Average advertised salaries fall by 0.6%

Average advertised salaries in the UK fell by 0.6% between June 2016 and June 2017, according to research by Adzuna.

Its UK job market report: July 2017, which analyses online job vacancy data in the UK from over 500 sources, found that the average advertised UK salary decreased by 0.7% between May 2017 and June 2017, falling from £32,743 to £32,519.

Average advertised salaries in London increased by 0.2% between June 2016 and June 2017 to reach £39,232. This is the first time since July 2015 that an annual average salary increase has been recorded for the capital. In the south east of England, average advertised salaries decreased by 2.3% between June 2016 and June 2017, with average advertised salaries currently recorded at £30,986.

Average advertised salaries for the HR and recruitment sector increased by 10.8% between June 2016 and June 2017 to reach £33,710. Healthcare and nursing jobs have seen a 5.4% increase in average advertised salaries between June 2016 and June 2017, compared to a 5.1% increase in the travel sector, and a 4.6% rise for graduate jobs. Average advertised salaries for teaching positions increased by 4.1% between June 2016 and June 2017, and legal jobs recorded an average advertised salary increase of 3.5% to reach £40,190. Average advertised salaries for scientific and quality assurance positions increased by 1.8% between June 2016 and June 2017, reaching an average salary of £38,926.

Doug Monro, co-founder at Adzuna, said: “Although salary growth remains stagnant in most regions, it is encouraging to see London join eastern England, Northern Ireland and Wales as an area where the green shoots of recovery are visible. With more than a quarter of a million openings in London at present, there are plenty of opportunities for modern day Dick Whittingtons to see if the capital’s streets really are paved with gold.”