The recruitment industry survey tracks both the average salaries awarded to people placed in permanent jobs each month, as well as average hourly rates of pay for temp/contract staff.
Average starting salaries for candidates placed in permanent roles continued to rise in December. However, the rate of growth eased to a 26-month low. Around 21% of panellists reported higher salaries in the latest survey period, compared with approximately 6% that signalled a fall. Those panellists reporting higher salaries generally cited competition for scarce candidates.
All four monitored English regions registered higher salaries, with the South and the Midlands posting the strongest growth.
Temp/contract pay rates
Hourly rates of pay for temporary/contract staff increased further in December. Although easing to a 21-month low, the rate of growth remained slightly sharper than the survey’s long-run average.
The Midlands led a broad-based rise in temp pay during the latest survey period.