Recently in 80 - IT & Telecom Staff Spend Category
Medium sized printing companies outspend all other similar sized manufacturing firms in their outlay on IT & telecom staff. At almost £600k per enterprise it is a third greater than next placed beverages & tobacco manufacturers. They in turn commit 8% more than electronic & optical concerns.
Source: IT & Telecom Spend - 80 Industry Sectors (www.kewassociates.co.uk)
Medium sized management consultancies typically have an expenditure of £1.5m on IT and telecom staff. They are the largest such spenders in the professional & technical industry segment followed closely by advertising companies. The lowest outlay is by accountancy firms.
Large banking & finance institutions' outgoings on IT & telecom staff is £4,000 per employee. This is marginally less than that for medium sized institutions. The lower figure for the former reflects greater outsourcing of staff. Overall banks & financial concerns spend four times more on IT & telecom staff than all UK organisations.
Publishing houses have an expenditure of £2,000 per employee on IT & telecom staff. This is twice the average for all UK organisations. The difference extends to a factor of three for large enterprises.
Banking & finance institutions with 100-999 employees typically spend £1.2m each on IT & telecom staff. This is a little ahead of life insurance and auxiliary financial & insurance concerns where the outgoing is £1.1m. General insurance companies expend £800k.
Large firms in the computer industry typically spend £180m each on IT & telecom staff. The outlay for a large telecommunications company is £130m. For an information services provider the sum invested is £70m. Next in line are banking & finance institutions, each spending on average £40m.
Medium sized business services companies have IT & telecom staff costs which vary considerably by sector. At the top end, management consultancies invest over £6k per employee whilst for professional & technical services firms it is almost £5k. This is in stark contrast to the meagre £250 spent by buildings & landscape services organisations.
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