Recession and unemployment stall salary levels across UK

-

Permanent salaries advertised in the UK have stalled, according to new data released by leading recruiter Office Angels and mysalarychecker.com*. The statistics reveal a marginal decrease (-0.14%) in the average advertised salaries for all general staffing roles, compared to last month.

 

Continually high levels of unemployment mean that demand for roles is fierce across the board, and in some cases, this is putting pressure on salaries to reduce. Continued economic uncertainty, as evidenced by the double-dip recession, also means that businesses are striving to keep costs down wherever possible.

 

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Despite all advertised salaries stalling month on month, certain roles have shown a particular increase or decrease since this time last year. PA and Office Manager roles have fared especially well, with average advertised salaries increasing 4.7% and 3.9% respectively, to reflect the increasingly wide skills range and additional responsibilities now associated with these roles.

 

Customer service roles, meanwhile, have suffered the most from the high level of available candidates and competition for roles, with average salaries decreasing by -7.1% year on year to just £16,905, one of the lowest average salaries in general staffing.

 

Steven Kirkpatrick, Managing Director at Office Angels, said, “These figures suggest that there is still uncertainty in the jobs market and we are not quite over the brow of the hill yet. With Britain re-entering the recession and unemployment figures still very high, especially amongst young people, a combination of strong competition for roles and a lack of spare cash within businesses means that increasing salaries is not a priority for many companies. Nevertheless, talented jobseekers can still be hard to find, and for the best in the market – those who can demonstrate the right skills and experience – salaries will continue to remain competitive.”


Latest news

Workplace belonging ‘rises to highest level in a decade’, but many workers still feel excluded

Most UK employees now feel a sense of belonging at work, but many still do not feel consistently valued or included.

Workers turning down jobs over company reputation as Gen Z demands values match

Younger workers are increasingly rejecting employers over company culture, leadership behaviour and reputation before interviews even begin.

Bill Winters on ‘lower-value human capital’

“It’s not cost-cutting. It’s replacing in some cases lower-value human capital with the financial capital and the investment capital we’re putting in.”

Half of UK workers say their jobs are damaging their health

Rising levels of stress, fatigue and inactivity are affecting workers across the UK, with growing concern over long-term health and job performance.
- Advertisement -

Transgender staff excluded from single-sex toilets under new equality guidance

Transgender people must be excluded from single-sex toilets and changing rooms that correspond with their lived gender under updated...

Simon Coker: Closing the emotional gap – why AI in the workplace is as much a human challenge as a technological one

AI adoption is transforming how work gets done across every sector. But its deeper impact is less visible: it is reshaping how people feel about their work.

Must read

Jonathan Richards: Time is money – how HR consultants can optimise their business operations

Congratulations, and welcome to the ranks of the self-employed! According to the Office for National Statistics, this is a group which is ever-increasing, with 15.1 per cent – 4.86 million people – of the UK population categorised as self-employed.

Sue Evans: The time is up for default retirement

The Government has now confirmed that the current default...
- Advertisement -

You might also likeRELATED
Recommended to you