Salaries rise 2.6%

Monday, October 27, 2014

Professional hiring returns to pre-recession levels

  • Salaries rise by an average of 2.6% across all professional roles in finance and accounting, financial services, information technology and administration
  • Salaries not enough to retain top performers: candidates look for flexibility and extra perks and benefits
  • New roles and above average salaries reflect need to rebuild business growth rather than just cut costs
  • Renewed need for decision makers to be involved in recruitment process to speed it up and secure chosen candidates

The UK employment market continues to improve and demand for specialist occupations far outweighs supply, resulting in talent shortages in niche areas.