en
Jobs

Let our industry specialists listen to your aspirations and present your story to the most esteemed organisations in the UK, as we collaborate to write the next chapter of your successful career.

See all jobs
Services

The UK's leading employers trust us to deliver fast, efficient hiring solutions that are tailored to their exact requirements. Browse our range of bespoke services and resources.

Read more
About Robert Walters UK

Since our establishment in 1985, our belief remains the same: Building strong relationships with people is vital in a successful partnership.

Learn more

Work for us

Our people are the difference. Hear stories from our people to learn more about a career at Robert Walters UK

Learn more

UK firms shrug off Brexit as salaries set to increase for the first time in two years

Professional salaries in the UK are expected to increase by at least 3% in 2020 – following two years of pay freezes.

With over half of UK professionals believing that their pay is not an accurate reflection of the work they do – news of salary increases above 2020 inflation rates (1.94%) will be warmly welcomed.

The biggest pay increases for white collar professionals will be in The Midlands (+4.46%), The North (+3.31%), followed by South East (+2.90%) and Merseyside (+2.86%).

Whilst business confidence returns to most regions within the UK, the capital London will experience the slowest growth in salaries at +2.15% - that is less half of the increase expected in The Midlands.

The findings come from the Robert Walters Salary Survey 2020 - the biggest research piece of its kind, reviewing over 100,000 roles and the views of over 9,000 UK employees.

Professionals working in legal, marketing, procurement, accounting & finance and tech-based roles will see their pay increase above the national average. Whereas salaries within HR, banking, and logistics will remain static – at most receiving a 1 - 2% increase.

For contractors, the most lucrative day-rate increases will be in procurement (+8%), supply chain (+5%), and marketing (+4%). Not surprisingly it is again in HR, banking, and logistics where contractors will be receiving the lowest day-rate increase in 2020. 


Predicted salary increase for professional services:

 

Job vacancies on the rise as business confidence returns

Chris Hickey, UK CEO at Robert Walters commented on the last 12 months:

“While the UK was defined by a year of political and economic instability due to Brexit, the hiring market performed better than anticipated.

“There were pockets of hiring activity within sectors that received notable VC funding such as technology and fintech. Other areas of positive recruitment in 2019 were property, professional services and specific areas within banking such as hedge funds performed better than anticipated.”

the UK will continue to be a global hub for professional services – from legal, HR, accounting, marketing, tech and business support – the UK continues to have some of the best skilled talent in the world.

 

According to Robert Walters data, professional job vacancies increased by 17% in 2019 when compared with the previous year – with the most notable hiring activity taking place in Birmingham (+26%), Belfast (25%), Manchester (+24%), Glasgow (+23%), and Nottingham (+23%).

In most cases, regions outside of London had almost double the job growth than the capital.

Chris Hickey comments:

“The nearshoring of roles – in particular back-office and operations – to other regions in the UK (namely the Midlands and North West) is something that has been on the agenda for some time and in fact is not Brexit related, but is a decision based on cost-saving. From a London perspective, nearshoring has had more of a significant impact on hiring activity than Brexit.

“What the data in the Robert Walters salary survey highlights is that the UK will continue to be a global hub for professional services – from legal, HR, accounting, marketing, tech and business support – the UK continues to have some of the best skilled talent in the world.” 

Share this article

Related content

Salary Survey
Get in touch

Find out more by contacting one of our specialist recruitment consultants

Related content

View all

What is triggering the CFO talent gap?

The CFO Talent Gap: two-fifths of business leaders blame professionals stepping into CEO positions 41% state CFOs moving to CEO positions as key driver of CFO turnover 45% see a financial background as most advantageous for CEO Skills in strategy (79%) and commercial (+33%) up in CFO roles CFO salar

Read More

Over half of professionals think employers should be doing more to help with workforce wellbeing

Over half of professionals think employers should be doing more to help with workforce wellbeing 55% professionals think employers should be doing more to preserve employee wellbeing 70% professionals now expect more from employers in this space 58% of managers feel employees are more outspoken than

Read More

Bonus cuts: 68% of employees threaten to quit

Bonus cuts: 68% of employees threaten to quit Over three-fifths of UK employees will quit their job if they do not receive a year-end bonus. A third of employers haven’t budgeted for end of year bonuses (52% have) 75% of employers believe year-end bonuses are crucial for retaining their talent. 41%

Read More

I'm Robert Walters Are you?

Come join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.