Digital creatives hit hardest as agency salaries decline
Pay dropped for almost all agency roles in the past year, according to the Marketing Agencies Association, which has more than 80 members in the digital and integrated space.
Research found that the steepest declines were among mid-level digital creatives, who earned a fifth less than they did in 2012.
Overall marketing agency salaries dropped by 1.8 per cent to an average of £51,494 between March 2012 and March 2013, but that of digital art directors and copywriters declined by 20.8 per cent year on year to £38,000.
Salaries in traditional roles such as account handling and planning, and those at board level, dropped by single digits.
The overall decline suggests that the pay increase reported in the 2012 annual survey might have been a blip.
Average wages in the digital sector declined by 3.9 per cent year on year to £52,479, indicating that the period of above-inflation increases in new media has come to an end.
However, digital strategists reported the greatest growth in the survey.
A head of digital strategy’s salary was likely to have risen by 16.5 per cent year on year to £82,500, with junior digital strategists’ pay up 45.3 per cent to £31,500.
Omaid Hiwaizi, the chair of industry innovation at the MAA and the planning director at SapientNitro, said: "There are few who have the prerequisite mental dexterity and polymath traits required to deliver powerful digital strategies, so those that can are at a premium."
This article was first published on campaignlive.co.uk
- Account Manager - Fantastic London Agency Blue Skies Marketing Recruitment £28000 - £32000 per annum, Benefits: Great agency benefits , London
- Account Manager Blue Skies Marketing Recruitment £28000 - £35000 per annum, London
- Head of Social - Top London Agency Blue Skies Marketing Recruitment 70000, London
- Digital Director - Integrated Entertainment Marketing Agency - London - £50k - £60k - NP205 Stonor £50k - £60k, London (Central), London (Greater)
- Account Manager (ALL MEDIA) Dot-Gap £35k, London (Central), London (Greater)
- Google's European leader says viewing habits are 'changing dramatically'
- Tesco media review pits Initiative against MediaCom and ZenithOptimedia
- Martin Sorrell talks Maurice Lévy, Tesco, and the global outlook
- Land Rover to move global ad account into Spark44
- Viacom to bring Breaking Bad to Freeview with Spike launch
- 'Advertisers are snake oil salesmen', says Peter Oborne