CV-Library data shows strong wage growth across UK

New data from independent job board CV-Library has shown that wage growth across the UK is strong, with employers offering higher salaries to attract job seekers.

The data compared April 2017 job market trends with April 2016 and revealed the top locations in the UK for salary growth, with Bristol being found to be the location with the highest rise at 7.6 per cent.

Increase

Wales earned second place on the list, with a salary increase of 6.1 per cent, followed by Guildford and Edinburgh, where salaries rose by 5.7 per cent and 5 per cent respectively.

Sheffield also saw a rise in salaries at 4.2 per cent, followed by Birmingham at 3.7 per cent, Leeds at 2.3 per cent, Scotland at 2 per cent and Cardiff at 1.4 per cent.

Manchester came in tenth place on the list, with salaries in the city rising by 1.4 per cent from April 2016 to April 2017.

Whilst London was not featured on the list, salaries in the city were found to have increased, with a rise of 0.1 per cent year-on-year.

Promising

Commenting on the data, CV-Library Founder and Managing Director Lee Biggins said: “It’s very promising to see that some of the UK’s top locations experienced positive pay rises last month.”

He said that it is clear that the competition to secure the top candidates is showing no sign of letting up, with businesses seeking to bolster their ranks with the best talent.

He added that increasing advertised salaries on job postings is one of the ways that firms are attracting candidates, which is excellent news for job seekers looking for their next role.

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