The Robert Walters Global Salary Survey for 2016 has been released. The annual survey contains recruitment market updates, hiring advice and benchmarks salaries across our global markets.
Here we discuss the outlook for the UK in 2016.
Hiring trends across the UK
The UK continues to bounce back from the recession as market confidence increases and companies shift from replacement recruitment to expansion, to drive growth.
London continues to see the bulk of this growth for many sectors including financial services, legal, accountancy and human resources, although the regions are attracting significant investment as many companies move their middle and back office functions outside of the City.
Salaries are on the rise for both permanent and interim professionals across the country, with many employers recognising the need to focus on employee retention strategies.
The number of newly-created jobs continues to exceed the number of available candidates, creating an environment where multiple offers are presented to the most in-demand professionals at all levels. The resulting levels of competition for the best talent are leading companies to offer an increase in basic salaries and a wide range of nonfinancial benefits, including opportunities for career progression and professional development, to secure high quality professionals.
About the Global Salary Survey
Now in its seventeenth edition, the Robert Walters annual Global Salary Survey is the most comprehensive review of professional salaries and recruitment trends around the world.
The comprehensive book, covering 24 countries, is free and covers the UK and Ireland, Continental Europe, the Middle East, Africa, Asia, Australia and New Zealand as well as North and South America.The Global Salary Survey is based on the analysis of permanent, interim and contract placements made across each of our geographies and recruitment disciplines.
In the UK, the survey covers most areas of professional expertise in London, the Midlands, the North, Northern Home Counties, South East, South West/Wales and Yorkshire.
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Compare your salary across a range of global markets and industries. The Salary Survey is also available as an App for download on iOS and Android.