Pay Pressures December 2015
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.