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Economic Confidence and Skill Shortages to Create Pay Pressure for Employers in 2016

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According to the Hays UK Salary & Recruitment Trends 2016 report, an annual survey of over 20,000 employers and employees in the UK, increased business confidence, a more fluid jobs market and the UK’s skill shortages will create unprecedented pressure on employers to increase salaries next year.

• Salaries increased by 2.3% in 2015, with over two thirds of employers expecting to increase pay again next year
• 59% of employees expect to move jobs within the year and over half will enter 2016 dissatisfied with pay
• War for talent continues with 74% of employers looking to hire additional staff next year
• Over three quarters cite a lack of suitable candidates as one of their biggest challenges when recruiting

Salary pressure increases in 2015

The analysis of salary data from Hays job listings, job offers and candidate registrations showed salaries in 2015 grew on average 2.3% nationally, up from 1.8% in 2014, with employees in construction and IT seeing the biggest jumps, at 3.6% and 2.8% respectively.

SOURCE: recruitment-international.co.uk

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Teri has over 14 year’s experience in and around the recruitment industry, working her way up from a Trainee Consultant for a large national agency to UK Country Manager for publishing business Recruitment International.

Recruitment International provide news, information and events to recruitment businesses. Although we have operations across Asia and Australia Teri manages the UK operation. Working across the board with start-ups, SMEs and established recruitment business, making the right introductions at the right time to enable growth. This will be through intimate tailored dinners and lunches as well as training sessions and large conferences. The RI VPP club enables recruitment agencies to take full advantage of all RI has to offer.

That’s not all, we work with selected industry suppliers to ensure their product or service is perfectly placed to showcase their offering, again this will be across a variety of mediums – print, digital, online, conferences etc

We currently provide a monthly magazine and daily news emails – which are free to subscribe to, interactive website, conferences, learning events as well as social events.

 

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