HR salaries in the UK will rise in 2016, with the highest growth in the North West in 2016 at 5% and salaries in London growing by 3%, according to the results of the latest Robert Walters Salary Survey.
Growth in the North West is being fuelled by legal and financial services firms outsourcing mid and back office functions to the regions.
"Major legal and financial employers, having moved mid and back office functions to the North West, are now keen to take advantage of the highly educated workforce in the region, taking on new staff and upskilling them internally with the aim of long term retention," said Nick Allwood, Manager for HR Recruitment, Robert Walters Manchester.
Additionally, employers in the North West are looking to invest in securing top talent for internal development and training positions, driving salaries up for specialists in this area.
The North West enjoyed strong economic growth in 2015, with a number of major firms near shoring their mid and back office functions in the region
- Salaries for HR professionals in the North West are set to rise 5%,
- Salaries for HR professionals are set to rise 3% in London
- Salaries for HR specialists in internal development and pay and compensation will see the strongest growth
Niche industry and international experience sought after
In addition to demand for training and development specialists, salaries for certain internal recruitment roles are increasing as competition grows for professionals with niche expertise. Salaries for roles such as head of talent/recruitment are expected to see an 8% increase.
Internal recruitment specialists with a background of working outside of the UK or with foreign language skills are set to remain in demand throughout 2016.
Among sectors like lean manufacturing, employers are competing for recruitment managers with international experience. This is forcing them to draw talent from a relatively small pool.
“Overall, employers are keen to invest in increasing headcount and staff development, and they are looking to fill internal development and training roles to achieve this," said Nick Allwood.
As a result of these strategic changes top professionals in these areas have the potential to secure significant salary increases.
Learn more about how much you could earn using the Robert Walters Salary Survey.