European IR heads have a median salary of $150,000-$199,999, matching the global norm, according to the IR Magazine Global Salary Report 2016.
But a substantial minority (48 percent) earn less than $150,000, compared with 28 percent who earn $200,000 or more. The median salary for European IROs remains at $75,000- $99,999. Nearly two thirds (64 percent) of European IROs have a base salary of under $100,000, while 14 percent are paid $150,000 or above.
European heads are the least likely to receive a bonus and typically their bonuses are the lowest percentage of salary for the three regions.
The greatest equality in pay between men and women is found among European heads of IR. Not only do male and female IR heads share the same median salary range ($100,000-$149,999), but there are actually more women bosses than men earning above the median (47 percent to 49 percent).
There are, however, more European women heads of IR earning below $100,000 (29 percent of female European IR heads compared with 22 percent of males).
Europe is also the best place, salary-wise, for female IROs/IR managers. Although median pay for men at this grade is one bracket higher than it is for women, the difference between the number of men earning at least $100,000 and the number of women earning the same – 20 percent and 17 percent, respectively – is just 3 percentage points.
Read the full IR Magazine Global Salary Report 2016 here.
