UK jobs vacancies rise against drop in advertised salaries, report reveals

The number of advertised jobs vacancies has risen over the course of March by 24% compared to the previous year, but the average starting salary has decreased by £1,800 over the same interval, a new report released by recruitment company Adzuna has recently revealed.

UK jobs vacancies rise against drop in advertised salaries, report reveals image 1

Statistical figures obtained from research that involves more than 300 job advertisers also suggest that the number of jobs advertised in March was 5.3% higher than the previous month, with 841,011 roles advertised. Nevertheless, the average salary of these positions was £31,818, down from £32,203 in February and over £33,600 in March 2013.

Adzuna’s analysts believe that the change was due to a shift from public to private sector jobs, the former being typically associated to an average salary premium of between 2.2% and 3.1%. London was particularly affected by this trend but, nevertheless, for every public sector job lost in the capital since 2011, eight private sector jobs have been created.

Adzuna co-founder Andrew Hunter commented on these findings: “Output and demand are increasing, and as talent becomes harder to source, employers will need to start increasing wages in order to attract the best staff,” he said.

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