Interesting to see latest Adzuna job Market report which shows an increase in average advertised salaries. At the same time the number of advertised roles remains static. As usual, London leads the way, highlighting the regional discrepancies.
UK average advertised salaries hit 19-month high Average UK advertised salaries have reached their highest figure since May 2016, according to Adzuna. The 1.9% improvement in the year to December means the average advertised wage is now £32,940. Following an ongoing pay squeeze, UK average salaries are starting to show signs of sustained growth. Inflationary pressure has meant that in real terms any increase in wages has been marginal, but despite this, average salaries are continuing to follow a positive trajectory. For jobseekers, the temptation to seek new, attractive pay packages is greater now than ever as salaries were particularly stale in the second half of 2017. Keeping the labour market buoyant with new opportunities creates further competition and places bargaining power in the hands of jobseekers to negotiate better pay.