Salary survey reveals recruiters remuneration down

A major survey into the salaries of recruitment professionals across the UK has shown that money is tight in the sector that drives the UKís labour market.

Conducted by leading recruitment to recruitment firm Heywood Associates, and published by the trade title The Recruitment Consultant, the poll shows that sectors like IT and banking have been seriously affected by the downturn in the economy.

Some recruiters have seen their pay packets drop by as much as 50 per cent as commission schemes and basic salaries are tightened up by companies who need to cut costs.

However markets like legal, healthcare and construction continue to perform well and are proving resistant to the difficult economic climate. Overall around 7,000 people have stopped working in the sector over the last year, ending a period of growth that stretches back to the mid-nineties.

But in such a fragmented sector itís not all doom and gloom and a top level executive search professional working in London can expect to take home 170k