Anti-deathwatch: Salaries

26 August 2014

wages Salaries are showing signs of increasing for the first time since the financial crisis, says obscure-ish jobs search engine Adzuna.

The average salary has had an 0.9% advance on the previous year while the number of vacancies were up by a quarter to 872,629, said the report, which comes based on online job vacancies from more than 300 sources.

They've even broken their findings down into areas of the UK, which showed that all parts of the country benefited from a salary rise, except London.

The biggest rise in salaries came in Wales with 19%, with south-west England 7% and 6% in north-east England. London actually recorded a 1% fall in salaries.

The coincidentally named Andrew Hunter of the job hunter website Adzuna said:

"The UK job creation boom has become a double-edged sword, creating record highs in employment rates at the expense of stagnating wages. For once we can see good levels in both job creation and wage increases. And as the UK motors on towards full employment, we may well see wages increase at a higher rate as employers begin a bidding war for skills."

It's all quite good news isn't it? People no longer having to sign on and that.

TOPICS:   Banking

1 comment

  • nick
    Looking forward to my 3% pay rise, active from the end of August. Thanks Sainsbury's!

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