Belfast Telegraph

Trend reversing with advertised salaries showing slight increase

Advertised salaries have started to increase slightly after falling over the past year, research shows.

Jobs site Adzuna said average pay on offer fell from £33,815 in March 2016 to £32,525 in the same month this year.

But salaries have been gradually increasing in the last few months, albeit very slightly, said its report.

Salaries for graduate jobs increased by 2% over the past year to a typical figure of just under £24,500, said Adzuna.

Vacancies have reached a four month high of over 1.1 million.

Doug Monro, co-founder of Adzuna, said: "With inflation on the rise and wage growth stalling, workers are having to make their money stretch further.

"The minor monthly increases in salary and vacancies are not a lot to shout about but they may now be consistent and reliable enough to bring some confidence back into the labour market.

"There is no harm in remaining optimistic as recent reports have already shown that employers are beginning to up pay promises to tempt in top talent, which is good news for job hunters."