Employers ramp up salaries, despite looming economic uncertainty

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Stuart Gentle Publisher at Onrec 05 Sep 2019|Employers ramp up salaries, despite looming economic uncertaintyStatistics

As uncertainty looms over the UK economy, businesses were forced to hike up their pay in August, in a bid to combat a typically tricky period for hiring.

In fact, the latest job market data from the UK’s leading independent job board, CV-Library, reveals that salaries for new roles have risen by a staggering 37.8% year-on-year.

The findings, which analyse job market data from August 2019 with the same period in 2018, also reveal that certain regions across the UK witnessed even bigger

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