17 specialisms.

For the year ended 30 June 2009:
The Group had revenues of £2.4 billion, net fees of £670.8 million and operating profit of £158 million.
The Group placed around 50,000 candidates into permanent jobs and around 270,000 people into temporary assignments.
The temporary placement business represented 56% of net fees and the permanent placement business represented 44% of net fees.

For further press information please contact Sarah Swailes at sarah.swailes@hays.com or on 020 7259 8821

  • Email
  • Twitter
  • Facebook
  • Linkedin

© Charity Finance Group / © Charities Resource Network / Registered Office: 15-18 White Lion Street, London, N1 9PG.
A Company Limited by Guarantee. Registered in England No. 3182826, Registered Charity No. 1054914, Registered VAT No. 945 6038 09.