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One in Eight British Jobs Pay Over £50k

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Ahead of the ONS latest report on the highest paid jobs in Britain, CV-Library, the UK’s largest job site has revealed that 12.5% of jobs in the UK pay over £50,000. Yet, surprisingly, just 5% of candidates are seeking premium salaries.

The job site looked at roles advertised between 1st November 2014 – 31st October 2015 and discovered that over 189,000 of the 1.5 million jobs offered a salary of over £50,000. Furthermore, data from the same period the previous year revealed similar proportions (12% paying over £50,000), suggesting minimal growth in the number of high-paid roles in Britain over the last two years.

Lee Biggins, founder and managing director of CV-Library, explains:

“Whilst many roles are experiencing slight declines in salary, we are seeing small increases for management level jobs. Difficulties finding the right talent have attributed to this.”

Comparable candidate data revealed that of the millions of professionals looking for new roles between Nov 14-Oct 15, just 5% of them were hoping to achieve a salary of over £50,000.

Commenting on the lack of candidates seeking higher paid roles, Biggins concludes:

“The fact that only one in 20 job hunters are seeking a salary over £50,000 prompts concerns over potential skills shortages in the future. However, given that there are high-paying jobs available and few candidates applying to these vacancies, there’s a more immediate concern over the lack of self-belief among UK workers. With the right qualifications and a drive to succeed, more candidates should be keeping their eyes peeled for these high-paying opportunities and striving to exceed their career ambitions.”

To find out more about CV-Library, visit here.

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CV-Library is one of the UK’s largest online job sites, with the UK’s biggest database of over 12m CVs. The company was founded in 2000 as a response to Lee’s identification of a market niche. As a young carpet fitter at the time struggling to find work, Lee saw a need for an easy-to-use job board benefiting both job hunters and recruiters. With a £9k loan and help from a web developer, the CV-Library website was built. Lee’s raw passion and hands-on marketing strategies lifted the business off the ground and it is this that continues to push his company to new heights.

The business is now one of the fastest growing websites in the country. The team is expanding rapidly, now employing over 200 staff. It has also launched sister website, Resume Library, in the US, where the company is set to expand and take the brand global over the coming years. Lee puts the reason for his success down to working incredibly hard, loving what he does and a strong desire to make the business the best it can be.

Lee has received over 50 awards and accolades to date and was last year recognised as Entrepreneur of the Year. In April 2015 CV-Library was also ranked as number 49 in the Sunday Times Profit Track 100.

 

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